KARACHI – Achieving a major milestone in auto sector, Pakistan Sunday unveiled its first locally-manufactured electric car at a ceremony in the port city on the eve of Independence Day.
The prototype car, which is dubbed as NUR-E 75, was manufactured with the collective efforts of Dice Foundation, universities and the private sector while its booking for public is expected to be opened in late 2024.
The NED University of Engineering and Technology has developed battery pack for the vehicle that is equipped with advanced features.
The Sir Syed University of Engineering has manufactured the chargers for these vehicles, reports said, adding that efforts are also underway to develop faster charges that will be helpful in reducing charging time.
Good news for Pakistan one after another Alhumdulillah, Pakistan’s first Electric car NUR-E75 unveiled in Karachi . Pakistan launched its first electrical vehical a day ahead of India’s first electric car. Pakistan Zindabad.🇵🇰#IndependenceDay #ElectricVehicles #PakistanAt75 pic.twitter.com/hlh8EAYeEv— Danish Aftab (@danishaftab4246) August 14, 2022
The electric vehicle will be able to cover a distance of 210km at a speed of 120 kmph while it takes eight hours to get fully charged.
The design of the new card has been created by the National College of Arts (NCA).
Dice Foundation Chairman Dr Khurshid Qureshi termed the “Made in Pakistan” car as a milestone for the country’s economic stability.
Pakistani rupee saw marginal improvement against US dollar as it appreciated in the open bank market.
On Thursday, the US dollar moved up and was being quoted at 285.3 for buying and 288.15 for selling.
Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.
UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.
|UK Pound Sterling||GBP||358.5||361.5|
|Hong Kong Dollar||HKD||36.63||36.98|
|New Zealand Dollar||NZD||173.44||175.44|
KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.
On Thursday, the single tola of 24 Karat gold was available at Rs218,600, and the price for 10-gram gold reached Rs187,420.
Meanwhile, the 22 Karat Gold price stands at Rs200,380, 21 karat rate for each tola is Rs191,275 and 18k gold rate hoveres around Rs163,950.
In international market, the price of precious metal hovers around $2,045 per ounce.
|Lahore||PKR 218,600||PKR 2,675|
|Karachi||PKR 218,600||PKR 2,675|
|Islamabad||PKR 218,600||PKR 2,675|
|Peshawar||PKR 218,600||PKR 2,675|
|Quetta||PKR 218,600||PKR 2,675|
|Sialkot||PKR 218,600||PKR 2,675|
|Attock||PKR 218,600||PKR 2,675|
|Gujranwala||PKR 218,600||PKR 2,675|
|Jehlum||PKR 218,600||PKR 2,675|
|Multan||PKR 218,600||PKR 2,675|
|Bahawalpur||PKR 218,600||PKR 2,675|
|Gujrat||PKR 218,600||PKR 2,675|
|Nawabshah||PKR 218,600||PKR 2,675|
|Chakwal||PKR 218,600||PKR 2,675|
|Hyderabad||PKR 218,600||PKR 2,675|
|Nowshehra||PKR 218,600||PKR 2,675|
|Sargodha||PKR 218,600||PKR 2,675|
|Faisalabad||PKR 218,600||PKR 2,675|
|Mirpur||PKR 218,600||PKR 2,675|