Govt issues licences to 57 electric vehicle manufacturers

Pakistan Feb, 5 2025
Govt issues licences to 57 electric vehicle manufacturers
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ISLAMABAD: Government has granted licences to 57 manufacturers of electric vehicles (EVs), marking a significant step in the government’s plan to transition to green transport solutions and combat climate change.

The move aligns with Pakistan’s broader goal of achieving a cleaner, more sustainable transportation system. The government’s National Electric Vehicles Policy (NEVP), approved in 2019, sets ambitious targets for the EV sector. By 2030, the policy aims for electric vehicles to account for 30% of all passenger vehicle and heavy-duty truck sales, with an even more ambitious target of 90% by 2040. The policy also sets targets for two- and three-wheelers, as well as buses, aiming for 50% of new sales to be electric by 2030 and 90% by 2040.

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