News Business
Loading the player...
Pakistan unveils plan to shift 30% of transport to electric vehicles by 2030
Pakistan has unveiled a plan to transition 30 percent of the country’s transport to electric vehicles (EVs) by 2030, as announced by Minister for Industries and Production, Rana Tanveer Hussain, on Wednesday.
Speaking at a press conference, the minister emphasized the government’s commitment to promoting an environmentally friendly transportation system.
He detailed that the initiative includes transitioning two-wheelers, three-wheelers, and four-wheelers to EVs, aiming to mitigate the environmental impact of traditional fuel-based transportation.
Rana Tanveer Hussain highlighted that this shift is also intended to ease the financial strain of import bills tied to fossil fuel consumption.
He noted that the global demand for electric vehicles is rising due to their numerous benefits and cost advantages, making this transition a timely and essential move for Pakistan.
The minister further praised Prime Minister Shehbaz Sharif’s dedication To addressing air pollution and reducing dependency on oil imports through a comprehensive new electric vehicle policy for 2025-2030.
He shared that the Prime Minister has directed policymakers to focus on offering incentives and ensuring affordable prices for consumers to encourage widespread adoption of EVs.
Speaking at a press conference, the minister emphasized the government’s commitment to promoting an environmentally friendly transportation system.
He detailed that the initiative includes transitioning two-wheelers, three-wheelers, and four-wheelers to EVs, aiming to mitigate the environmental impact of traditional fuel-based transportation.
Rana Tanveer Hussain highlighted that this shift is also intended to ease the financial strain of import bills tied to fossil fuel consumption.
He noted that the global demand for electric vehicles is rising due to their numerous benefits and cost advantages, making this transition a timely and essential move for Pakistan.
The minister further praised Prime Minister Shehbaz Sharif’s dedication To addressing air pollution and reducing dependency on oil imports through a comprehensive new electric vehicle policy for 2025-2030.
He shared that the Prime Minister has directed policymakers to focus on offering incentives and ensuring affordable prices for consumers to encourage widespread adoption of EVs.
Recent
- 0:59 PM Shehbaz Sharif welcomes World Bank-Pakistan 10-year partnership
- 1:18 The faltering economy is recovering,Maryam Nawaz.mp4
- 1:17 Pakistan's economy is getting back on its feet Prime Minister.
- 1:33 Prime Minister inaugurates Uraan Pakistan program, a historic project for the country's econom
- 1:13 Major progress in trade between Pakistan and Saudi Arabia
- 1:31 Pakistan, Kenya agree to strengthen trade ties.mp4
Related
- 1:57 Banks to fund electric vehicles, efficient homes and SMEs
- 3:52 London photographer unveils pictures of 'hijabistas'
- 1:44 $25 Billion IT Export Goal: Prime Minister Unveils Detailed Strategy
- 1:38 Pakistan, Bangladesh open doors to new business opportunities after two decades, Pakistan-Bangladesh trade revitalised after 20 years , cargo ship from Pakistan has docked in Bangladesh.
- 1:42 ECC approves Rs25bn plan to transform FBR
- 2:40 Anxiety builds ahead of Malaysia Air restructuring plan
Featured
- 1:13 Major progress in trade between Pakistan and Saudi Arabia
- 1:15 Current account surplus reaching $729 million is welcome for the economy, says Prime Minister.mp4
- 1:14 Pakistan's Exports Witness Increase
- 1:05 Islamic finance, capital markets road to macroeconomic stability: Finance Minister
- 1:11 Looking at Pakistan as a model for Islamic banking, Ibrahim Khalifa Al Khalifa
- 1:32 Pakistan ready to take the lead in Shariah-compliant financing, says SECP chief
- 1:31 KSE-100 crosses 99,000 for first time in PSX history
- 2:16 Delay in Gwadar airport’s commercialisation criticised
- 1:55 Sweden points out investment barriers in Pakistan
- 2:05 FBR official rewarded for pre-empting tax fraud