ISLAMABAD: The government of Pakistan is set to unveil its second electric vehicle (EV) policy by the end of November, aiming to establish 10,000 electric vehicle (EV) charging stations across the country by 2030.
The Federal Minister for Industries and Production, Rana Tanveer Hussain, announced the ambitious plan organized by the Engineering Development Board at an exhibition showcasing electric bike models.
Speaking on the occasion, Industries Minister Rana Tanveer Hussain emphasized the government’s resolve to reduce reliance on fossil fuels and cut down on carbon emissions. “This initiative will help transform Pakistan into a regional hub for electric mobility,” he stated.
Tanveer Hussain further said that a total of 31 companies have shown interest in investing in Pakistan’s EV sector, with two firms already receiving licenses for local manufacturing of electric vehicles.
The Industries Minister also hailed the Punjab government for pursuing initiatives to introduce electric two- and three-wheelers, offering subsidies to encourage their adoption.
Moreover, he announced that the government has planned to provide 100 electric bikes to students based on merit, and for that Rs4 billion has been allocated.