In a bid to accelerate the adoption of electric vehicles (EVs) and promote local manufacturing, Prime Minister of Pakistan has announced the formation of a committee to develop strategies for enhancing the EV sector. This committee will explore ways to incentivize local production, reduce dependency on imported EV components, and make EVs more affordable for Pakistani consumers.
The decision aligns with Pakistan’s vision to reduce its carbon footprint and shift towards sustainable transportation options. The committee will be tasked with formulating policies that encourage investment in the EV sector, facilitate the transfer of technology, and address challenges such as infrastructure and charging stations.
Industry experts believe that this move could position Pakistan as a regional hub for EV manufacturing, given the country’s large automotive market and skilled workforce. The government aims to attract both local and foreign investors, enabling the production of cost-effective electric vehicles within the country.
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