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Wednesday, February 5, 2025
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Automotive Industry

EVs expected to represent 50% of auto sales by 2030

Up to 50% of vehicle sales in Pakistan could be electrified by 2030, according to BYD Pakistan, a joint venture between China's BYD and...

IMC prepares for vehicle and labor exports

Amid declining sales and an increase in the influx of used cars, Indus Motor Company (IMC) is set to export 50 locally assembled units...

Toyota Indus Motor Company (IMC) has increased the prices of the Yaris facelift

Indus Motor Company (IMC) has introduced the Toyota Yaris facelift model, accompanied by a price hike ranging from Rs144,000 to Rs606,000. In mid-March, IMC reduced...

Tesla cancels affordable car project due to tough competition in Chinese EV market

Tesla has reportedly scrapped its plans to produce an affordable car, a move that investors had anticipated to fuel the company's expansion into a...

Xiaomi introduces its electric vehicle

Xiaomi, the renowned Chinese consumer tech giant, has unveiled its inaugural electric vehicle (EV) in Beijing, marking its entry into the fiercely competitive automotive...

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