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Site update: April 15 2026, at 14:30 PKST
Stock update: April 14 2026.

Recent Financial News in the 'auto-assembler' category

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Wednesday, April 15 2026

Auto Policy likely to be unveiled on July 1
The Ministry of Industries and Production reviewed the draft ‘Auto Policy’, which is expected to be unveiled on July 1, 2026, and stated that the policy focuses on localization to help bring vehicle prices down. In this connection, a meeting was held here on Tuesday under the chairmanship of Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, with a delegation of auto parts manufacturers to discuss the forthcoming auto policy and measures for strengthening the local industry. The meeting was also attended by the Secretary of Industries and Production, Saif Anjum, and the CEO of the Engineering Development Board (EDB), Hammad Mansoor, along with other relevant stakeholders. During the meeting, detailed deliberations were held on the new auto policy, with a strong emphasis on the localization of auto parts manufacturing.
Related news categories: auto-assembler business economic-indicators psx stock-exchanges

Monday, March 16 2026

Nora EV enters Pakistan market with Rs1.89mn starting price
Pakistan’s electric vehicle (EV) segment has gained a new entrant as Nora EV has officially launched in the local market with a starting price of Rs1.889 million. According to details on the Nora EV website, the vehicle has been introduced in three variants, targeting buyers seeking relatively lower-cost EVs. The Eco variant is priced at Rs1,889,000, while the Eco+ variant costs Rs2,099,000. The top-tier EcoX variant will be available for Rs2,299,000. As per the company, this is “Pakistanʼs first EV that lets you swap batteries and power up in seconds”. The Nora EV is a compact four-seater electric vehicle designed primarily for urban commuting. The vehicle measures 2900mm in length, 1450mm in width, and 1600mm in height, with a wheelbase of 1900mm and ground clearance of 160mm.
Related news categories: auto-assembler business economic-indicators misc

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