Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan on Friday said that the government is committed to encouraging local industrialists to invest in Electric Vehicle (EV) technology to foster domestic manufacturing and reduce reliance on imports.
He was chairing a high-Level meeting to discuss EV technology and motorcycle retrofitting with a delegation from COMSATS.
The meeting was attended by Secretary Ministry of Industries and Production Saif Anjum Executive Director COMSATS Nafees Zakaria, and CEO of the Engineering Development Board Khuda Bakhsh Ali.
The SAPM emphasized that EV will bring significant economic and environmental benefits to the country. Citing a Pakistan Bureau of Statistics (PBS) report, he highlighted that 28.7 million motorcycles are currently running on petrol, costing the nation billions of rupees annually.
Transitioning to electric mobility will not only reduce fuel expenses but also align with the Prime Minister’s Vision for a Green Pakistan, which prioritizes eco-friendly technology.