Commerce Ministry Confirms: 5-Year Age Restriction on Commercial Imports of Used Cars Scrapped Retroactively from July 1, 2026

Commerce Ministry Confirms: 5-Year Age Restriction on Commercial Imports of Used Cars Scrapped Retroactively from July 1, 2026

NewsLeave a comment

In a regulatory breakthrough reshaping Pakistan’s automotive trade landscape, the Ministry of Commerce has officially confirmed the total removal of the five-year age limit on commercial imports of used vehicles, applying the decision retrospectively from July 1, 2026. Conveyed to the Federal Board of Revenue (FBR) via an official Office Memorandum (Reference No. 1(14)/2025-IMP-III-0010) dated…

BYD Pakistan Electric Vehicle Assembly Plant

BYD Pakistan Electric Vehicle Assembly Plant

NewsLeave a comment

BYD $150M Electric Vehicle Assembly Plant in Pakistan Misses Opening Deadline 🇵🇰⚡🚗⚠️ The transition toward locally manufactured electric mobility in Pakistan has experienced a schedule revision. The landmark $150 million New Energy Vehicle (NEV) assembly facility in Gharo, Sindh—developed jointly by Mega Motor Company (Private) Limited (a subsidiary of Hub Power Company – Hubco) and…