ISLAMABAD: The government on Thursday launched the National Electric Vehicle (NEV) Policy 2025-30, describing it as a transformative step in Pakistan’s journey towards industrial growth, environmental protection and energy efficiency.

One of the key targets under the policy is to ensure that electric vehicles account for 30 per cent of all new vehicles sold in the country by 2030.

This transition is projected to save 2.07 billion litres of fuel annually, resulting in nearly $1bn in foreign exchange savings. Additionally, the policy aims to reduce carbon emissions by 4.5 million tonnes and cut healthcare-related costs by $405m each year.

Addressing a news conference, Special Assistant to the Prime Mi­­nister on Industries and Production Haroon Akhtar Khan said the new EV policy is in line with the premier’s vision of promoting clean, sustainable and affordable transport while boosting local industry and protecting the environment.

He emphasised that the transport sector is a major........

© Dawn Business