Pakistani government is gearing up to launch its long-awaited Electric Vehicle (EV) policy by the end of November. The policy aims to promote the adoption of EVs in the country and reduce reliance on fossil fuels.
Minister for Industries and Production, Rana Tanveer Hussain, announced that the government is committed to supporting the EV sector and has allocated $4 billion for this purpose. This funding will be used to provide subsidies for electric two-wheelers, making them more affordable for consumers.
Pakistan has already seen progress in the EV sector, with local manufacturers producing electric two- and three-wheelers. Some of these three-wheelers are even being exported internationally.
The government plans to establish a robust charging infrastructure to support the growing number of EVs. This includes setting up 40 charging stations along motorways and an additional 300 charging stations at key locations across the country.
By promoting the adoption of EVs, the government aims to reduce air pollution, conserve energy, and create new job opportunities in the EV industry.
