Islamabad: The Pakistani government has authorized the creation of an extensive network of electric vehicle (EV) charging stations along the nation’s motorways and has introduced a new tariff to accelerate the transition to electric mobility. This initiative includes the installation of 40 EV charging stations and is complemented by plans to offer affordable financing for electric two- and three-wheelers.

According to Zameen.Com, the decisions came during a recent review of the draft EV policy by a committee that discussed proposals from the Pakistan Banks Association (PBA) to stimulate local production and increase consumer interest in electric bikes and rickshaws. The PBA chairman suggested financing options at competitive rates, which are expected to make EVs more accessible to the public. The initiative targets a wide coverage, with a charging station planned every 120 kilometers from Peshawar to Karachi, focusing on areas managed by the National Highway Authority (NHA).

Additionally, the National Energy Efficiency and Conservation Authority (Neeca) has set forth regulations to facilitate investment in EV infrastructure, standardizing procedures and promoting vehicle compatibility standards to support the fledgling network. The Parliamentary Secretary for Climate Change noted the potential for utilizing solar power along motorways to support the charging network and reduce operational costs.

Lahore University of Management Sciences (LUMS) provided data indicating that the proposed tariff could make electric sedans an affordable option for consumers within a few years, aligning with the government’s objectives to reduce emissions, bolster local industries, and fulfill international climate obligations.