In a recent meeting in Islamabad, Prime Minister Shehbaz Sharif announced a significant new initiative aimed at promoting electric vehicles (EVs) across Pakistan. The Prime Minister has set a deadline of November to finalize the country’s E-Vehicles policy, following consultations with various federating units and stakeholders.
During the meeting, PM Sharif emphasized the need for a robust financial model and improvements in licensing regulations for EV manufacturing.
He highlighted the government’s commitment to advancing electric vehicle technology, noting that it would help reduce the country’s reliance on imported petrol and diesel while also contributing to environmental sustainability.
A standout announcement was the introduction of a new scheme to provide E-motorbikes to outstanding students from government schools. This initiative, modeled after the successful laptop distribution program, aims to incentivize academic excellence while promoting the adoption of green technology.
The Prime Minister also directed the Capital Development Authority (CDA) to develop a detailed plan for integrating electric-powered public transport in Islamabad. This move is part of a broader strategy to enhance the city’s transportation infrastructure and reduce its carbon footprint.
The meeting revealed that since 2022, Pakistan has issued forty-nine licenses for the production of two and three-wheeled electric vehicles. Out of these, twenty-five factories have commenced manufacturing.
Furthermore, the first license for domestic production of four-wheeled electric vehicles was issued in September, with the first locally produced electric car expected to hit the market by December.
To support the growing number of electric vehicles, the government has prioritized setting up recharging stations. These facilities are essential for the widespread adoption of electric vehicles and will be established as soon as possible.
