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Friday, November 22, 2024  
19 Jumada Al-Awwal 1446  

Govt to establish 10,000 EV charging stations by 2030

Rana Tanveer Hussain announces a major initiative during his press conference
Photo via Reuters
Photo via Reuters

The Federal Minister for Industries and Production, Rana Tanveer Hussain, announced a major initiative to set up 10,000 electric vehicle (EV) charging stations across Pakistan by 2030.

This ambitious plan aims to reduce dependence on fuel imports, decrease carbon emissions, and promote sustainable transportation.

During a press conference at an exhibition organized by the Engineering Development Board, Hussain highlighted that 31 companies have shown interest in investing in Pakistan’s EV sector, with two already receiving licenses to manufacture electric vehicles.

He reaffirmed the government’s commitment to supporting the EV industry, including the launch of a second EV policy by the end of November.

In addition to this, the Punjab government is working on introducing electric two- and three-wheelers, offering subsidies to encourage their adoption. For electric motorcycles, Rs4 billion has been allocated to stimulate growth in this area.

As part of its educational initiatives, the government plans to provide 100 electric bikes to students based on merit through a transparent bidding process, aligning with Prime Minister Shehbaz Sharif’s vision of a cleaner and greener Pakistan.

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The minister emphasized the vital role of the private sector in fostering growth within the EV industry, predicting that local manufacturing will begin soon.

With ongoing governmental support and private sector involvement, Pakistan is poised for a sustainable future in electric mobility.

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charging station

EV

Pakistani government

Federal Minister