Pakistan Automobile Industry Faces Critical Shift as Hybrid Tax Review Looms
The federal government evaluates a major tax hike on hybrid vehicles in the 2026 budget, potentially raising sales tax from 8.5% to 18% and reshaping the auto market.
Rising Petrol Prices Drive Shift Toward PHEVs and REEVs in Pakistan SUV Market
Chery Master Pakistan Director Syed Asif Ahmed explains how Rs320+ petrol prices make Plug-in Hybrids and REEVs the most economical choice for SUV owners.
UBL and Inverex Automobiles Partner to Launch Exclusive Fleet Financing for Electric Vehicles
UBL has partnered with Inverex Automobiles to launch an exclusive Fleet Financing offer for electric vehicles in Pakistan, featuring 0% markup for one year and low-rate multi-year financing options. The collaboration supports businesses in adopting cost-effective and sustainable fleet solutions, advancing the country’s clean mobility goals.
GIKI and HBL Join Forces to Drive Innovation, Future Talent, and Sustainable Development in Pakistan
GIKI and HBL have embarked on a strategic collaboration to accelerate innovation, bridge the industry-academia skill gap, and invest in sustainable development, focusing on future-ready technologies like EVs, blockchain, and cybersecurity.
Pakistan Eyes Affordable Insurance to Boost Electric Vehicle Financing Scheme
SAPM Haroon Akhtar Khan chaired a crucial meeting to review insurance costs under Pakistan’s Electric Vehicle Financing Scheme, aiming to ensure affordable rates and promote eco-friendly