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 185,098.83
381.92M
2.01%
3642.50
ALLSHR 111,509.35
956.25M
2.13%
2327.02
KSE30 56,737.75
167.91M
2.00%
1112.07
KMI30 260,872.72
165.83M
2.57%
6529.72
KMIALLSHR 71,488.31
461.39M
2.50%
1744.73
BKTi 53,691.60
50.03M
1.27%
672.83
OGTi 38,672.45
45.54M
4.90%
1805.03
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 95,660.00 96,060.00
94,395.00
305.00
0.32%
BRENT CRUDE 64.20 64.77
63.44
0.44
0.69%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-1.95
-2.20%
ROTTERDAM COAL MONTHLY 97.90 98.10
97.70
0.55
0.57%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 59.22 60.05
58.81
0.14
0.24%
SUGAR #11 WORLD 14.99 15.00
14.60
0.42
2.88%

Chart of the Day


Latest News
January 17, 2026 at 03:28 PM GMT+05:00

BML to close books for reduction of shares


January 17, 2026 at 02:20 PM GMT+05:00

SBP launches implementation of WE-Finance Code


January 16, 2026 at 07:03 PM GMT+05:00

Auto financing in Pakistan rises to Rs319bn in December


January 16, 2026 at 05:07 PM GMT+05:00

Is Pakistan entering a once in a generation moment?


January 16, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: Bulls Keep the Flame Alive



Top 5 things to watch in this week

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