ISLAMABAD – The federal government is set to unveil the ambitious National Electric Vehicle (NEV) Policy 2025–30 today (Thursday), marking a major leap toward clean mobility, energy efficiency, and industrial self-reliance.
Announced by Special Assistant to the Prime Minister Haroon Akhtar Khan, the policy outlines over Rs100 billion in subsidies and introduces a new levy on internal combustion engine (ICE) vehicles to help finance the transition to electric mobility.
In its first phase, the policy allocates Rs9 billion in FY2025–26 to support the rollout of 116,053 e-bikes and 3,171 e-rickshaws through a fully digital platform. A 25% quota for female riders has been set to promote inclusivity and affordability.
Key targets of the NEV Policy include:
- Achieving 30% EV sales by 2030
- Reducing 4.5 million tons of CO₂ emissions
- Saving \$1 billion annually in fuel imports
- Utilizing Pakistan’s 126 TWh surplus electricity
The policy also promotes local EV manufacturing with tariff protections and incentives, aiming for 90% localization in two- and three-wheelers by 2026, laying the foundation for a sustainable and self-reliant EV industry in Pakistan.
Story by Israr Khan
