Business Desk 
Nov 07, 2024
The Electric Vehicle (EV) Policy for Pakistan is set to be announced by the end of November, according to Federal Minister for Industries and Production, Rana Tanveer Hussain.
The new policy aims to promote electric vehicles across the country, reflecting the Prime Minister’s vision to support eco-friendly transportation and reduce emissions.
In a media briefing held in Islamabad, Minister Hussain shared details about the government's plans for EVs, saying that several manufacturers in Pakistan are already producing electric two-wheelers and three-wheelers.
He also highlighted that some of these locally made three-wheelers are being exported, showcasing the country's progress in EV manufacturing.
Electric vehicle policy for Pakistan
To support this transition, the government has allocated Rs4 billion to boost the adoption of electric vehicles. Part of this funding would provide subsidies for two-wheelers, making it easier for citizens to access EVs.
As a special incentive, the government would also distribute 100 e-bikes for free to top-performing students in various institutions.
Read more: Electricity consumers in Pakistan to pay Rs8.7bn for inactive power plants
To support EV infrastructure, the policy outlines the establishment of charging stations nationwide. Specifically, 40 charging stations would be set up along the motorways, and an additional 300 stations would be positioned along highways and other strategic locations. These charging stations would be crucial for making EVs a viable option for longer-distance travel.
The Electric Vehicle Policy marks a significant step forward for Pakistan's environmental and industrial goals, with plans to make EVs more accessible and convenient. This policy, with its subsidies and incentives, is expected to encourage more Pakistanis to make the shift to electric vehicles, reducing reliance on traditional fuel and supporting a greener future.
