PR No. 205

The Core Objective of the New Energy Vehicle (NEV) Policy 2030 is to Reduce Pakistan’s Oil Imports and Promote Eco-Friendly Energy

Quetta: June 25, 2025

A workshop was organized jointly by the Federal Ministry of Industries and Production and the Provincial Department of Industries on Pakistan’s New Energy Vehicle (NEV) Policy 2025–30.

While addressing the workshop, Federal Additional Secretary for Industries and Production, Mr. Asif Saeed Lughmani, stated that the core objective of the NEV policy is to reduce Pakistan’s oil imports and shift focus toward environmentally friendly energy sources. He emphasized that not only is excessive oil consumption polluting Pakistan’s atmosphere, but it is also costing the national exchequer heavily.

He highlighted that climate change is impacting the entire world, and Pakistan is among the countries most adversely affected by natural environmental changes. To mitigate these damages, the Government of Pakistan is working towards implementing the NEV Policy 2030 across all provinces through strong provincial cooperation.

Mr. Lughmani, following special directives from Prime Minister Shehbaz Sharif, is visiting all provinces to ensure national consensus on the policy. He added that the government is encouraging private sector participation in the energy policy. In this regard, 61 licenses have already been issued for establishing local industries.

He noted that 90% of the production from these industries will be local. Through the NEV program, skilled manpower will be developed through localized training, and more than 15,000 job opportunities will be created for local communities.

Under the NEV Policy 2030, the government will provide subsidies of Rs. 65,000 for two-wheelers, Rs. 400,000 for three-wheelers, and Rs. 150,000 for four-wheelers. The State Bank of Pakistan will also offer financial reforms to support green auto financing.

Registration of these vehicles will be free, and toll taxes will be significantly reduced. Under Vision 2030 and beyond, the government aims for 30% of all vehicles in Pakistan to be New Energy Vehicles. To support this goal, 3,000 charging stations will be established nationwide, resulting in savings of one billion dollars and two billion liters of fuel.

Earlier, Mr. Muhammad Khalid Sarparah, Provincial Secretary for Industries, welcomed the guests and appreciated the federal government’s NEV Policy 2030. He affirmed that the Government of Balochistan will fully support its implementation to ensure that the people of Balochistan benefit from this initiative.

Also present at the occasion were Secretary Transport Mr. Hayat Kakar, officers from the Excise and Taxation Department, and other relevant departments.

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