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 155,777.21
362.16M
-0.86%
-1354.88
ALLSHR 92,994.52
618.17M
-0.61%
-572.34
KSE30 47,890.76
137.48M
-0.85%
-412.22
KMI30 220,015.06
115.60M
-0.35%
-783.45
KMIALLSHR 59,910.72
260.41M
-0.13%
-77.81
BKTi 45,388.60
42.55M
-1.74%
-804.48
OGTi 30,631.34
29.10M
1.45%
438.24
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 73,075.00 73,600.00
72,390.00
-370.00
-0.50%
BRENT CRUDE 83.53 83.62
82.13
2.13
2.62%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-17.10
-14.68%
ROTTERDAM COAL MONTHLY 121.50 124.00
121.25
-6.50
-5.08%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 77.01 77.06
75.56
2.35
3.15%
SUGAR #11 WORLD 13.71 14.07
13.70
-0.22
-1.58%

Chart of the Day


Latest News
March 05, 2026 at 06:17 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


March 04, 2026 at 11:18 PM GMT+05:00

QatarEnergy halts LNG, declares force majeure


March 04, 2026 at 04:31 PM GMT+05:00

SBP raises around Rs582bn through T-Bills


March 04, 2026 at 03:25 PM GMT+05:00

PKR edges up against USD



Top 5 things to watch in this week

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