Elon Musk has announced that Tesla will introduce a Robotaxi this year, addressing escalating safety concerns impacting the adoption of self-driving vehicles. The billionaire boss of the electric car maker did not provide details, saying only in his post on X that the “Tesla Robotaxi unveil” will come on August 8. Tesla shares rose more than three percent in after-market trades following the post, after finishing the day down. Musk has long boasted of the work Tesla is doing on its systems for electric cars to drive themselves. Robotaxi is being dubbed as an autonomous vehicle poised to gradually render…
Author: WebDesk
Suzuki Swift lovers in India will soon cruise down the road in all-new fourth generation Maruti Swift next month. As per the reports coming from Indian auto industry, Maruti Suzuki India is expected to release the car on May 9.Upcoming car promises a fresh look coupled with India-specific enhancements setting to captivate automotive enthusiasts and loyalists alike. Suzuki Swift: Design Language The exterior of the new Swift boasts a harmonious blend of sleekness and modernity, featuring LED headlights integrated with L-shaped LED DRLs. Notably, all the Indian variants get a chrome surround around the front grille.Moreover, revisions in the front and…
After car sales, here we bring another update narrating that the country’s auto industry is still in peril. Price hike, rupee devaluation, production cuts has pushed the car sales and auto finance to historic down. Auto loans in Pakistan took a significant dip in March, falling by 24.4 percent compared to the previous year, totaling Rs239 billion. This marks the twenty-first consecutive month of decline, indicating a tightening in consumer financing. In March alone, there was a 1.4 percent decrease in auto loans compared to February, where the amount stood at Rs243 billion. This decline is part of a larger trend…
Celebrating its two-year presence in the Pakistani auto market, Chery has announced a reduction in the price of its crossover SUV, Tigo 8 pro. In a notification, the company said as you know, Chery has completed two years of operations in Pakistan, and it feels great to have you all as an integral part of our team. “To celebrate this great milestone, Ghandhara Automobiles Limited is pleased to announce the Special Retail Selling Price (RSP) of Tiggo 8 Pro on limited stock only,” the company mentioned. The new price will be applicable from April 17, 2024.
Iranian Investment Minister calls on BOI Minister Islamabad, The Gulf Observer: A five-member delegation led by Mr. Ali Fakhri, Deputy Minister and Head of Organization for Investment Economic and Technical Assistance of Iran (OIETAI) called on Federal Minister for Board of Investment (BOI) Chaudhry Salik Hussain here on Tuesday. The delegation comprised of Seyyed Asia Abtahi, Adviser to the Head of OIETAI, Pauria Parto, Adviser to the Head of OIETAI, Nabi Ollah Shirazi, Deputy Head of Mission Embassy of Iran and Ms. Zahra Ghadyanlou Second Secretary, Embassy of Iran. From Pakistani side, Mr. Khashi Ur Rehman, Additional Secretary BOI, Nadeem…
Rawalpindi Ring Road, one of the most eagerly awaited projects in the region, is slated for a grand inauguration on August 14, 2024, as confirmed by Commissioner Rawalpindi, Liaquat Ali Chatta. This development has garnered immense anticipation from investors, real estate consultants, and housing societies, positioning it as a transformative infrastructure initiative for the city. Commissioner Chatta shared insightful details during a recent announcement. The project, spearheaded by Frontier Works Organization (FWO) and National Logistics Cell (NLC), has completed 18% of the development work. In addition, the Parks and Horticulture Authority (PHA) will be entrusted with the plantation on both…
Yango, an international company providing digital urban mobility services, is all set to launch its services in test mode in Pakistan and start investing. This was informed by Anton Zykov – GR Vice President, Yango during a meeting with the Board of Investment here on Thursday. The meeting was chaired by Federal Minister for Board of Investment (BOI), Chaudhry Salik Hussain via Zoom, while Secretary BOI, Asad Rehman Gilani moderated the meeting. Addressing the Yango delegation, the minister welcomed Yango for its readiness to invest in Pakistan and start its services in test mode in the country and desired that…
PM’s coordinator on Climate ChangeRomina Khurshid Alam Meeting with Ms. Stoyanka Stich, ClusterCoordinator, Energy and Climate Change Cluster, GIZ, Pakistan
At present, the US has technological, economic and political dominance across the globe.
