Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan Thursday said that under the National Electric Vehicle (NEV) Policy 2025–30, the government wants to ensure that 30 percent of all new vehicles sold in Pakistan by 2030 are electric.
This transition is projected to save 2.07 billion liters of fuel annually, amounting to nearly $1 billion in foreign exchange savings. Additionally, the policy is expected to reduce carbon emissions by 4.5 million tons and cut healthcare-related costs by $405 million per year.
He said that currently, sixty-one licenses issued from manufacturing on motorbikes and three-wheelers while two licenses have been issued for the manufacturing of electric vehicles.