MoCC mulling over incentives for four-wheelers under National EV Policy

News Image

MG News | August 24, 2020 at 09:47 AM GMT+05:00

0:00

August 24, 2020: Ministry of Climate Change is mulling over incentives for four-wheelers under National Electric Vehicle Policy which would be announced soon.

Talking to APP, Special Assistant on Climate Change Malik Amin Aslam said the ministry has drafted the National Electric Vehicle Policy with the broad aim of getting the Electric Vehicles introduced in the country in a phased manner in order to address the issue of climate change and air pollution.

Amin Aslam said the draft policy would provide net benefits in the range of 2.2 billion dollars to 3.7 billion dollars as net saving in oil import bill to the country in the next ten years.

He said the target of the Policy is to ensure a 30 percent conversion of fuel-based vehicular transport over electric vehicles by 2030.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
KSE100 152,740.38
147.44M
-1.01%
-1551.88
ALLSHR 91,858.47
324.25M
-0.86%
-800.10
KSE30 46,223.61
86.89M
-1.45%
-681.25
KMI30 219,130.92
66.08M
-1.15%
-2553.50
KMIALLSHR 59,625.28
139.61M
-0.93%
-562.17
BKTi 42,104.46
39.09M
-2.02%
-866.56
OGTi 32,077.87
10.13M
-1.27%
-414.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,155.00 71,480.00
69,440.00
-205.00
-0.29%
BRENT CRUDE 109.55 113.11
105.05
0.90
0.83%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-12.60
-11.25%
ROTTERDAM COAL MONTHLY 123.30 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 98.09 98.75
92.47
2.54
2.66%
SUGAR #11 WORLD 15.63 15.72
15.27
0.26
1.69%

Chart of the Day


Latest News
March 21, 2026 at 12:59 AM GMT+05:00

PM keeps petrol prices unchanged


March 20, 2026 at 10:12 PM GMT+05:00

Weekly Market Roundup


March 20, 2026 at 02:24 AM GMT+05:00

Jazz launches 5G services in Pakistan


March 20, 2026 at 01:47 AM GMT+05:00

SBP reserves have increased for the 32nd consecutive week



Top 5 things to watch in this week

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