Page 19 - Engineering Development Board News Today

The Automotive Development Policy (ADP) 2016-21 has had a major role in radically changing the complexion of the Pakistani automotive sector in the past 3

Ministry of Industries and Production has conveyed to the auto industry that the new Electric Vehicle Policy will become part of the new Automotive

EXIM Bank of Pakistan to Commence Operations by June 2021 The EXIM Bank of Pakistan will become operational by June 2021. Sources told Propakistani here on Thursday that the CEO EXIM Bank of Pakistan disclosed this during the 34th meeting of the Auto Industry Development Committee held last month at the Board of Investment. The agenda of the meeting was the support for export of vehicles, parts and components-EXIM Bank. During the meeting, CEO EXIM Bank of Pakistan said that their bank will be ...

The government is considering establishing a separate electric vehicle (EV) board, similar to the Engineering Development Board (EDB), in a bid to promote environment-friendly vehicles in the country.

While already struggling to rein in the prices of sugar, wheat flour, ghee/cooking oil, steel bars and cement, Prime Minister Imran Khan has now vowed to tackle the issue of high car prices and low auto-part localisation. In the last week of 2020, the federal cabinet directed the Ministry of Industries and Production (MoIP) to look into the production capacity of existing carmakers that have failed to increase their output in line with market demand. The cabinet directed the MoIP to look into t...

Why cars are expensive in Pakistan? PakWheels co-founder says overpricing without int’l standard features real issue PHOTO: REUTERS ISLAMABAD: What comes to your mind when you think about buying a car in Pakistan – taxes? Duties? Little or almost no safety and quality features … or almost no value for your money? That’s right; not only this is what is being produced and sold but, at the moment, there is no focus at all on the production of cheap cars having features of international st...

Engineering Development Board (EDP) and Ministry of Industries and Production have started working on the new Automotive Industry Development and Export

Car assemblers have said that electric vehicles will remain out of the reach of people as these are 140% more expensive than conventional cars despite a recent reduction in taxes, urging the government to instead promote hybrid cars

Pakistan’s auto policy to focus on production of ‘cheap’ cars 45% of cost goes to govt in form of duties, taxes SAMAA | Bilal Hussain - Posted: Jan 19, 2021 | Last Updated: 2 months ago SAMAA | Bilal Hussain Posted: Jan 19, 2021 | Last Updated: 2 months ago Listen to the story As the current Auto Development Policy (ADP 2016-21) is about to end in June this year, the government is preparing a new auto policy that will focus on facilitating the manufacturing of low-cos...

Morris Garages (MG) has reopened the bookings for its HS crossover SUV. They had reportedly been closed during December 2020 owing to a statement by the