Tag: electric vehicles

FBR Imposes Green Levy to Promote Electric Vehicle Adoption

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electric-vehicles

ISLAMABAD: In a move to promote electric vehicles (EVs) and reduce reliance on fossil fuels, the Federal Board of Revenue (FBR) has introduced a new Energy Vehicle Adoption Levy on all locally manufactured, assembled, and imported internal combustion engine (ICE) vehicles. The FBR’s notification, issued under the First Schedule of the Finance Act, outlines a tiered ad valorem levy structure designed to favour environmentally friendly vehicles over conventional fuel-powered ones. The measure is part of a broader push to accelerate the shift toward low-emission, energy-efficient transportation. Under the new regime,…

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PM Shehbaz Unveils Inclusive Strategy to Boost Electric Vehicle Adoption Across Pakistan

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electrical-vehicles

ISLAMABAD, July 19: Prime Minister Shehbaz Sharif has directed the formulation of a comprehensive, government-led strategy to make electric vehicles (EVs) more accessible to the general public, aiming to reduce fuel import bills, protect the environment, and stimulate the local industry. Chairing a high-level meeting in Islamabad, PM Shehbaz highlighted the long-term benefits of transitioning to EVs and announced targeted initiatives to promote electric mobility nationwide. Among the key measures is the distribution of free electric bikes to top-performing intermediate students across all educational boards, including a 25% reserved quota…

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Shocking Truth: Pakistan’s Electric Vehicle Goals May Be Unrealistic”

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electrical-vehicles

Renowned automobile expert Sunil Sarfraz Munj, co-founder of PakWheels, has expressed skepticism about Pakistan’s ability to achieve its target of electric vehicles (EVs) making up 30% of the total vehicle market. In a recent podcast, Munj cited the lingering electricity crisis in many parts of the country as a major obstacle. He emphasized that EVs are not a viable option for long-haul travel globally, due to the lack of charging facilities. Munj noted that while EVs are suitable for urban areas with accessible charging stations, their adoption in Pakistan is…

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Norway Leads the EV Revolution: 90% of New Cars Sold in 2024 Fully Electric

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electric-vehicles

OSLO: Nearly nine out of ten new cars sold in Norway in 2024 were fully electric, according to registration data released on Thursday. This achievement brings the country closer to its ambitious goal of exclusively selling electric cars by 2025. Fully electric vehicles (EVs) accounted for 88.9% of new car sales, up from 82.4% in 2023, as reported by the Norwegian Road Federation (OFV). Tesla led the market, followed by Volkswagen and Toyota, while Chinese EVs captured nearly 10% of new car sales. “Norway is on the verge of erasing…

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