Minister for Industries and Production Rana Tanveer Hussain on Wednesday unveiled the government plan to transform transportation landscape by setting up 10,000 electric vehicle (EV) charging stations by 2030.
Addressing an exhibition of electric bike models organized by the Engineering Development Board (EDB), he emphasized the government’s commitment to reducing fuel dependency, cutting carbon emissions, and promoting cleaner, sustainable transportation.
With the growing private sector interest and government-backed incentives, this push toward electric mobility is poised to significantly benefit both the economy and the environment.
The Minister said around 31 companies have expressed interest in investing in electric vehicles (EVs) in Pakistan while two companies were granted permission to manufacture eclectic vehicle.
He said Pakistan is now in a position to export three-wheelers. The Minister highlighted some key initiative to promote the electric vehicles across the country.
He said manufacturing activities will soon begin by private companies, boosting the industry.
He said the government would launched the second electric vehicle policy by November 30 to further promote eco-friendly transportation. He said the Punjab government was also working on two and three-wheeler electric vehicles.
Rana Tanveer Hussain also announced that 100 students will receive electric bikes based on merit through a bidding process conducted in a transparent and fair manner. The government has earmarked Rs4-billion for electric motor cycle.
He said private sector plays a vital role in Pakistan’s economic development, with the country’s economy moving towards improvement.
He said this shift towards eco-friendly transportation is expected to have a positive impact on Pakistan’s environment and economy. He said with the government’s support and private sector investment, the country is poised for a greener future.