Chinese automaker BYD has launched the Shark, Pakistan’s first hybrid pickup truck, in partnership with Mega Motor Company as part of a broader plan to begin local EV assembly near Karachi by mid-2026, cementing its entry into South Asia’s green mobility market.
BYD will begin assembling electric vehicles in Pakistan by mid-2026, with plans to produce 25,000 units annually and capture a significant share of the country’s growing EV market.
چینی الیکٹرک گاڑیاں بنانے والی کمپنی BYD نے پاکستان میں گاڑیاں بنانے کا پلانٹ قائم کرنے کا اعلان۔ کمپنی کراچی، لاہور، اور اسلام آباد میں فلیگ شپ اسٹورز بھی کھولے گی، جہاں ابتدائی طور پر تین ماڈلز فروخت کے لیے پیش کیے جائیں گے۔
Per a new purchasing managers’ survey released by HBL and S&P, Pakistan’s manufacturing PMI rose to 50.9 in May, returning to expansion as new orders recovered and export orders posted their strongest rise since February 2025.
Pakistan’s major ports are seeing a sharp rise in container and transshipment activity as Gulf disruption redirects cargo towards Karachi, Port Qasim and Gwadar.
Iranian officials are preparing three days of farewell ceremonies and a 24-hour funeral procession for Ali Khamenei, with events expected in Tehran, Qom and Mashhad.
Trump reportedly warned Netanyahu against further escalation in Lebanon as US-Iran diplomacy faced renewed pressure, with Pakistan and Qatar involved in efforts to preserve a fragile regional framework.