Wednesday, June 25 2025

Atlas Honda to launch electric scooter
Atlas Hon­­da Ltd (AHL) plans to lau­­nch an electric scooters specifically designed for Pakistani consumers, following the government’s announcement of the National Electric Vehicle Policy (NEVP). In a filing to the PSX on Tuesday, the company said it is actively engaging with regulatory bodies to obtain the necessary permissions and approvals to ensure a smooth rollout. The company stated that it intends to launch the electric scooters before the end of the current fiscal year, after completing the required quality checks and road testing. In its annual report for the year ended March 2025, AHL outlined its long-term EV strategy, aiming to capture a signi­ficant share of Pakistan’s EV market by 2030. The company will focus on urban commuters, delivery services, and government fleet programmes. It plans to differentiate itself through high-quality, locally assembled electric bikes, backed by its established brand reputation.
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Friday, June 13 2025

Automobile sales flourish in May
Sales of cars, sport utility vehicles, pickups and vans clocked in at 14,762 units in May, reflecting a rise of 35 per cent year-on-year and 39pc month-on-month. This takes 11MFY25 sales to 126,226 units, showing a 39pc increase over 90,545 units in the same period last year, Myesha Sohail of Topline Securities said, quoting data released by the Pakistan Automotive Manufacturers Association (PAMA). The MoM rise was mainly due to a lower base as April saw road closure in Sindh (due to strikes over canal issues), which delayed deliveries and thus lower sales, she said, adding that the YoY growth is supported by a more stable macroeconomic environment, lowering interest rates, easing inflation, and improving consumer sentiment. Sazgar Engineering posted the highest MoM growth of 67pc and an 18pc YoY rise to 919 units in May, mainly due to low sales in April.
Related news categories: auto-assembler business economic-indicators misc

Thursday, June 05 2025

China’s rare earth export curbs hit global auto industry
Some European auto parts plants have suspended output and Mercedes-Benz is considering ways to protect against shortages of rare earths, as concerns about the damage from China’s restrictions on critical mineral exports deepen across the globe. China’s decision in April to suspend exports of a wide range of rare earths and related magnets has upended the supply chains central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world. China’s dominance of the critical mineral industry, key to the green energy transition, is increasingly viewed as a key point of leverage for Beijing in its trade war with US President Donald Trump. China produces around 90 per cent of the world’s rare earths, and auto industry representatives have warned of increasing threats to production due to their dependency on it for those parts.
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Wednesday, June 04 2025

Senate panel urges infrastructure for EVs
The Senate Standing Committee on Industries and Production has urged the government to expedite the development of infrastructure to facilitate the adoption of electric vehicles (EVs). The committee met under the chair of Senator Aon Abbas and discussed the state of EV prevalence and the status of policy. The committee members noted that climate change is currently a serious issue, and if vehicles continue to run on fossil fuels, the situation will worsen significantly; therefore, immediate and serious efforts are required in this regard. Members pointed out that even major cities like Lahore lack EV charging stations, and this is even more pronounced in distant areas.
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Tuesday, May 27 2025

Auto sector seeks clarity on import duty cuts
The automobile assemblers and parts manufacturers have urged the government to announce a clear policy on reducing vehicle import duties before announcing the upcoming budget. In a recent meeting with Special Assistant to the Prime Minister (SAPM) Haroon Akhtar Khan, the representatives of the Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) and Pakistan Automotive Manufacturers Association (Pama) demanded clarity of policies from the government. Officials from the Ministry of Industries and Production and the Engineering Development Board (EDB) also attended the meeting. They have warned that if such a policy is implemented, they may shift their focus from local manufacturing to importing vehicles. The meeting was part of the proposals related to the National Tariff Policy (NTP) for 2025-30, which the government plans to implement starting July 1.
Related news categories: auto-assembler business economic-indicators misc