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Pakistan-made first electric cars will come into the market by December, this year, it was told at a meeting chaired by Prime Minister Shehbaz Sharif in Islamabad on Saturday.
The meeting discussed the country’s E-vehicles policy and the PM directed to finalize it by November after consultations with all the federating units and stakeholders.
The meeting was informed that since 2022, 49 licenses have been issued for the production of two- and three-wheeled electric vehicles at the local level, of which 25 factories have started manufacturing these vehicles.
It was informed that the first license for domestic production of four-wheel electric vehicles was issued in September this year and the first indigenously manufactured electric car will come on the market by December.
The meeting was informed that recharging stations for electric vehicles will be set up on a priority basis.
The PM directed to presentation of a comprehensive financial model and improved licensing regulations regarding the manufacturing of electric vehicles in the country.
Shehbaz Sharif said the government is taking priority steps to promote electric vehicles in the country, noting these vehicles will not only save valuable foreign exchange in terms of import of petrol and diesel but will also be environment-friendly.
The prime minister announced to provision of E-motorbikes to outstanding students of government schools on the pattern of a laptop scheme. Shehbaz Sharif directed the Capital Development Authority to prepare a comprehensive plan for electric-powered public transport in Islamabad.
