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Automotive

BYD Pakistan assembly plant under construction near Port Qasim Karachi in 2026

Government Backs BYD’s EV Manufacturing Plans in Pakistan

Nayab Fatima2026-06-18

The $150 million Port Qasim facility being built by the Chinese electric vehicle manufacturer together with the HUBCO subsidiary, Mega Motors, is still projected to be completed in either Q3 or Q4 of 2026; this facility will be BYD’s first manufacturing facility for South Asia and will be able to produce 25,000 vehicles per year. ... Read more

Hinopak Profit rises 234 percent as company announces 109.1 percent cash dividend

Hinopak Profit Jumps 234%, Board Approves 109% Cash Dividend

Faraz Ali Ansari2026-06-18

KARACHI: Hinopak Motors Limited reported an impressive turnaround in terms of profits during the financial year 2025-26, resulting in increased net income, which led to the declaration of a handsome dividend by the company’s board in the form of a cash payout amounting to 109.1% or Rs10.91 per share. Hinopak Motors Limited has notified the ... Read more

Motorway Police Announce Entry Ban on Vehicles Lacking Fire Extinguishers

Motorway Police Ban Vehicles Without Fire Extinguishers

Nayab Fatima2026-06-18

National Highways & Motorway Police has announced an important public safety ordinance whereby it has made functional fire extinguishers obligatory in all vehicles using national transit networks. The new directive, which NHMP has just issued, will see the implementation of the motorway police fire extinguisher ban, effective June 24, 2026. According to this regulation, no ... Read more

Punjab Juvenile Motorcycle Permit allows teenagers aged 16 to 18 to ride legally in Punjab

Punjab Lets Teenagers Ride Legally With New Motorcycle Permit

Faraz Ali Ansari2026-06-18

LAHORE: Punjab govt is rolling out the Juvenile Permit which will provide 16 to 18-year-olds an opportunity to drive legally for the very first time in the province. The plan, announced by Punjab CM Maryam Nawaz Sharif, will have a simple procedure to enroll in the program – simply pay the fee, come with your ... Read more

Automotive

Robert Lewandowski Joins Chery as Chery Brand Global Ambassador

Nayab Fatima2026-06-16

In a bid to further enhance its presence in the international market, the automobile company Chery has recently appointed the globally recognized football celebrity Robert Lewandowski as the Chery brand ambassador. The deal was announced during an official ceremony held at Chery’s European Operation Centre located in Barcelona, Spain. Contract signing was conducted by Zhu ... Read more

Pakistan Luxury Vehicle Imports Tax increases under Budget 2026-27 as new duties target luxury cars, SUVs and premium electric vehicles.

Govt Slaps Heavy Excise Duties on Luxury Vehicle Imports

Faraz Ali Ansari2026-06-16

ISLAMABAD: Finance Minister Muhammad Aurangzeb introduced a stringent taxation policy for the automotive industry in the Federal Budget 2026-27. The government is levying heavy taxes on luxury cars imported into the country, indicating that it will start taxing luxury consumption in order to increase its revenue. This fiscal policy aims at imposing taxes on ICE ... Read more

19.5% Carbon Tax on 2000cc+ Cars in Pakistan Budget 2026-27

Pakistan Introduces 19.5% Carbon Tax on 2000cc+ Cars

Nayab Fatima2026-06-11

If you happen to own an automobile with an engine larger than 2,000cc in Pakistan, there is a piece of information related to the forthcoming federal budget that requires you to pay close attention. This time around, the government plans to levy a carbon tax of up to 19.5% on all large-engine vehicles. It is ... Read more

Tesla robotaxi vehicle driving on Texas road

Robotaxi Debut Faces Criticism Over Long Waits and Ride Disruptions

Nayab Fatima2026-06-11

With almost a year gone by since Musk heralded the arrival of a new age for self-driving technology, the robotaxis project for Tesla has become a massive disappointment. Only 59 robotaxis exist in three cities in Texas Austin, Dallas, and Houston. When Tesla talks about millions of cars revolutionizing everything, it’s clear they are lagging ... Read more

Pakistan EV tax increase comparison showing current 1% local assembly tax versus proposed 25% sales tax on EV imports as June 30 exemption deadline expires

Electric Cars in Pakistan May Get Costlier as Government Weighs 25% Tax

Nayab Fatima2026-06-10

According to the government’s plan, a maximum of 25% sales tax will be levied on imported EVs in financial year 2027, bringing an end to a six-year cycle of incentives for Pakistan’s electric vehicle industry. The exemptions from CKD kits, one percent local assembly tax, and hybrid vehicle tax allowances will expire by June 30, ... Read more

Honda Atlas Cars Pakistan FBR tax dispute Rs17 billion annual report 2026 customs duty contingencies

Honda Cars Pakistan Disputes Billions in Tax Payments Claimed by FBR

Nayab Fatima2026-06-09

KARACHI: Honda Atlas Cars Limited is engaged in litigation with the Federal Board of Revenue on multiple fronts, where total tax contingencies have crossed Rs17 billion, as revealed in the Annual Report of the company for the year 2026. The automobile manufacturer based in Lahore is involved in three different tax disputes, which include Customs ... Read more

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