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Yahoo
19 minutes ago
- Yahoo
BYD to start first car assembly in Pakistan by mid-2026
China's BYD has announced plans to commence the assembly of its first electric car in Pakistan by July or August 2026, aiming to meet the increasing electric and plug-in hybrid vehicle demand in the region, a company executive said, according to Reuters. This development comes as part of BYD's strategic expansion in the Asia-Pacific market and follows the company's plan to initiate vehicle sales in Pakistan last year. Switch Auto Insurance and Save Today! Affordable Auto Insurance, Customized for You Great Rates and Award-Winning Service The Insurance Savings You Expect BYD Pakistan sales and strategy vice president, Danish Khaliq, revealed to Reuters that the new assembly plant, currently under construction since April near Karachi, represents a collaboration between BYD and Mega Motor Company, a subsidiary of Pakistani utility Hub Power. The facility is expected to have an initial production capacity of 25,000 units annually on a double shift schedule. However, he did not provide details on when the plant would reach full capacity or when mass production would start. Khaliq further explained that the plant would begin by assembling imported parts and locally producing non-electric components. The initial focus will be on supplying the domestic market, with the possibility of exporting to other right-hand drive countries in the region if it makes economic sense. BYD has already commenced delivering imported EVs in the country since March, with sales surpassing internal targets by 30%, although exact numbers were not disclosed. The market for EVs and plug-in hybrid cars in Pakistan is expected to grow significantly, with Khaliq anticipating a three to fourfold increase by 2025 from around 1,000 units last year. Khaliq noted that BYD is aiming for a 30-35% market share in this segment. According to a HUBCO filing, BYD Pakistan reported a profit of around PKR444m ($1.56m) in the March quarter of this year. The Pakistani market is set to welcome the upcoming launch of BYD's Shark 6 plug-in hybrid pickup truck. The Pakistani government is promoting EV adoption by reducing power tariffs for chargers by 45% in January and encouraging the establishment of private charging stations, addressing the current lack of infrastructure for all-electric vehicles. "BYD to start first car assembly in Pakistan by mid-2026 – report" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
New York Post
20 minutes ago
- New York Post
Teen cuts off adoptive parents after they skip her high school graduation — to buy Labubu for their biological daughter: ‘Ridiculous'
This is real Labubu lunacy A teenage girl has revealed on Reddit that she 'ran away' from her adoptive parents after they missed her high school graduation to buy their biological daughter a Labubu. Labubus, pint-sized plush creatures created by Hong Kong-based artist Kasing Lung, have become the hottest toys on the planet this summer, sparking global shopping frenzies — and it seems moms and dads are immune from the craze. 3 A girl's adoptive parents missed her graduation to buy their biological daughter a Labubu. Posting to the 'Am I An A–hole' subreddit, the adopted and anonymous 18-year-old said she knew the situation 'sounded so ridiculous and insane,' but she wanted Redditors' opinions. For background, she explained that she was adopted as a baby and her parents didn't think they could have children, but eight years later they got pregnant with a 'miracle' child, referred to as Princess. 'Everything changed. Princess was spoiled and clearly the favorite. She never got in trouble, was always right, got WHATEVER she wanted and acted HOWEVER she wanted,' the poster shared. 'My parents didn't treat me badly, though, but if I got one toy, Princess got five. It sucked, I was jealous, and I got in trouble for it.' Princess allegedly started to get worse when she was six when she 'realized how much she could get away with.' This prompted the original poster to do what she could to avoid her. 'Now I have a car and a boyfriend (since sophomore year). I stay with him a lot and his family loves me so I'm barely home, maybe 24 hours at most weekly,' she said. Her graduation day was the final straw for her as it was 'one of the few things I asked my parents to come to.' The Redditor was excited for the milestone celebration until Princess 'had to ruin it.' 'See her current obsession are these doll plush keychains called Labubus, she collects them and that specific day, she found this super rare one for sale in our city,' the girl explained. 3 The 'super rare' Labubu the parents purchased for Princess was allegedly $350. REUTERS/Go Nakamura 'Now instead of contacting the seller and buying it the next day, my parents went to go get it,' she continued 'Then they showed up so late, our caps were already being tossed.' The Labubu the parents purchased for Princess was allegedly $350 — while the high schooler got $150 for her grad gift. After graduation, she went home with her boyfriend and 'basically moved in with him.' 'I was hurt,' the Redditor explained. 'My parents called, texted, apologized, even came over and begged me to forgive them, worst part of it all, they think it's the money and sent me another hundred dollars. I refused to talk to them.' She said the situation has now escalated to her parents 'threatening to report me as missing/ a runaway and contact my future college if I don't go back home.' Many Reddit users agreed that she was justified in her actions. 'Sibling favoritism is so crazy to me and i think it's so unfair to the one being treated poorly. The fact that they only thought it was about the money speaks high volumes about their character,' one person wrote. 'Been there, yo. People don't realize how much the 'little things' build up over time. You don't have to accept the bare minimum just 'cause it's coming from family. You deserve effort, too,' another shared. 3 Her graduation day was the final straw for her as it was 'one of the few things I asked my parents to come to.' paepae stocker – Another said that the parents 'prioritized a toy over your graduation.' 'That's incredibly hurtful and dismissive. That's not a small mistake, that's a loud message about where you stand in their priorities,' the person said. Many also noted that because the Redditor is now 18, she's legally an adult and can move out if she wants to. Multiple people suggested she get ahead of it, contacting the local police department and her college to let them know the situation.
Business Upturn
35 minutes ago
- Business Upturn
What was the last Instagram post by veteran star Hulk Hogan?
By Aditya Bhagchandani Published on July 24, 2025, 21:37 IST Legendary professional wrestler Hulk Hogan passed away at the age of 71, leaving behind a legacy that reshaped the world of sports entertainment. But even in his final days, Hogan remained connected to his fans—and his last Instagram appearance reflects the spirit he championed throughout his life. Hogan's last known Instagram post was made by @therealamericanbeer just a day before his reported demise. The post featured a vibrant beach sand art tribute of Hogan himself, wearing his iconic red-and-yellow 'HULK RULES' gear, holding a can of American beer. The caption read: 'Beach day sponsored by brotherhood.' The artwork captured Hogan's larger-than-life persona—muscular, intense, and still a symbol of camaraderie and nostalgia for fans of wrestling's golden age. The comments section quickly turned into a virtual memorial after the news of his passing surfaced. 'Rest in Peace brother! HULKAMANIA will live forever,' one user wrote, while another simply said, 'Rest up big man ❤️❤️.' From dominating WrestleMania to becoming a household name across generations, Hulk Hogan wasn't just a wrestler—he was a phenomenon. And his final digital appearance was as powerful as his in-ring legacy: full of heart, strength, and the unbreakable bond of brotherhood. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
