ISLAMABAD -- Adviser to the Prime Minister on Climate Change Malik Amin Aslam Monday said Pakistan had become the second developing country in the world after India to introduce electric vehicle (EV) policy in the region.
He made these remarks addressing a press conference here after the second inter-ministerial committee on EV policy.
The adviser had refuted the news of EV policy being rejected by the Engineering Development Board (EDB) of Ministry of Industries and Production (MoIP).
He said there was no new policy to be drafted again by the ministry rather the earlier draft approved by the federal cabinet would be revised with further amendments redressing the concerns of the representatives of Pakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM).
'We want to implement the policy approved by the federal cabinet owing to its huge benefits and increasing competition."
Amin Aslam said there were four main benefits of EV policy as EVs would run over 70 percent less cost than its fuel-based counterpart.
'There are many opportunities for Pakistan under EV industry as it would help reduce import oil bill and help save around US$1 billion whereas 70 percent air pollution would curtailed through electricity run automobiles. The transport sector is consuming most of the fossil fuel being imported and generating major chunk of air pollution,' he added.
The adviser said the federal cabinet had approved the draft of the EV policy however, meetings...