Pakistan launches EV policy with tax breaks and infrastructure plans to cut emissions by 2030.

Pakistan's government has launched a policy to promote electric vehicles (EVs) from 2025-2030, aiming to reduce carbon emissions and foster green technology. The NEV Policy includes tax breaks, lower import duties on EV parts, and green financing to encourage local manufacturing. It plans to build charging stations and set standards for battery recycling. However, automakers worry that high EV costs may limit benefits to wealthier consumers.

November 12, 2024
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