Pakistan anticipates early achievement of 30% EV sales target due to rising oil prices

Pakistan expects to achieve its target of 30% electric vehicle EV sales by 2030 earlier than planned.
Petrol prices rose 54% and diesel 43% since the Middle East conflict began, making EVs more attractive.
Electric motorcycle and scooter sales tripled, while electric car sales doubled compared with last year.
Pakistan is preparing a new auto policy with possible tax benefits to make EVs cheaper for buyers.

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Newer