Electrifying shift in Pakistan's auto market: Aim to sell 30% electric vehicles by 2030
Modernizing Pakistan's Transportation: A Fresh Look at the National Electric Vehicle Policy 2025-2030
By Jane Doe
Pakistan's transportation landscape is set for a transformation with the announcement of the National Electric Vehicle (NEV) Policy 2025-2030. This policy aims to revolutionize the way Pakistanis commute, promising savings, sustainability, and a more eco-friendly Pakistan.
At a recent press conference in Islamabad, the Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, emphasized the importance of this policy, stating, "This policy is a game-changer for our economy, environment, and industrial landscape."
Taking it to the Road
The policy focuses on expanding the use of electric vehicles (EVs) nationwide, with a particular goal of having 30% of all new vehicles sold as electric by 2030. This includes various types of vehicles,from regular cars to electric bikes and rickshaws.
For the 2025-26 fiscal year, an impressive Rs9 billion has been allocated specifically for the purchase of electric bikes and rickshaws. This investment is expected to facilitate the acquisition of nearly 116,000 electric bikes and 3,100 electric rickshaws.
In addition to these initiatives, the policy sets its sights on electric cars, aiming to make them a common sight on Pakistani roads.
Charging Ahead
To facilitate the increased use of EVs, the policy also includes plans for installing 40 new EV charging stations along major highways. These charging stations are anticipated to be located roughly every 100 km, ensuring EV owners have the necessary support for reliable and efficient travel.
A Greener Pakistan
Transportation currently contributes heavily to Pakistan's carbon emissions, with reports from the United Nations Trade and Development indicating a 44% increase in transport emissions between 2013 and 2018. This transition to EVs is expected to help decarbonize Pakistan's transportation sector significantly, benefiting the environment and public health.
The policy also promises substantial economic benefits. By reducing reliance on imported fossil fuels, this change will help Pakistan achieve greater economic stability. Additionally, local production and innovation in the EV sector will create job opportunities, supporting the country's industrial sector.
Haroon Akhtar Khan has stated that "Incentives are being provided to domestic producers" to encourage local manufacturing, with over 90% of parts for two- and three-wheelers already being manufactured locally. Special support packages for small and medium enterprises are also being introduced to boost localization further.
With an estimated savings of nearly 2 billion litres of fuel and up to Rs 800 billion over the next 25 years, this policy seems poised to bring about a brighter, more sustainable future for Pakistan.
Jane Doe is a contributing writer for Gulf News
So, buckle up and get ready to hit the road in style as Pakistan charges forward towards a more eco-friendly future!
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This policy shift toward electric vehicles (EVs) in Pakistan promises to bring considerable changes not only to the transportation sector but also to the environment and economy.
As part of this policy, Rs9 billion has been allocated for the purchase of electric bikes and rickshaws, and 40 new EV charging stations along major highways are planned to support the increased usage of EVs. This transition is expected to help Pakistan significantly decarbonize its transportation sector, leading to a greener environment and improved public health.
