Lifecycle
- Effective
- Last change
Country / jurisdiction: Pakistan · Year: 2019 · Status: In force · Level: National · Type: Voluntary
The National Electric Vehicle Policy aims to transition 30% of all new vehicles — imported and locally manufactured — in Pakistan to electric power by 2030 and 90% of New Sales by 2040.
The Policy also describes the different incentives for the following transport options: incentives for New Cars; incentives for Two and Three Wheelers/ Low Speed Electric Cars; incentives for Buses; incentives for Trucks; incentives for Setting up EV Manufacturing Units; incentives for EV Components and Modules Manufacturing; incentives for Charging Infrastructure and Battery Swapping Stations.
These incentives may consist of tax rates exemptions/reduction and interest rates reduction on loans for manufacturers.
Official source: https://mocc.gov.pk/SiteImage/Policy/EV%20Policy%20Final.pdf
Source
https://www.iea.org/policies/26024Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.