Mega Motors and BYD Finalize Deal to Produce Electric Cars in Pakistan

Mega Motor Company (Private) Limited, a subsidiary of The Hub Power Company Limited (PSX: HUBC), has finalized a landmark deal with China’s BYD Auto Industry Company Limited. The agreement aims to manufacture, market, distribute, and sell BYD electric passenger vehicles in Pakistan. This partnership marks a significant step toward boosting the country’s electric vehicle (EV) …

Explanation of EU ban on petrol cars

The European Parliament has approved a landmark law that effectively bans the sale of new petrol and diesel cars in the European Union from 2035. The law aims to accelerate the transition to electric vehicles and help combat climate change. The new rules will require car manufacturers to achieve a 100% reduction in CO2 emissions …

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