Tesla Will Collaborate With Pakistan’s NUST Formula E Team

Young students in the NUST university’s Formula Electric Racing NUST (FERN) program aim to improve and create the world’s first electric racing vehicle. Tesla Inc., a multibillion-dollar manufacturer of electric vehicles, has joined FERN as a creative partner. Despite the fact that FERN has also attracted numerous other foreign partners, this is by far the program’s greatest success.

Pakistan was one of the six nations that participated in the Formula SAE Lincoln 2016 competition six years ago when a team of five undergraduate students from NUST created the nation’s first-ever Formula Electric Car. A total of 30 teams from 6 nations were permitted to enter the competition. The only team that could represent both Asia and Pakistan was FERN.

Formula Electric Racing NUST (FERN) from Pakistan Navy Engineering College (PNEC-NUST) has made significant progress by securing technical sponsorship from Tesla. one of the most valuable automotive brands, with its electric vehicles, solar energy, integrated renewable energy solutions, and other products, is quickening the global switch to sustainable energy.

Teams competing in Formula Student from all around the world are sponsored by Tesla. The first and only team from Pakistan to receive this honor is FERN. Along with providing technical support, Tesla will give FERN a 5000 euro discount on enepaq tinybms, ADI & TI, BMS chips, and development boards. One of the constituent colleges of NUST, Pakistan Navy Engineering College is home to the renowned Formula Student team FERN.

Since 2016, the group has been focusing on electric propulsion. It has had the distinct honor of competing in five Formula Student competitions on behalf of Pakistan and earning the country’s lone podium finish. The first team to work on driverless cars in Pakistan is FERN. The partnership with Tesla will undoubtedly help FERN reach greater milestones in the global automobile industry.

Recent News

Digitt+, Pakistan’s first agricultural fintech and electronic money institute, has partnered with Covalent, a SAAS/PAAS pioneer, to launch “Zariya.” This innovative platform aims to provide startups and fintechs with cutting-edge Banking as a Service (BAAS) solutions. Zariya offers a comprehensive tech stack on a flexible pay-as-you-grow model, ensuring rapid market entry.

The federal government has earmarked Rs. 5.394 billion for five new IT and Telecommunication initiatives under the Public Sector Development Program (PSDP) for the fiscal year 2024-25. These projects include the Digital Economy Enhancement Project, Expansion of Cellular Services in AJK and GB Phase-IV, NGMS Core Upgradation, National Semiconductor HR Development Program Phase-I, and the Revamping of the IT Industry Landscape.

Alif Capital Holdings Enters Pakistani Market with Strategic E-commerce Acquisition

A well-reputed company registered in England called M/s Alif Capital Holdings Limited is working as a parent company for dealing with various investments and controlling the ownership of different companies. Its target company is M/s Alif Innovations (Private) Limited which has the utmost expertise in providing e-commerce services and solutions and is registered in Pakistan.