Electric Vehicle policy ratified by ECC

The Economic Coordination Committee (ECC) has ratified the Electric Vehicle policy for four wheelers in Pakistan.

This was revealed by the Minister for Industries & Production Hammad Azhar via his twitter account. He said “Today, ECC ratified the Electric Vehicle policy for 4 wheelers. It will prove instrumental in rationalizing costs of purchasing, manufacturing & promoting use of electric vehicles in Pakistan….” The minister further said that the EV policy would be revealed within the next 2-3 weeks which would also address the issues of the automobile industry.

The EV policy is another step in the right direction to minimize the effects of climate change on the country. Transportation is a significant contributor to climate change, responsible for 24% of direct CO2 emissions from fuel combustion globally. Pakistan already ranks 8th on Germanwatch’s Long-Term Climate Risk Index. Experts of the field suggest that rising temperatures and erratic rainfall could threaten Pakistan’s ability to sustain agricultural and livestock production and increase vulnerability of energy production from hydropower plants, and affect the availability of fresh drinking water to major urban areas.