Pakistan Becomes World’s Second Developing Country To Introduce Electric Vehicle Policy

Pakistan is the second country in the world which introduced electric vehicles in their country as a  cheaper and environmentally beneficial way of transport. Amin Aslam, Prime Minister’s Adviser on Climate Change has revealed the news.

In an inner ministerial meeting on EV policy, Aslam set the records straight about the EV policy being rejected by the Engineering Development Board of the Ministry of Industries and Production. He said that the news was false and added the earlier draft which was approved by the federal cabinet was final. There are not going to be any alterations.

However, the draft will be revised according to the concerns of Pakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM).

Aslam highlighted the benefits of the EV policy saying, ” There are many opportunities for Pakistan under the EV industry as it would help reduce the import of oil and help save around $1 billion whereas 70% air pollution would be curtailed through EVs. The transport sector is consuming most of the fossil fuels being imported and generating a major chunk of air pollution.”

The incentive packages are to be approved by Economic Coordination Committee (ECC) since they are under consideration.

Talking about the local businesses, he said, ” The policy has the vision to promote ‘Made in Pakistan’ EVs where indigenous production can be promoted to make the country an exporting hub of EVs in the region.” He added, “Today’s meeting has decided to give incentives to two and three-wheeler (automobiles) comprising of rickshaws, motorcycles and buses whereas the automobile manufacturers are raising concerns over four-wheeler cars. We have given them 15 days to submit their output to be incorporated in to the policy.”

He referenced Indian policies as an example to attract more investors in the market for this new initiative.

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