Pakistan has rolled out new regulations to accelerate the growth of electric vehicle (EV) charging stations and the broader EV industry, with backing from the Special Investment Facilitation Council (SIFC), officials confirmed on Sunday.
The government has set an ambitious target of having 30% of the country’s vehicles powered by electricity by 2030, a move expected to drive infrastructure expansion, including EV manufacturing, motorcycle production, and the development of charging networks.
In a major incentive for the sector, Prime Minister Shehbaz Sharif announced a 44% reduction in electricity rates for EV charging stations, a measure aimed at attracting investment.
To further facilitate growth, authorities have introduced a fifteen-day fast-track registration process for charging stations, a step expected to draw both local and international investors.
As part of its broader vision, Pakistan also plans to transition ten million motorcycles to electric, a shift projected to save $6 billion annually by curbing fuel imports.
Officials highlight that increased EV adoption will not only boost domestic manufacturing but also help cut carbon emissions and improve environmental conditions.
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The development of EV infrastructure represents a key milestone in Pakistan’s clean energy transition, with policymakers counting on its long-term economic and environmental advantages.