Pakistan's new auto policy awaits IMF review as EV production triples

Pakistan’s 2025-30 auto policy is still awaiting finalisation and will be sent to the IMF for review, Profit by Pakistan Today reported. Officials told a Senate committee that the draft would go to the Finance Ministry before being forwarded to the Fund. Meanwhile, domestic output of electric two- and three-wheelers rose to 210,268 units in FY2025-26, more than three times the 59,756 units recorded a year earlier.

The government’s policy target is for electric and hybrid vehicles to make up 30% of new vehicle sales by 2030, with a goal of 2.223 million vehicles. Committee members raised concerns about charging facilities and skilled workers; officials outlined plans for 3,000 charging stations and a Rs40-per-unit tariff for charging sites, but could not confirm the number of operational public stations. The framework also sets 1% customs duty on specified EV components until June 30, 2027, while locally assembled electric two- and three-wheelers face 1% sales tax.