Pakistani company launches first EV charging station in Karachi, aiming to expand nationwide.

HUBCO Green, a Pakistani company, launched its first electric vehicle (EV) charging station in Karachi, aiming to build the country's largest EV charging network across major cities and highways. This move aligns with Pakistan’s National Electric Vehicle Policy, targeting 30% of new vehicle sales to be electric by 2030. The government plans to install 10,000 charging stations by 2030 and has reduced electricity rates for these stations by 44%. Chinese company ADM Group is investing $250 million to set up an EV manufacturing plant in Pakistan. These initiatives aim to cut fuel imports and carbon emissions.

2 months ago
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