As part of the global efforts to reduce climate change, the government of Pakistan has formulated an Electric Vehicle (EV) Policy to expedite the conversion of the transport sector from conventional fuel power to electric power.
Under the new policy, a number of incentives on duties and taxes have been offered to automakers to aid them in the setting up of their manufacturing and assembly plants in Pakistan.
The goal of the policy is to have at least 30 percent of all of the vehicles in Pakistan based on an electric powertrain by 2030.
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The policy has not just been designed to benefit the automakers. A report by SAMAA News revealed that the purchase of an EV City car similar to the Suzuki Alto for around Rs. 1.2 million will be possible under the duties and tax regime that has been made to complement the EV policy.
This statement was made by the CEO of EV Technologies Consultant, Shaukat Qureshi, a representative of the SZS Group, the company that is assembling electric buses for Pakistan as the joint venture with POF Wah.
He added that the switching of cars to electric power will reduce carbon emissions to result in a positive climate change and to lower the import of dollar bills.
Qureshi remarked that a recent study by his company showed that a motorcyclist switching to an EV motorbike will be able to save Rs. 4,000 on fuel. Likewise, the user of an electric car user can save up to Rs. 25,000, and the EV commercial transportation companies can save between Rs. 600,000 and Rs. 900,000 every month.
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Although Qureshi’s claims seem attractive, they come across as overenthusiastic. Even international markets in the USA, the UK, and Europe are struggling to reduce the development costs of EVs. In such regions, the cheapest EVs with developed charging infrastructure and automotive market cost upwards of $20,000 or Rs. 3.2 million.
It is possible that the costs may be reduced but there is no benefit of buying a low-priced EV of poor quality. Based on expert opinion, given the current situation of the global EV industry, pricing an EV at Rs. 1.2 million is exorbitant.
Unable to produce sufficient electricity for homes and they are planning for the EV…..Just Absurd
MAIN TO KAFI TIME SE KEH RAHA HO
FLOOP PROJECT HAI PAKISTAN K LIYE LEKIN YE CHAY AWAM NAHI SAMJHTI BAD MAIN YAHI MILLION KI CAR YE LOG CHAND LACK MAIN SALE KARENGE DEKH LENA
Please remember there is fuel left for 25 to 30 years, and it will get expensive with each passing year. Our gas reserves will end in 2030. So what will you guys do, get back donkey carts. EV policy is in the right direction. It will be a win win situation for the countries have sufficient EV infrastructure
I watched the interview and was utterly surprised by the guest. I don’t know if he’s giving advice to the government than God knows what will happen. According to his statistics, 60kms per day usage of an average Pakistani , we should rather focus on plug in hybrids and also conversion of current vehicles to plug un hybrids technology
This project needs to be paid extra attention, we can overcome our electricity problems insha’Allah, EV is the future and we can help save the environment for our childrens… And one day we can manufacture our own EV cars and make solar charging station for it, hence saving alot from foreign fuel imports. Government should make sure the EV cars are imported with minimum duty initially to promote EV market later on encourage and support the local car manufacturing industry to make EV cars only.
With the installation of these plants in Pakistan, EV technology will become cheaper from time to time… But we have to take this step now as this is important to finish the monopoly of big three car mafia..
Who will control auto manufacturers and prices cos this mafia cannot be controlled.