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Govt plans incentives for new entrants in electric vehicle push July 30, 2021 ISLAMABAD: Pakistan is set to offer fresh incentives to firms planning investments in electric vehicles (EVs) production in the country in its new auto policy due next year, a government said on Thursday. The country’s efforts to promote EVs to reduce its oil dependence and cut pollution have been stymied so far by a lack of investment and weak demand. A new policy, however, has been under discussion to provide a more focused approach and incentives for carmakers and suppliers over a five-year period to drive large investment in the sector. Shaukat Tarin, finance minister underscored the importance of EVs and affirmed to provide incentives for developing EV market in Pakistan including EV charging infrastructure. ....
AIDEP aims at expansion of auto industry: Tarin dunyanews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dunyanews.tv Daily Mail and Mail on Sunday newspapers.