Govt Targets 10,000 EV Charging Stations by 2030
Pakistan’s electric vehicle (EV) sector is progressing rapidly with robust support from the Special Investment Facilitation Council (SIFC), as the government announces plans to set up 10,000 charging stations nationwide by 2030.
Several major milestones have already been achieved, including a 44% reduction in electricity rates for EV charging stations and the allocation of $90 million for the development of charging infrastructure. Chinese manufacturer ADM Group has pledged $250 million to establish an EV manufacturing facility in Pakistan.
According to industry specifications, the next generation of electric vehicles planned for production will offer a range of up to 300 kilometers on a single charge. The government has introduced new regulations for EV charging infrastructure to enhance environmental sustainability.
SIFC’s facilitation has attracted $250 million in private investment for the country’s EV industry so far. The council continues to collaborate with the government to implement the national EV policy, signaling the start of an eco-friendly transportation era in Pakistan.
The transition to electric vehicles is expected to generate substantial savings on fuel imports and reduce carbon emissions, aligning with global environmental goals. The government’s charging infrastructure regulations aim to set standards for the expanding EV ecosystem.
This initiative is part of a broader strategy to develop sustainable transportation options in Pakistan. Officials have noted that reduced electricity rates for charging stations will help make electric vehicles more affordable for consumers.
