DFML’s share price jump to Rs36.89, a gain of Re0.72 at the time of this report
Karachi: Dewan Farooque Motors Limited (DFML) has kicked off manufacturing and assembly of 300km range electric vehicles (EVs) for Eco-Green Motors Limited (EGML), expanding upon its earlier agreement to produce 200km range EVs.
The automaker shared the development in its notice to the Pakistan Stock Exchange (PSX) on Thursday.
“We are pleased to inform you that in addition to 200km range of electric vehicles, Dewan Farooque Motors Limited has now commenced manufacturing / assembling of 300km range of electric vehicles for Eco-Green Motors Limited,” read the notice.
After the development, DFML’s share price surged to Rs36.89, a gain of Re0.72 at the time of this report.
Rawalpindi to Multan bus meets accident; 5 in critical condition
- 7 hours ago
Indian drone strike kills 3 separatist leaders in Myanmar
- 2 hours ago
Iran confirms assassination attempt on President Pezeshkian amid Israeli airstrikes
- 6 hours ago
PTI expels five lawmakers for defying party policy
- 2 hours ago
Wildlife force deployed as no-bird zones enforced near Lahore airport
- 7 hours ago
Sindh police give 10-day deadline to personnel to quit gutka, mawa use
- 5 hours ago
WhatsApp introduces new feature to show how many people are typing in group chats
- 5 hours ago
High risk near rivers as Tarbela spillways open today
- 6 hours ago
Karachi police bust betel nut smuggling hidden in cement sacks
- 2 hours ago
Frontier Constabulary to become countrywide force under new ordinance
- 2 hours ago
Emergency vaccination reduced deaths by nearly 60% during epidemics, study finds
- 4 hours ago
Kim Jong-un offers full support to Russia in Ukraine war
- 4 hours ago
