PM Shehbaz orders swift finalisation of EV Policy 2025

ISLAMABAD: Prime Minister (PM) Muhammad Shehbaz Sharif has instructed concerned authorities to promptly finalise the Electric Vehicles (EV) Policy 2025, involving all stakeholders, and present it to the federal cabinet without delay.

The prime minister gave these directives during a high-level meeting on Saturday to assess the policy framework for advancing the electric vehicles industry and its adoption in Pakistan

During the meeting, the draft of the Electric Vehicles Policy 2025 was thoroughly discussed. The Prime Minister emphasized the need for swift and priority-based measures to promote electric motorcycles, scooters, three-wheelers, cars, and buses across Pakistan.

PM Shehbaz also underscored the importance of setting up charging infrastructure, including charging stations and battery swapping facilities, to support the expansion of the EV ecosystem.

Furthermore, PM Shehbaz instructed that relevant industries should be facilitated to enhance the local manufacturing capacity of electric two-wheelers and three-wheelers.

The meeting was attended by Federal Ministers Rana Tanveer Hussain, Ahmad Khan Cheema, Muhammad Aurangzeb, Special Assistant Haroon Akhtar, and other senior government officials.

Read More: Electric vehicles’ charging tariff fixed at Rs 23.57/unit

Earlier, the basic tariff of electric vehicle charging stations has been fixed at Rs 23.57 per unit as the federal government’s request has been approved.

The National Electric Power Regulatory Authority (NEPRA) issued a decision approving the federal government’s request, reducing the basic tariff of electric vehicle charging stations by Rs 21.98 per unit.

After the decision, the tariff has been reduced from Rs 45.55 to Rs 23.57 per unit. Meanwhile a request to remove capped margin of Rs 24.44 on vehicle charging stations also approved.

As per the government’s request, the margin has been left to the market, the NEPRA maintained.

It is to be noted here that the federal government had submitted a request to NEPRA for reduction in tariff of charging stations.