AIRLINK 69.20 Decreased By ▼ -3.86 (-5.28%)
BOP 4.90 Decreased By ▼ -0.19 (-3.73%)
CNERGY 4.26 Decreased By ▼ -0.11 (-2.52%)
DFML 31.25 Decreased By ▼ -1.20 (-3.7%)
DGKC 77.25 Increased By ▲ 1.76 (2.33%)
FCCL 20.00 Increased By ▲ 0.48 (2.46%)
FFBL 35.00 Decreased By ▼ -1.15 (-3.18%)
FFL 9.12 Decreased By ▼ -0.10 (-1.08%)
GGL 9.80 Decreased By ▼ -0.05 (-0.51%)
HBL 112.76 Decreased By ▼ -3.94 (-3.38%)
HUBC 133.04 Increased By ▲ 0.35 (0.26%)
HUMNL 6.95 Decreased By ▼ -0.15 (-2.11%)
KEL 4.23 Decreased By ▼ -0.18 (-4.08%)
KOSM 4.25 Decreased By ▼ -0.15 (-3.41%)
MLCF 36.60 Increased By ▲ 0.40 (1.1%)
OGDC 132.87 Decreased By ▼ -0.63 (-0.47%)
PAEL 22.64 Increased By ▲ 0.04 (0.18%)
PIAA 24.20 Decreased By ▼ -1.81 (-6.96%)
PIBTL 6.46 Decreased By ▼ -0.09 (-1.37%)
PPL 116.30 Increased By ▲ 0.99 (0.86%)
PRL 25.90 Decreased By ▼ -0.73 (-2.74%)
PTC 13.08 Decreased By ▼ -1.02 (-7.23%)
SEARL 52.00 Decreased By ▼ -1.45 (-2.71%)
SNGP 67.60 Increased By ▲ 0.35 (0.52%)
SSGC 10.54 Decreased By ▼ -0.16 (-1.5%)
TELE 8.28 Decreased By ▼ -0.14 (-1.66%)
TPLP 10.80 Increased By ▲ 0.05 (0.47%)
TRG 59.29 Decreased By ▼ -4.58 (-7.17%)
UNITY 25.13 Increased By ▲ 0.01 (0.04%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,409 Decreased By -52.4 (-0.7%)
BR30 24,036 Decreased By -134.9 (-0.56%)
KSE100 70,667 Decreased By -435.6 (-0.61%)
KSE30 23,224 Decreased By -170.8 (-0.73%)
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
  • 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.