Pakistan’s new EV (NEV) policy, which aims for 30% of vehicles sold to be electric by 2030, with strong support for charging infrastructure:
Key Targets & Timelines
30% of all vehicles — including passenger cars, motorcycles, rickshaws, buses, and trucks — are set to be electric by 2030. Longer-term goals include 90% EV sales by 2040 and 100% fleet electrification by 2060.
Infrastructure for Charging and Business Incentives
By 2030, there will be 3,000 charging stations throughout Pakistan, including 40 along the Peshawar–Karachi motorway. Charging station electricity prices will be reduced by around 44%, and setup permits will be expedited (15-day approvals). Corporate incentives: tax exemptions and green loans for station operators; consumer rebates: PKR 50,000 for e-bikes, PKR 200,000 for e-rickshaws; toll & registration fee waivers.
Local Manufacturing & Industry Support
The proposal includes a low GST of 1% on locally made EVs and slashes customs charges to 1% for EV parts and charging equipment. 55 for two‑ and three‑wheelers, and 2 for four‑wheel assembly. Plans to convert 3,000 idle CNG stations into EV charging hubs in major cities.
Economic & Environmental Rationale
A potential $6 billion annual saving in fuel import costs from electrifying 10 million small vehicles (motorcycles/rickshaws). EV growth supports local industry, reduces smog, boosts electricity demand (reducing capacity payments), and aligns with climate goals.
Obstacles & Industry Issues
Auto industry concern: The Pakistan Automotive Manufacturers Association (PAMA) is concerned that local OEMs and their supplier networks may suffer as a result of the increase in low-duty EV imports (CBUs).
Infrastructure readiness: Heavy reliance on electric grid stability and utility coordination to prevent bottlenecks .
After-sales & registration issues: EVs present novel registration, tax, and servicing hurdles that still need systemic resolution.
The Significance of It
With incentives, low rates, and infrastructure to boost EV adoption, Pakistan’s NEV policy represents a clear move towards sustainable mobility, supported by both economic and environmental benefits. But strengthening manufacturing, expanding charging networks, and defending the interests of home industry are all critical to its success.
