Govt eyes 30% EV target for 2030
The Express Tribune • • 1 min read

Pakistan wants electric vehicles to make up 30% of the market by 2030, according to Express Tribune, which quoted Haroon Akhtar Khan, Adviser to the Prime Minister for Industries and Production. The remark came at talks with an EU delegation, where Khan sought European help in building EV know-how through training and skills programmes. The delegation said it was willing to explore cooperation in this area.
Khan argued that reaching that goal requires a trained workforce, technical skills and a supporting industrial base, not just new vehicles on the road. He noted that several firms have entered the local EV market, which is creating demand for technicians and engineers. Pakistan had lost out in earlier stages of the worldwide car industry's expansion, and Khan said the country cannot let the electric shift pass by.
The government's forthcoming Auto Policy, expected within weeks, will give special weight to EVs, and a Battery Energy Storage System policy is also in progress. Khan added that the shift could cut the nation's oil import bill and open chances for domestic value addition. He directed the Engineering Development Board to engage with the EU delegation and identify practical areas of collaboration.
At a glance
- The government targets 30% EV penetration by 2030, according to Haroon Akhtar Khan.
- The forthcoming Auto Policy is expected within weeks and will put emphasis on EVs.
- The Engineering Development Board was asked to work with the EU delegation.
Originally reported by The Express Tribune
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More PSX market news
China's Transsion Holdings eyes expansion into component manufacturing in PakistanProfit• 13 Nov 2026
Pakistan seeks long-term mineral investment, says Field Marshal Asim MunirProfit• 13 Nov 2026
Wilmar says it never consented to Unity Foods board control, still seeks winding upMettis• 13 Nov 2026
US Treasury chief blames Commerce Dept for failure in Nvidia scandalDawn• 13 Nov 2026
Microsoft outage could generate $700 million in insured losses: KovrrBR• 13 Nov 2026
India's October trade deficit hits one-year high of $39.88 billion as gold imports jumpBR• 13 Nov 2026

