The Ministry of Climate Change has developed Pakistan's first National Electric Vehicle Policy (2019) under the instructions of Prime Minister. The Policy proposes an incentivized and phased approach for achieving the penetration targets for Electric Vehicles in three phases – market Contact online >>
The Ministry of Climate Change has developed Pakistan''s first National Electric Vehicle Policy (2019) under the instructions of Prime Minister. The Policy proposes an incentivized and phased approach for achieving the penetration targets for Electric Vehicles in three phases – market
Minister for Industries and Production, Rana Tanveer Hussain revealed the government''s plan to transform Pakistan''s transportation landscape by setting up 10,000 electric vehicle (EV) charging stations by 2030.
The short-term forecast for EV charging development in Pakistan shows promising growth. Analysts predict a significant increase in the number of EV charging stations within the next few years. The demand for level 2 EV chargers and level 3 fast chargers will rise, driven by the increasing adoption of electric vehicles.
Pakistan approved an ambitious National Electric Vehicles Policy (NEVP) in November, with targets and incentives aimed at seeing electric vehicles capture 30% of all the passenger vehicle and heavy-duty truck sales by 2030, and 90% by 2040.
While recognizing the multiple economic, environmental and social benefits of electric mobility, Government of Pakistan introduced its first ever National Electric Vehicle Policy (NEVP) for various vehicular segments in 2020. Globally, EV growth has mainly been driven by four factors; purchase cost of an EV, driving range,
Minister for Industries and Production, Rana Tanveer Hussain revealed the government''s plan to transform Pakistan’s transportation landscape by setting up 10,000 electric vehicle (EV) charging stations by 2030.
Addressing an "Exhibition of Electric Bike Models" organized by the Engineering Development Board (EDB), he emphasized the government''s commitment to reducing fuel dependency, cutting carbon emissions, and promoting cleaner, sustainable transportation.
He noted, "Pakistan is now in a position to export three-wheelers." The minister outlined several key initiatives to promote electric vehicles nationwide, adding that manufacturing activities by private companies would soon commence, strengthening the industry.
The government is set to launch a second electric vehicle policy by November 30 to further promote eco-friendly transportation. Additionally, the Punjab government is working on developing two- and three-wheeler electric vehicles.
The minister also announced that 100 students would receive electric bikes based on merit, through a transparent bidding process. The government has allocated Rs. 4 billion for electric motorcycles.
This shift towards sustainable transportation is expected to positively impact Pakistan''s environment and economy, with government support and private sector investment paving the way for a greener future.
Pakistan approved an ambitious National Electric Vehicles Policy (NEVP) in November, with targets and incentives aimed at seeing electric vehicles capture 30% of all the passenger vehicle and heavy-duty truck sales by 2030, and 90% by 2040. It sets even more ambitious goals for two- and three-wheelers and buses; 50% of new sales by 2030 and 90% by 2040.
You might well wonder why the Government of Pakistan would propose an electric vehicle policy at a moment when the inflation rate has just reached 12.7%, the rupee is down almost 50% against the dollar, and the government is scrambling to cover a balance-of-payments deficit. This doesn''t seem like the best time to be importing Teslas!
The answer might be that the government is betting that an EV policy could not only further its climate goals and help with the dangerous air pollution problem in the cities, but also has the potential to breathe new life into Pakistan’s economy.
It’s also noteworthy that India and China have both adopted national EV plans and made significant investments in the sector as part of their efforts to improve air quality, reduce climate impact, and capture a share in the emerging EV market. Pakistan’s NEVP is not occurring in a vacuum.
The EV industry has the potential to contribute significantly to the economy by saving precious foreign exchange, creating thousands of jobs, and enabling related to industries to grow as technology transfers occur. EVs can also help improve urban air quality, reduce noise pollution, and significantly reduce the health costs associated with pollution in urban areas. However, consistent policy support and a reliable grid are prerequisites for this transformation.
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