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Event Brief

Electric bike demand surges amid costly oil

Millat Tractors says a group company is evaluating EV bike production as Pakistan’s auto sector shifts amid costly oil.
WHO: Millat Tractors Ltd (MTL)
WHAT: MTL evaluates feasibility of EV bike production in Pa… while Chery Master Pakistan and Pak Suzuki plan new vehicle models.
WHEN: May 9, 2026 at 10:42 PM ET
WHERE: Karachi, Pakistan
WHY: The article links the shift to costly oil and the ongoing Middle East conflict since Feb 28.

Reporting from 2 identified publishers across this event arc.

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