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 177,166.52
410.56M
0.33%
574.76
ALLSHR 107,641.65
676.88M
0.48%
519.21
KSE30 52,670.80
88.28M
0.39%
203.40
KMI30 251,460.53
103.06M
0.76%
1891.30
KMIALLSHR 69,413.38
509.62M
0.79%
544.65
BKTi 49,984.79
26.85M
-0.30%
-151.57
OGTi 36,423.05
16.04M
1.47%
527.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,540.00 78,915.00
76,745.00
360.00
0.47%
BRENT CRUDE 93.60 94.83
92.74
-0.18
-0.19%
RICHARDS BAY COAL MONTHLY 110.30 110.50
110.30
0.05
0.05%
ROTTERDAM COAL MONTHLY 125.25 125.25
125.25
1.50
1.21%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 86.64 87.51
85.80
-0.19
-0.22%
SUGAR #11 WORLD 17.60 17.89
17.16
0.08
0.46%

Chart of the Day


Latest News
August 22, 2026 at 11:55 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 22, 2026 at 12:49 AM GMT+05:00

Weekly Market Roundup


August 21, 2026 at 11:45 PM GMT+05:00

Petrol price rises Rs3.81, diesel up Rs3.59


August 21, 2026 at 11:29 PM GMT+05:00

GEPCO privatization heats up with 11 EOIs



Top 5 things to watch in this week

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