Dewan Farooque Motors launches EV production in Pakistan

News Image

MG News | September 10, 2024 at 10:38 AM GMT+05:00

0:00

September 10, 2024 (MLN): In a significant development for both Pakistan's auto sector and Dewan Farooque Motors Limited (PSX: DFML), the company has officially commenced the production of electric vehicles at its assembly plant.

This follows an agreement with its associated company, Eco-Green Motors Limited (EGML).

To recap, on July 23, 2024, DFML notified that the Engineering Development Board (EDB) had conducted a physical verification of EGML’s manufacturing facilities at the company’s assembly plant.

With the approval now received, production has officially commenced.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 188,202.86
341.59M
-0.20%
-384.80
ALLSHR 112,423.22
745.46M
-0.07%
-79.96
KSE30 57,956.48
141.89M
-0.12%
-70.41
KMI30 267,375.33
135.18M
-0.39%
-1043.48
KMIALLSHR 72,363.20
391.84M
-0.20%
-146.78
BKTi 53,485.97
53.11M
0.26%
139.85
OGTi 38,916.61
17.01M
0.72%
278.13
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 88,370.00 88,985.00
87,470.00
785.00
0.90%
BRENT CRUDE 66.69 66.78
65.00
1.10
1.68%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-2.65
-2.96%
ROTTERDAM COAL MONTHLY 99.00 0.00
0.00
0.30
0.30%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 61.73 61.86
60.14
1.10
1.81%
SUGAR #11 WORLD 14.97 14.98
14.74
0.18
1.22%

Chart of the Day


Latest News
January 27, 2026 at 05:43 PM GMT+05:00

Pakistan economy enters the acceleration phase


January 27, 2026 at 04:59 PM GMT+05:00

ISL triples profit to Rs1.6bn in H1FY26


January 27, 2026 at 04:34 PM GMT+05:00

Sazgar 6MFY26 profit up 27%, declares Rs15 dividend


January 27, 2026 at 04:28 PM GMT+05:00

Fauji Foods profit surges 76% to over Rs1bn


January 27, 2026 at 04:22 PM GMT+05:00

PSX Closing Bell: Pause for the Bulls



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg