Govt to set up 10,000 EV charging stations by 2030

November 07, 2024 (MLN): The government plans to transform the transportation landscape by setting up 10,000 electric vehicle (EV) charging stations by 2030, Rana Tanveer Hussain, Minister for Industries and Production on Wenesday unveiled.

Addressing an "exhibition of electric bike models" organized by the Engineering Development Board (EDB), he emphasized the government’s commitment to reducing fuel dependency, cutting carbon emissions, and promoting cleaner, sustainable transportation.

With growing private sector interest and government-backed incentives, this push toward electric mobility is poised to significantly benefit both the economy and the environment.

The ministers said around 31 companies have expressed interest in investing in electric vehicles in Pakistan while 2 companies were granted permission to manufacture eclectic vehicle.

He said "Pakistan is now in a position to export three-wheelers". The minister highlighted the some key initiative to promote the electric vehicles across the country.

He said that manufacturing activities will soon begin by private companies, boosting the industry. He said that the government would launched the second electric vehicle policy by November 30 to further promote eco-friendly transportation.

He further remarked that Punjab government was also working on two and three-wheeler electric vehicles.

The minister also announced that 100 students will receive electric bikes based on merit through a bidding process conducted in a transparent and fair manner.

The government has earmarked Rs 4 billion for electric motor cycle. He said, private sector plays a vital role in Pakistan's economic development, with the country's economy moving towards improvement, he noted.

This shift towards eco-friendly transportation is expected to have a positive impact on Pakistan's environment and economy. With the government's support and private sector investment, the country is poised for a greener future.

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