Government Approves New Automotive Policy to Promote Electric Vehicles

ISLAMABAD: Prime Minister’s advisor on industry and production, Haroon Akhtar Khan, announced that the Prime Minister has approved the final draft of the automotive industry policy, which emphasizes the promotion of electric vehicles. This significant policy shift aims to modernize Pakistan’s automotive sector and align it with global trends.

During a press briefing, Khan highlighted that the new policy will be presented to the federal cabinet for further deliberation and approval. He stated, “The promotion of electric vehicles is one of the key priorities of the new automotive policy, reflecting our commitment to sustainable development and reducing carbon emissions in the country.”

This policy is expected to have far-reaching implications for the automotive industry in Pakistan, potentially boosting local manufacturing and attracting foreign investment. It also aims to enhance consumer choice and reduce reliance on fossil fuels, which is crucial for addressing environmental concerns.

Looking ahead, the federal cabinet is scheduled to discuss the policy in its upcoming meeting, where further details and implementation strategies will be outlined. Stakeholders in the automotive sector are keenly awaiting the cabinet’s decision, which could pave the way for a greener future in Pakistan’s transportation landscape.