Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb stressed the importance of the timely development and implementation of the New Energy Vehicle (NEV) Policy 2025-30.
The NEV policy aims to address key challenges in the adoption and production of electric vehicles (EVs) and sets ambitious targets for transitioning to clean energy in the transport sector.
Secretary Industries and Production gave a detailed presentation, outlining the current state of the electric vehicle industry. The presentation emphasized policy interventions to ensure smooth adoption of NEVs in line with national priorities.
Discussions focused on overcoming barriers to electric vehicle production and adoption, improving manufacturing processes, addressing infrastructure needs, necessary policy corrections to streamline EV production, addressing supply chain issues, and encouraging private sector investment.
The meeting concluded with a commitment to expedite efforts for the successful implementation of the NEV Policy, paving the way for a cleaner, greener, and more sustainable future for Pakistan.
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