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

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 167,193.44
366.12M
0.88%
1456.68
ALLSHR 101,164.95
815.04M
0.80%
806.11
KSE30 49,320.68
134.37M
0.99%
482.30
KMI30 238,958.16
110.19M
0.84%
2000.56
KMIALLSHR 65,336.06
481.98M
0.82%
528.42
BKTi 46,284.55
24.74M
0.99%
454.81
OGTi 33,773.06
6.87M
0.71%
237.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,365.00 79,875.00
76,260.00
-3380.00
-4.19%
BRENT CRUDE 112.15 114.07
111.03
-2.73
-2.38%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
-1.55
-1.19%
ROTTERDAM COAL MONTHLY 145.70 145.70
145.60
-0.15
-0.10%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 103.32 104.99
102.43
1.32
1.29%
SUGAR #11 WORLD 19.52 19.80
19.34
0.18
0.93%

Chart of the Day


Latest News
October 30, 2026 at 06:10 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


October 30, 2026 at 12:02 AM GMT+05:00

Diesel price rises by Rs0.85/litre, petrol unchanged


October 29, 2026 at 11:57 PM GMT+05:00

SBP reserves rise $33m to $21.5bn


October 29, 2026 at 11:43 PM GMT+05:00

SCRA balance falls Rs115m to Rs38bn in week ended Oct 23


October 29, 2026 at 09:02 PM GMT+05:00

Banks to extend Saturday hours for tax payments



Top 5 things to watch in this week

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