Electric Vehicle  Ecosystem Steadily Gaining Momentum

Report by Engineering Post

Pakistan’s Electric Vehicle (EV) ecosystem  was steadily gaining  momentum  under the Automotive  Industry Development and Export Policy 2021-26.

According to the updated information, as many as 57 manufacturers have been granted licences for producing  electric two and three wheelers,  supported  by fiscal incentives,  tax exemptions, and reduced charging tariffs aligned  with the Federal Government’s “Clean Green Pakistan” and “Make in Pakistan”  initiatives.

During July-March FY 2025, 13 new manufacturing  certificates had been issued, and production of  EV 2/3 wheelers reached  32923  units, raising the total production since FY 2023 to reach 76979 units.

In a further boost  to the sector, Chinese EV  giant BYD, in partnership with Mega Motors, was all set to establish an EV assembly in Karachi by 2026, targeting  annual sales of  100,000 electric vehicles by 2020.

These developments duly highlight  Pakistan’s growing commitment  to a greener and more sustainable automotive future.