The Prime Minister of Pakistan has initiated a committee focused on promoting local manufacturing of electric vehicles (EVs) to boost the country’s automotive industry. This step is seen as a major stride towards establishing Pakistan as a key player in the global EV market, while also addressing environmental concerns.
The newly formed committee will work on identifying policy frameworks and incentives for investors to establish manufacturing plants and assembly lines in Pakistan. It aims to reduce the dependency on imported EVs, making electric vehicles more accessible to the masses.
Experts believe that this initiative will not only contribute to reducing pollution but also generate employment opportunities and attract foreign investment. By encouraging local production, the government hopes to create a robust ecosystem for EV technology in the country.