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

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 170,884.59
165.82M
1.09%
1841.39
ALLSHR 103,297.23
574.85M
1.03%
1052.60
KSE30 50,883.00
85.37M
1.16%
585.22
KMI30 243,139.25
70.59M
1.05%
2522.69
KMIALLSHR 66,979.22
287.59M
0.99%
655.18
BKTi 47,642.11
15.25M
1.66%
776.54
OGTi 35,136.50
9.94M
0.68%
237.09
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 80,500.00 81,990.00
80,440.00
-830.00
-1.02%
BRENT CRUDE 103.37 105.00
101.92
-1.45
-1.38%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
5.00
4.00%
ROTTERDAM COAL MONTHLY 138.50 0.00
0.00
-0.15
-0.11%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 95.47 98.01
94.83
-1.76
-1.81%
SUGAR #11 WORLD 18.28 18.51
18.21
-0.04
-0.22%

Chart of the Day


Latest News
September 20, 2026 at 12:43 AM GMT+05:00

SECP disposes of 98% of adjudication caseload


September 19, 2026 at 09:06 PM GMT+05:00

SE Fruits IPO: Can Rs1.2bn Turn Into a 137% Growth Story?


September 19, 2026 at 12:26 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


September 19, 2026 at 09:05 AM GMT+05:00

Weekly Market Roundup


September 19, 2026 at 08:25 AM GMT+05:00

Petrol price cut by Rs1.65, HSD by Rs0.88 per litre



Top 5 things to watch in this week

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