Global sales of electric vehicles increased by 75% in 2022

The International Energy Agency (IEA) reports record-breaking global electric vehicles sales in its Global Electric Vehicles Outlook 2022. According to the Agency, the Electric Vehicles sales have increased by 75% in 2022.  Simultaneously, the organization foresee obstacles in the deployment of charging infrastructure as well as the mineral supply for battery production. Pakistan’s first compact […]

Why are Electric Vehicles (EVs) so Expensive?

What are Electric Vehicles (EVs) Electric vehicles have minimal operating expenses since they have fewer moving parts to maintain, and they are also very eco-friendly because they consume little or no fossil fuels (petrol or diesel). MG Motors Pakistan unveiled fully-electric MG Marvel R SUV in Pakistan While some Electric Vehicles employed lead acid or […]

Toyota says investing $100 million to locally produce hybrid electric vehicles in Pakistan

Indus Motor Company, also known as Toyota has revealed its plans to invest about $100 million over the next three years for the local production of hybrid electric vehicles in Pakistan. The investment will facilitate localisation of components, plant expansion and production preparation for the first HEV to be manufactured at the Indus Motor Company […]