BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
Technology

PM directs fast-tracking of EV adoption across Pakistan

Published Updated
Photo: Reuters
Photo: Reuters

Prime Minister Shehbaz Sharif on Wednesday directed authorities to accelerate efforts to promote electric vehicles (EVs) across Pakistan, stressing that wider adoption would help cut fuel import costs and strengthen energy security.

The prime minister, while chairing a meeting on the promotion of EVs, said that efforts underway to accelerate the promotion of EVs in the country should be further expedited.

During the briefing, the PM was told that a total of 72 manufacturing certificates have been issued for electric motorcycles and rickshaws, while four certificates have been issued for EVs.

Energy vehicles: PHEVs gaining ground as practical solution

It was learned that 123 applications have so far been received for the establishment of EV charging stations.

Moreover, a plan is being developed for 30% of vehicles in the country to run on electricity over the next five years, which is expected to save up to $4.5 billion in fuel costs.

It was said that government employees up to Grade 16 will be provided with electric bikes on easy instalments.

During the meeting, PM said that in view of the current regional situation and future requirements, the promotion of EVs will not only reduce the burden of fuel imports but is also important for environmental protection and energy security.

He said that under the National EV Policy, transparency in subsidies provided for electric motorcycles to low-income individuals must be ensured, and the implementation of this scheme should be further accelerated.

The meeting was attended by Federal Ministers Dr Musadik Malik, Ahsan Iqbal, Muhammad Aurangzeb, Attaullah Tarar, Owais Khan Leghari, Ahad Khan Cheema; Minister of State Bilal Azhar Kayani; Special Assistant to the Prime Minister Haroon Akhtar; Chairman Prime Minister Youth Programme Rana Mashhood Ahmad Khan; Governor State Bank Jameel Ahmad; and other senior officials.

Comments

Comments are closed for this article.