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Tag: Electric Vehicles

Angola rare earth minerals discovery valued at $97 trillion attracting global mining and technology companies

$97 Trillion Rare Mineral Reserves Discovered in Angola, Former Pakistani Senator Faisal Raza Abidi Appointed Chief Consultant

Angola: Angola rare earth minerals have moved into the global spotlight after the discovery of an estimated $97 trillion worth of rare and strategic mineral reserves in the African nation. The massive find is expected to have far-reaching implications for the global mining, technology, electric vehicle, and defense industries, as demand for critical minerals continues […]
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Xiaomi

Xiaomi’s EV and AI Division Reports First Quarterly Profit Amid Chip Price Pressures

BEIJING, November 18, 2025 — Chinese consumer tech giant Xiaomi announced on Tuesday that its smart electric vehicle (EV), artificial intelligence (AI), and new initiatives division has achieved a quarterly operating profit for the first time, marking a major milestone in the company’s diversification strategy. According to Xiaomi President Lu Weibing, the segment posted an […]
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Battery Swapping Network

LUMS, HBL Partner to Develop Pakistan Battery Swapping Network

LUMS and Habib Bank Limited (HBL) have signed an MoU to collaborate on developing commercial financing schemes for LUMS’ upcoming project, ‘Pakistan – Battery Swapping Network’. The initiative aims to accelerate the adoption of electric three-wheelers in Pakistan by introducing flexible and accessible financing options. Through this collaboration, both institutions seek to drive the transition […]
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