Islamabad: A step towards an environmentally friendly future, a target of 30% electric vehicle usage by 2030 has been set, for which steps have been taken with the support of SIFC.
According to details, efforts to establish EV units and charging infrastructure have been intensified with the participation of foreign companies to promote the electric vehicle industry, which is in line with the limits set by the new National Electric Vehicle Policy.
Chinese companies are leading the expansion of the electric vehicle market, Changan, MG and Aima have announced plans to launch EVs in Pakistan, in which a private investment of $ 250 million is being made with the support of SIFC.
Nishat Group’s automobile division has announced the introduction of EVs with South Korea’s Hyundai, Energy Minister Owais Leghari has indicated the establishment of charging stations for electric vehicles, motorcycles and rickshaws.