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14:17 Jun 14, 2025
Prime Minister Shehbaz Sharif on Saturday ordered that the National Electric Vehicles (NEV) Policy 2025 be finalised in consultation with all stakeholders and immediately presented before the federal cabinet. The NEV policy includes a subsidy of Rs50,000 for electric motorcycles and Rs200,000 for rickshaws, with a total subsidy allocation of Rs4 billion. In addition, the policy provides for subsidies and support to establish electric vehicle (EV) infrastructure, such as charging stations. The PM issued these orders while chairing a high-level meeting today to review and discuss the policy framework. “[Pakistan needs] swift and priority-based measures to promote electric motorcycles, scooters, three-wheelers, cars, and buses,” PM Shehbaz emphasised. He also underscored the importance of establishing charging infrastructure, including charging stations and battery swapping facilities, to support the expansion of the EV ecosystem. “Relevant industries should be facilitated to enhance the local manufacturing ca...