Stable EV policy, wider charging network crucial

According to The Express Tribune, a policy dialogue hosted by Indus Consortium called for a steady electric vehicle framework and a broader charging network to make electric mobility more affordable across Pakistan. The session, held at the Pakistan Red Crescent on Tuesday evening, brought together officials from ministries, academics, lenders, private firms, development partners and civil society.

Participants discussed how to reach the 2030 targets under the New Energy Vehicle Policy 2025-2030, which aims for 30% electrification of new vehicle sales and a 50% target for two-wheelers, three-wheelers and buses. Liaqat Ali, a board member of Indus Consortium, said Pakistan needs a stable, long-term policy instead of frequent changes so that industry and lenders can plan and invest with confidence. Poonjo Mal Bheel, a member of the Senate Standing Committee on Power, argued that charging and battery-swapping infrastructure should extend beyond highways into cities, homes and rural areas, and that the grid needs upgrading.

Speakers also called for local production of EVs, batteries and components, plus firmer guidelines on battery lifespan and resale worth to help lenders offer affordable EV loans. Speakers asked for closer coordination between ministries, regulators, lenders and industry so policy, grid development and financing advance together toward the 2030 targets.