The EDB issued 34 electric vehicle (EV) licenses under the 2020-2025 policy, pushing the transition from fuel to EVs. Asim Ayaz from EDB discussed private EV manufacturing investments at an SDPI webinar. Given the high battery costs, financing challenges for EV buyers were noted. Ayaz proposed adding EV charging at petrol stations.
Pakistan’s EV policy was compared to Malaysia’s, revealing good tariffs but financing gaps. Collaboration with Lahore University of Management Sciences (Lums) aims to boost EV adoption. Dr. Arshad from Lums highlighted global financing for EVs, reducing reliance on the IMF or World Bank. He suggested linking EV goals with emissions reductions to attract funds.
Dr. Arshad stressed the importance of quick action for competitive global climate finance. Shell Global’s extensive EV charging network was mentioned as an example. Midhat Waris discussed Shell’s EV charging ambitions in Pakistan, emphasizing a partnership with K-Electric.
Ahmed Sajeel from Deewan Motors BMW noted Japanese carmakers’ resistance to EVs. He praised the Ministry of Climate Change’s support for EVs and called for a long-term regulatory framework. Infrastructure and local manufacturing were deemed crucial for EV adoption.
Dr. Aazir Anwar Khan discussed EVs’ potential benefits for the middle class and the environment. He advocated for an immediate shift to EVs, citing positive outlooks for Pakistan’s transition.
 issues 34 licenses for electric vehicle manufacturing, marking a significant step in the country's transition from fuel-powered to electric vehicles.){kind=link}