Pakistan aims to shift 30% of vehicles to electric by 2030

ISLAMABAD: Pakistan has announced plans to transition at least 30% of its vehicles to electric power by 2030, with significant government support to develop the necessary infrastructure.

To promote the electric vehicle (EV) industry, the country is implementing new regulations for the first time, facilitating the establishment of EV charging stations with the backing of the Special Investment Facilitation Council (SIFC). The initiative aims to reduce carbon emissions, boost local manufacturing, and cut fuel imports.

As part of the plan, the government will develop EV infrastructure, including manufacturing electric cars and motorcycles, and expanding charging networks.

Prime Minister Shehbaz Sharif has also approved a 44% reduction in electricity rates for EV charging stations to encourage adoption. Additionally, a streamlined 15-day registration process for charging stations will make investment easier for both local and foreign businesses.

A key aspect of this initiative is the conversion of 10 million motorcycles to EVs, which is expected to save the country $6 billion annually. The shift to electric power will not only support the local industry but also help preserve foreign exchange reserves.

The Senate has also been briefed on the government’s commitment to promoting EVs as a way to reduce environmental pollution and dependency on imported fuel. Minister for Law Azam Nazeer Tarar informed the House that 30 electric buses have already been imported from China and stationed at the Jinnah Convention Center in Islamabad, where advanced charging facilities are available.

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