Pakistan Announces New National Electric Vehicle Policy, Aims for 30% EV Usage by 2030
Islamabad:Pakistan has officially announced its new National Electric Vehicle (EV) Policy, with the aim of promoting the electric vehicle industry in the country. The Special Investment Facilitation Council (SIFC) is actively supporting the government in its efforts to foster this growing sector, with a focus on setting up EV units and charging infrastructure through partnerships with international companies.
According to the new policy, Pakistan aims for 30% of all vehicles on the road to be electric by 2030. In line with this target, the SIFC is collaborating with several Chinese companies, including Changan, MG, and Aima, to expand the electric vehicle market in Pakistan. These companies have announced plans to launch EV units in the country, contributing to the sector’s rapid growth.
To date, the SIFC has successfully secured private investments worth $250 million to promote the electric vehicle industry. In addition, Pakistan’s Nishat Group, in partnership with South Korea’s Hyundai, has announced plans to introduce electric vehicles in the country.
Pakistan’s strategic geographical location is being positioned as a key platform for exporting electric vehicles. Federal Minister for Energy, Owais Laghari, has expressed the government’s commitment to establishing charging stations for electric cars, motorcycles, and rickshaws across the country.
It is worth noting that in November of the previous year, the federal government unveiled the Electric Vehicle Policy 2025-30, which sets a clear roadmap for the transition to a more environmentally-friendly future. With the effective support of SIFC’s policies and foreign investment, Pakistan is steadily advancing towards a green and sustainable future in the automotive sector.
