Islamabad: The federal government today launched the National Electric Vehicle Policy 2025-30, marking a significant step toward transforming Pakistan’s industrial, environmental, and energy sectors. Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, announced the policy at a news conference, highlighting its alignment with the Prime Minister’s vision for clean, sustainable, and affordable transportation that encourages local industry and environmental protection.

According to Radio Pakistan, the new policy aims to ensure that 30% of all new vehicles sold in Pakistan by 2030 are electric. This transition is anticipated to save 2.07 billion liters of fuel annually, resulting in nearly one billion dollars in foreign exchange savings. The policy is also expected to reduce carbon emissions by 4.5 million tons and lower healthcare-related costs by 405 million dollars per year.

Haroon Akhtar revealed an initial subsidy allocation of 9 billion rupees for the upcoming financial year, facilitating 116,053 electric bikes and 3,171 electric rickshaws. A fully digital platform has been introduced to manage transparent online application, verification, and subsidy disbursement processes.

The policy includes the installation of 40 new EV charging stations along motorways, with an average spacing of 105 kilometers. It also introduces battery swapping systems, vehicle-to-grid (V2G) schemes, and mandates the integration of EV charging points in new building codes to support urban adoption.

Incentives will be provided to domestic producers to encourage local manufacturing, with over 90% of parts for two- and three-wheelers already produced locally. The government will introduce special support packages for small and medium enterprises (SMEs) to enhance localization efforts.

Haroon Akhtar expressed confidence that the policy would be embraced across Pakistan, as it represents a transformative change for the nation’s economy, environment, and industrial development.