Category: Pakistan

Pakistan is on the brink of a green mobility revolution with a massive $250 million investment by ADM Group in the country’s electric vehicle (EV) sector. This bold move signals a major leap forward in Pakistan’s journey toward sustainable transportation, and it’s catching the attention of the Carkit community. A Two-Pronged Strategy for EV Growth […]

Mega Motor company and BYD is launching and introducing the NEV brand through a live stream, which will start at 3 pm today. During the event, the top company officials will be sharing the details about the company, its future planning for Pakistani market and their models to be introduced. You can watch the whole event […]

On August 9th, 2024, Punjab Transport Minister Akbar Khan unveiled an ambitious plan to enhance the province’s transport system. The initiative includes purchasing 3,000 new buses, which Khan described as a major upgrade. Speaking at the Attock General bus stand, Khan emphasized the government’s commitment to providing safe travel options for the public. “The government […]

Following Punjab’s lead, the Sindh government has rolled out a new digital service aimed at making vehicle registration smoother and more convenient. Residents can now register their vehicles from home, thanks to this latest initiative. Transport and Excise Minister Sharjeel Memon announced the new service during a press conference. The decision to offer home-based registration […]

The recent economic meltdown hasn’t just shaken Pakistan’s car industry—it’s also hit the petroleum sector hard. With the rupee devaluation and financial instability worsening, major oil companies are now reconsidering their presence in the country. French oil giant TotalEnergies has announced plans to sell its 50% stake in Total PARCO Pakistan Limited (TPPL) to global […]

A few years ago, the automotive industry in Pakistan faced a double blow—declining sales and limited financing options. While car sales have since recovered, the auto loan market has not followed suit. For over two years now, the financing sector has witnessed new lows each month. According to the latest data from the State Bank […]

Earlier today, we reported that the federal government is gearing up to raise petrol price in Pakistan by Rs. 7.67 per liter for the next 15 days. The Ministry of Finance consulted with Prime Minister Shahbaz Sharif, and the result is here. The government has increased the price of petrol by Rs. 9.99 per liter, […]