Pakistan to unveil Rs100bn EV policy today

Rs100 billion will be allocated in subsidies and imposing levy on ICE vehicles to support transition

By Israr Khan
June 19, 2025
Electric wires are plugged into electric cars in this undated image. — APP/File
Electric wires are plugged into electric cars in this undated image. — APP/File

ISLAMABAD: The federal government will unveil its National Electric Vehicle (NEV) Policy 2025-30 on Thursday (today), setting the country on a bold path toward clean mobility, energy efficiency and industrial self-reliance.

Special Assistant to the Prime Minister Haroon Akhtar Khan will announce the policy, which earmarks over Rs100 billion in subsidies and introduces a new levy on internal combustion engine (ICE) vehicles to fund the transition.

The policy launches with a Rs9 billion allocation in FY2025-26 to support 116,053 e-bikes and 3,171 e-rickshaws via a fully digital platform. A 25pc quota will ensure female riders benefit from the program, part of a broader push to make electric mobility inclusive and affordable.

The NEV Policy targets 30pc electric vehicle sales by 2030, aiming to reduce 4.5 million tons of CO emissions, save US$1 billion in fuel imports annually, and tap into Pakistan’s 126 TWh surplus electricity. It also strengthens local EV production through tariff protections, targeting 90pc localization in 2-3 wheelers by 2026.