ISLAMABAD:
The government has started seeking feedback on the New Energy Vehicle (NEV) Policy 2025-30, which is a key step towards implementation of the draft policy termed not just an environmental commitment but also an economic imperative.
Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan addressed a dissemination and feedback workshop on Pakistan’s NEV Policy 2025-30, where he highlighted it as a milestone in the country’s journey towards a cleaner, greener and more sustainable transport future.
He stated that the NEV Policy was a vital component of Prime Minister Shehbaz Sharif’s vision to ensure that 30% of all new vehicle sales were electric by 2030. He emphasised that the policy was not just an environmental commitment but also an economic imperative.
He noted that implementation of the NEV Policy could reduce up to 4.5 million tonnes of carbon dioxide emissions, save $1 billion in annual oil imports and help avoid Rs405 billion in health-related costs. Moreover, the policy will enable productive use of 126 terawatt hours (TWh) of surplus electricity, which would otherwise go to waste.
To encourage EV adoption, the government is offering consumer subsidies including Rs65,000 for electric two-wheelers, Rs400,000 for electric three-wheelers and Rs15,000 per kilowatt-hour for electric four-wheelers.
Additionally, 40 fast charging stations are expected to become operational on highways by the end of 2025, improving infrastructure for EV users. Haroon Akhtar announced that provinces were being encouraged to offer free NEV registration to support nationwide adoption.
He emphasised the policy’s role in promoting industrial growth and local manufacturing, noting that 57 local manufacturing certificates had been issued and over 90% localisation for electric motorcycles and rickshaws had already been achieved.
International players are showing growing interest in Pakistan’s NEV sector, which Akhtar described as a positive signal for foreign investment and technology transfer.
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