The Pakistani government has officially launched its ambitious National Electric Vehicle (NEV) Policy 2025-30, marking a pivotal step towards a cleaner, more sustainable, and affordable transportation future. Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production, hailed the policy as a transformative move for industrial, environmental, and energy reforms nationwide.

A cornerstone of this policy is the target for 30% of all new vehicles sold in Pakistan to be electric by 2030. This significant transition is projected to yield substantial benefits for the country. It is expected to save an impressive 2.07 billion liters of fuel annually, translating to nearly $1 billion in foreign exchange savings. Furthermore, the policy aims to reduce carbon emissions by a staggering 4.5 million tons and cut health-related costs by an estimated $405 million per year.

To kick-start this green revolution, the government has allocated an initial subsidy of Rs 9 billion for the fiscal year 2025-26. This allocation will facilitate the adoption of 116,053 electric bikes and 3,171 electric rickshaws, accelerating the shift towards electric mobility from the ground up.