New EV Policy: Pakistan to Manufacture Electric Rickshaws
It has been announced by the Advisor to the Prime Minister on Climate Change, Amin Aslam, that under the new policy, electric Rickshaws and motorcycle factories will be soon set up in Pakistan.
Moreover, he shared that the country will save approximately $2 billion in fuel once it shifts to electric vehicles (EV). The first electric vehicle policy of Pakistan has also been formally approved by the cabinet.
The aim of this venture is to launch electric battery-powered buses in Pakistan with a Rs.12 billion investment within the sector.