BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
Pakistan

Govt turns attention on electric motorcycles to launch EV policy

The purpose of the meeting was to discuss and devise an Electric Vehicle Policy. The ministry for climate chan
Published April 7, 2020 Updated April 7, 2020 09:58am
  • The purpose of the meeting was to discuss and devise an Electric Vehicle Policy.
  • The ministry for climate change was of the view that shifting to e-motorcycles was easier as compared to four-wheelers for the middle class

To smoothen the launch of the Electric Vehicle (EV) policy in Pakistan, an inter-ministerial meeting has decided that the focus of electric vehicles should be initiated with two-wheelers and three-wheelers.

As per details, a meeting was conducted in the chairmanship of the Adviser to Prime Minister for Commerce, Investment and Industries and Production Abdul Razak Dawood. Federal Minister for Science and Technology and Advisers to Prime Minister on Climate Change and Institutional Reforms and Austerity also attended the meeting.

The purpose of the meeting was to discuss and devise an Electric Vehicle Policy. The ministry for climate change was of the view that shifting to e-motorcycles was easier as compared to four-wheelers for the middle class and can provide an environmentally friendly alternative to a large number of motorcycles, motorcycle rickshaws and auto-rickshaws emitting pollution in the country.

Chairing the meeting, Advisor to the Prime Minister, Razak Dawood advocated a fair and transparent policy, which is beneficial for consumers and investors alike.

Dawood supported the idea that existing policies in the automobile sector have to be allowed to function as well because the continuation of policy is important for building the confidence of investors.

Adviser on Industries and Production said that the policy was the need of the hour, particularly because of its impact on the environment, but its success would depend on promoting local production and assembly while ensuring the safety standards.

Dawood added that a comprehensive EV Policy would be designed in consultation with stakeholders, as a part of the government's existing effort to attract investment in the auto sector of Pakistan.

Comments

Comments are closed for this article.