BR100 Increased By (0.2%)
BR30 Increased By (0.41%)
KSE100 Increased By (0.07%)
KSE30 Increased By (0.23%)
AGHA 7.75 Decreased By ▼ -0.17 (-2.15%)
BECO 5.19 Decreased By ▼ -0.01 (-0.19%)
BML 58.66 Decreased By ▼ -0.59 (-1%)
BOP 33.69 Increased By ▲ 0.01 (0.03%)
CNERGY 10.61 Increased By ▲ 0.80 (8.15%)
CSIL 5.30 Decreased By ▼ -0.12 (-2.21%)
FCCL 53.74 Increased By ▲ 0.22 (0.41%)
FFL 16.46 Decreased By ▼ -0.22 (-1.32%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.28 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.64 Increased By ▲ 0.03 (0.53%)
LOTCHEM 29.65 Increased By ▲ 0.54 (1.86%)
MLCF 96.36 Increased By ▲ 0.86 (0.9%)
NBP 203.53 Decreased By ▼ -0.82 (-0.4%)
NCPL 56.85 Decreased By ▼ -1.39 (-2.39%)
NPL 67.31 Decreased By ▼ -0.48 (-0.71%)
OGDC 318.22 Increased By ▲ 0.28 (0.09%)
PACE 10.63 Decreased By ▼ -0.08 (-0.75%)
PAEL 41.77 Decreased By ▼ -0.06 (-0.14%)
PIBTL 16.81 Increased By ▲ 0.31 (1.88%)
PPL 220.17 Increased By ▲ 0.43 (0.2%)
PRL 49.05 Increased By ▲ 4.46 (10%)
PTC 70.01 Decreased By ▼ -0.76 (-1.07%)
SSGC 29.14 Increased By ▲ 0.21 (0.73%)
TBL 9.77 Decreased By ▼ -0.07 (-0.71%)
TELE 8.82 Increased By ▲ 0.06 (0.68%)
TPL 17.17 Increased By ▲ 0.72 (4.38%)
TPLP 12.51 Increased By ▲ 0.41 (3.39%)
TREET 22.59 Decreased By ▼ -0.21 (-0.92%)
TRG 60.22 Increased By ▲ 0.19 (0.32%)
Markets

PM Shehbaz launches New Energy Vehicle Policy

Published Updated
LIVE: PM Shehbaz addresses participants at inauguration ceremony of New Energy Vehicle Policy

Prime Minister Shehbaz Sharif on Tuesday inaugurated Pakistan’s New Energy Vehicle Policy 2025, describing it as a step toward cleaner transport and climate resilience.

Addressing the ceremony, the premier credited the Ministry of Industries for formulating the policy, and praised the efforts of Haroon Akhtar Khan, Special Assistant to Prime Minister on Industries & Production, and Rana Tanveer Hussain, Minister of Industries and Production.

“I have been part of the meetings and I’d like to really appreciate the hard work done by Haroon Akhtar, Secretary Industry, and of course, other relevant institutions in the federal government, as well as in the provincial governments here,” he noted.

He also acknowledged the support of the British government in advancing Pakistan’s electric vehicle (EV) framework.

The prime minister emphasised that Pakistan was among the countries worst hit by Climate Change, despite having a negligible contribution to global greenhouse gas emissions.

Pakistan launches National Electric Vehicle Policy 2025-30

He recalled the devastation of the 2022 floods and said this year alone, more than 700 Pakistanis, including children, had lost their lives to extreme weather events.

“The Western world must provide hand-holding and material support,” the PM stressed, warning that without international assistance, Pakistan would remain trapped in further borrowing to cope with climate disasters.

PM distributes e-scooters among students

The prime minister also distributed e-scooters to hundreds of top-performing students, emphasising that the allocation was based solely on merit. He announced a 10 per cent higher quota for Balochistan and confirmed that 100,000 laptops would soon be given to high achievers nationwide.

The premier also urged expanding the programme’s funding from the current Rs9 billion to Rs90 billion in the next fiscal year, saying it would help millions of students commute to schools, colleges, and universities while reducing carbon emissions.

“This policy will not only empower our youth but also play a role in combating climate change,” Sharif said.

Comments

Comments are closed for this article.