Rise of new Electric Vehicles
March 10, 2020
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Economical electric vehicles will be introduced in the Pakistani auto sector soon as proclaimed by the Adviser to Prime Minister for Climate Change Malik Amin Aslam, reports APP.
Electric vehicles have been increasingly popular across the world. As all nations are trying to restrain global warming. Pollution is also a major issue of burning fossil fuel in vehicles. This does not happen in electric vehicles. Moreover, Pakistan has a huge import bill of oil every year. The transport sector is so vast in Pakistan and it mainly depends upon Diesel, Petrol and Gas. Thus it contributes in environmental pollution and has an adverse effect. With the introduction of electric vehicles, these problems can be controlled. Other than that it will reduce the transport fares because it is cheaper source as compared to Oil usage. As soon as the new Electric Vehicle (EV) policy gets approved by the Federal Cabinet, there will be an import of large number of electric vehicles in Pakistan. Currently Audi is the first company to order 50 AUDI ETRON model 2020 SUVs for a trial based. All of them are sold out at first launch. It’s simply worth it. Providing as many features as one can believe.
Many other Investors are ready for the EV sector, but they are only waiting for a good definitive policy from the government to ensure that their investment remains safe and beneficial in the sector.
According to Malik Amin Aslam, incentives will be provided in the new EV policy for the sector in order to attract investment.
If the policy is attractive, we can also expect some foreign direct investment that can boost the overall economy as well. Manufacturing of batteries in Pakistan is also on the agenda of the EV policy and to bring Pakistan on the international standards with regard to electric vehicles. He further stated:
“Our purpose is to motivate people to use electric vehicles to improve the quality of the air our children breathe in; moreover, the electric vehicles would be economical as well.”
In urban areas, people are poor enough to buy cars or have any good public transport. Neither they can pay a lot of fares. Therefore, it can only be solved through introduction of Electric vehicles.Cities like Lahore have an ever-increasing problem of smog, especially in the winters. According to recent surveys Lahore was declared among one of the most polluted cities around the world. This is partially due to the emission of harmful gases from the internal combustion engines of cars.
The government is primarily targeting those vehicles that are polluting the environment the most. Some of the old public transport such as busses will be replaced by new EV or Hybridbusses in future. It will gradually shift these vehicles to hybrid or fully-electric vehicles.
Mr. Malik Amin Aslam has previously asserted that e-mobility is going to be the future for big metropolitan areas in Pakistan. This will modernize the country and might attract more tourists from foreign countries.
Furthermore, the EV sector will create new jobs for local people, the economy will stabilize and more foreign investment opportunities will occur in the nation. The old transport system will get modernize and will shift in to new eco-friendly vehicles in future.
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