Quetta: A workshop spearheaded by the Federal Ministry of Industries and Production, alongside the Provincial Department of Industries, highlighted the New Energy Vehicle (NEV) Policy 2025-30 as a strategic move to reduce Pakistan’s oil imports and promote sustainable energy practices.

Federal Additional Secretary for Industries and Production, Mr. Asif Saeed Lughmani, outlined the core objective of the NEV policy at the event, emphasizing the significant financial and environmental toll of excessive oil consumption on the nation. He underscored the pressing impact of climate change, noting Pakistan’s vulnerability to environmental disruptions and the necessity of the policy’s implementation across provinces with provincial collaboration.

Mr. Lughmani’s nationwide tour, following directives from Prime Minister Shehbaz Sharif, seeks to build a national consensus on the policy and stimulate private sector involvement. The government has already issued 61 licenses to foster local industry development, with an impressive 90% of production expected to be local. The policy is poised to create over 15,000 jobs and foster skill development through targeted training programs.

The NEV Policy 2030 outlines financial incentives, including subsidies for various vehicle types and support from the State Bank of Pakistan for green auto financing. Registration of NEVs will be free, and toll taxes reduced, aiming for 30% NEV penetration by 2030. Additionally, the establishment of 3,000 charging stations is projected to save one billion dollars and conserve two billion liters of fuel.

Provincial Secretary for Industries, Mr. Muhammad Khalid Sarparah, expressed full support for the policy’s implementation in Balochistan, ensuring local communities benefit from the initiative. The workshop also saw participation from key officials, including Secretary Transport Mr. Hayat Kakar and officers from relevant departments.