New Energy Vehicle Policy 2025-2030

Report by Engineering Post

The New Energy Vehicle Policy 2025-2030, which has been formulated by the Engineering Development Board of the Federal Ministry of Industries and Production, aims to transform Pakistan’s transport sector  by promoting  electric and other  new energy  vehicles.

The policy   has  targeted 30 percent  of new vehicle sales  by 2030, approximately 2.2 million vehicles, to comprise  new energy vehicles (NEVs), including  e-bikes, scooters, rickshaws, cars, light commercial vehicles, buses, and trucks..

In order to  support adoption, the policy  offers cost-sharing subsidies  through Pakistan Accelerated Vehicle Electrification (PAVE), viability gap funding, and infrastructure development support,  thereby laying the foundation for a sustainable  low-emission transport ecosystem in the country.