EV revolution: 10,000 charging stations to be set up by 2030
11-11-2024
Islamabad: The Pakistani government has announced an ambitious plan to establish 10,000 electric vehicle (EV) charging stations by 2030 as part of its commitment to sustainable and eco-friendly transportation. This announcement was made by the Minister for Industries and Production, Rana Tanveer Hussain, at the “Exhibition of Electric Bike Models” organized by the Engineering Development Board (EDB). During his address, the minister highlighted the government’s goal to reduce fuel dependency, lower carbon emissions, and promote the use of cleaner, more sustainable transportation across the country. He emphasized that this initiative would not only address environmental concerns but also create significant business opportunities and strengthen the country’s green economy. Read: Govt greenlights motorway EV charging network, plans for affordable EV financing As part of this shift toward electric mobility, the government is offering a range of incentives to attract private sector investments. Minister Hussain revealed that 31 companies have already shown interest in entering the electric vehicle market in Pakistan, with two companies granted permission to manufacture EVs locally. The government’s plans also include the introduction of a second electric vehicle policy by November 30 to further promote the use of electric vehicles and incentivize both consumers and manufacturers. Additionally, the Punjab government is working on the development of two- and three-wheeler electric vehicles to complement the nationwide push for electric mobility. The minister also mentioned that the government had allocated Rs. 4 billion for the promotion of electric motorcycles. As part of the initiative, 100 students will be awarded electric bikes based on merit through a transparent bidding process. Read: NOC for commercial buildings tied with EV charging stations in Lahore Rana Tanveer Hussain also stated that Pakistan is now in a position to export electric three-wheelers, signaling the potential for the country to become a significant player in the regional EV market. The government’s proactive approach and collaboration with private sector players are expected to play a pivotal role in accelerating the adoption of electric vehicles in the country. This move to establish 10,000 charging stations by 2030 is expected to significantly reduce Pakistan’s carbon footprint, improve air quality, and foster a greener, more sustainable future for transportation in the country.