Electric vehicle ( EV ) Industries

ghazi52 said:

Electric vehicle sales overtake petrol in EU for first time​

  • EU unveiled a plan in December to abandon an effective 2035 ban on combustion engine cars
Reuters
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Sales of fully electric cars surpassed those of petrol vehicles in the European Union for the first time in December, even as policymakers proposed to loosen emissions regulations, data from the auto industry group ACEA showed on Tuesday.

Battery-electric registrations, a proxy for sales, also overtook those of petrol cars in the broader European market, which includes Britain and Norway, as car sales in the continent logged a sixth month of year-on-year growth.

Competition from Chinese brands such as BYD, Changan and Geely is intensifying the race for the European market, even as domestic carmakers like Volkswagen and BMW roll out new EV models.
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For the first time, electric vehicle (EV) sales in the EU have overtaken petrol cars, driven by government incentives and growing environmental awareness. EVs are now more practical with better range and charging options. Staying informed about opportunities like E bike scheme can help people benefit from available support.
 
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Pakistan’s first lithium-ion battery plant set to begin production as new industrial policy nears approval​

Monitoring Desk12 Apr 2026
Pakistan’s first lithium-ion battery manufacturing plant is expected to become operational in Karachi in the coming months, as the National Lithium-Ion Battery Manufacturing Policy for 2026–31 moves closer to formal approval. According to a report by Dawn News.

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The facility, being developed by EV Technologies in the Korangi Industrial Area, will initially produce lithium batteries for electric bikes, e-scooters, and electric vehicles, according to stakeholders.

CEO of EV Technologies Huma Khattak said the plant has already been ordered and is expected to begin production within 2–3 months, aligning with the anticipated rollout of the policy framework. She said the initial production capacity is 4 megawatts, sufficient to supply batteries for around 2,000 e-bikes and e-scooters per month, adding that rising solar adoption and EV demand are driving the need for local battery manufacturing.

Chairing a stakeholder meeting on Saturday, Engineering Development Board (EDB) Chief Executive Hammad Mansoor said the policy has been forwarded to the Ministry of Industries and Production and will subsequently be placed before the National Tariff Board to consider reductions in duties on imported components used in lithium battery assembly and manufacturing.

He added that after tariff approval, the policy will be submitted to the prime minister and cabinet for final approval, followed by inclusion in the Budget 2026–27 by the finance ministry.

Mansoor said the objective is to develop a domestic battery manufacturing base and reduce reliance on imported completely built-up (CBU) batteries, noting that energy storage will play a critical role in both electric mobility and solar power systems.

Currently, lithium-ion batteries are imported for use in electric vehicles and uninterruptible power supply (UPS) systems, including installations in sensitive facilities such as banks.

The Pakistan Solar Association (PSA) has assured the Engineering Development Board that the upcoming facility will support domestic demand as Pakistan’s shift toward solar energy and electric mobility accelerates, increasing the need for localized energy storage solutions.
 

Banks reject 91% of e-bike requests​

Govt revises policy after banks approve only 4,075 of 44,689 applications


Shahbaz RanaMay 06, 20263 min read


tribune


ISLAMABAD:
Commercial banks have shown little enthusiasm for the prime minister's scheme to deliver subsidised electric bikes, approving only 4,075 applications, about 9% of those received, forcing the government to make major policy changes on Tuesday
 
GAC EVs introduced.

Future Plans and Market Strategy​

  • Export Potential: LMC and GAC are already in early discussions about potentially using the Karachi plant as an export hub to ship Pakistani-assembled EVs to other right-hand drive markets where GAC currently has a limited presence.
  • Battery Manufacturing: Beyond assembling vehicles, Lucky Motors is also studying the feasibility of local battery manufacturing, pending an upcoming government policy.
  • Driving Factors: LMC's CEO, Muhammad Faisal, noted that the rapid adoption of EVs in Pakistan is being accelerated by recent sharp increases in conventional fuel prices and the widespread adoption of rooftop solar panels, which makes home overnight charging highly viable for urban buyers.



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