Pakistan to save $2 billion by switching to electric vehicles

Fawad Chaudhry, Minister of Science and Technology, and the Chief Operating Officer of Bus Hailing Service have signed the MoU on Tuesday in Islamabad.

Amin Aslam, Advisor to the PM on Climate Change was recently seen talking to media where he mentioned that Pakistan is switching to electric vehicles and it is estimated that this way, the country will save $2 billion in fuel expenses.

The advisor further added that the cabinet committee has finally approved the policy for electric vehicles for Pakistan.

According to him, when electric vehicles would be incorporated, Pakistan will save billions of dollars in exporting the fuel and needless to say, it will also benefit in making the environment danger-free.

It was additionally revealed that as mentioned in the policy, new factories for electric vehicles to be created.

New MoU signed:

As reported by officials yesterday, the federal government has made an agreement and signed an MoU (Memorandum of Understanding) with a private ride-hailing amenity in order to introduce electric motorbikes and rickshaws in Pakistan.

As stated by Radio Pakistan, Fawad Chaudhry, Minister of Science and Technology, and the Chief Operating Officer of Bus Hailing Service have signed the MoU on Tuesday in Islamabad.
 Under the memorandum of understanding, new electric battery-powered buses will be introduced, and $12 billion will be spent in order to expand the bus service across the country.

A meeting was held at the federal cabinet on November 4th, where the policy of electric motor means of transport had been approved.

Electric automobiles are approved by the cabinet now. Ministries of Commerce and Production

have been ordered by Imran Khan, Prime Minister of Pakistan, to guide the federal government in policy implementation.

What are your views on this? Share with us in the comments bar below.

  • Its a good effort welldone fawad bahi if only bikes and rikshaws convert on electric it will saves billion of dollers

  • how will the electricity used to charge the bus be produced?(using petrol or solar) if petrol no use imo


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