Govt introduces policy to transition 30% vehicles to electric by 2030

News Image

MG News | November 21, 2024 at 09:50 AM GMT+05:00

0:00

November 21, 2024 (MLN): The government on Wednesday announced the New Energy Vehicle (NEV) policy aimed at transitioning 30% of all new vehicles in Pakistan to electric by 2030.

Minister for Communications Abdul Aleem Khan while addressing the ''Transport and Digital Middle Corridor and Beyond" session at COP29 in Baku said that Pakistan aims to convert 30% of its vehicles to electric by 2030.

He said work has already begun to promote EVs in Pakistan.

Aleem Khan added that work is also being done to provide charging stations and other necessities for electric vehicles, said a press release.

The minister said the first fleet of biomethane hybrid buses in Karachi would save 100% of fuel and that there is an option for a public-private partnership for the National Green Transport Project.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,115.82
431.76M
-1.03%
-1778.46
ALLSHR 102,630.82
1,022.40M
-0.72%
-743.98
KSE30 51,478.54
123.81M
-1.23%
-641.56
KMI30 245,731.79
184.52M
-1.22%
-3035.83
KMIALLSHR 66,650.32
595.11M
-0.81%
-541.20
BKTi 47,279.59
41.00M
-1.38%
-660.98
OGTi 35,704.94
10.73M
-1.65%
-598.06
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 80,390.00 80,730.00
79,370.00
45.00
0.06%
BRENT CRUDE 100.25 102.92
99.55
0.19
0.19%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-3.30
-2.91%
ROTTERDAM COAL MONTHLY 107.10 107.75
106.20
2.10
2.00%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 94.68 98.64
93.82
-0.13
-0.14%
SUGAR #11 WORLD 14.69 14.75
14.46
0.15
1.03%

Chart of the Day


Latest News
May 10, 2026 at 12:34 AM GMT+05:00

Weekly Market Roundup


May 09, 2026 at 04:22 PM GMT+05:00

PSX launches new "Apparel" sector


May 09, 2026 at 12:00 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


May 09, 2026 at 12:48 AM GMT+05:00

Pakistan receives $731m external financing in March



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg