Pakistan aims for 30% electric vehicle share by 2030
Pakistan is aiming for a 30% electric vehicle market share by 2030 and is seeking technical cooperation from the European Union. The government plans to introduce a new automotive policy to support this transition and reduce oil import costs.
Why it matters
This shift represents a significant economic and environmental policy change for a developing nation looking to modernize its industrial sector.
--> Pakistan aims to raise the share of electric vehicles to 30% by 2030. This was stated in Islamabad during a meeting with a European Union delegation by Haroon Akhtar Khan, the prime minister’s adviser on industries and production, The Express Tribune reports .
According to the adviser, the transition to electric transport requires not only the introduction of new vehicles, but also qualified workers, technical expertise and the development of an industrial ecosystem. He appealed to the EU for cooperation in developing skills for the electric vehicle sector, technical training and capacity building.
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