The global automobile manufacturer’s delegation from China has welcomed the Ministry of Climate Change’s policy framework for conversion of conventional automobiles to electric technology.
Ministry of Climate Change also held discussions with oil marketing companies on electric car policy phase-wise conversion from fuel cars to electric technology after receiving the approval of the Prime Minister to form a policy framework for introducing electric vehicles. Thus the ministry had expedited its efforts to take all relevant stakeholders in the loop.
An official of the ministry, while talking to APP said:
“During the recent consultative session with oil marketing companies, the ministry has requested the companies to send their inputs over the matter within a week, so that the policy formation can be carried out in the right direction.”
He added that everything was at the initial stages as the policy had to seek approval from the federal cabinet and Economic Coordination Committee, after which implementation mechanism will be developed.
The ministry aimed at initiating conversion process from 2-wheelers (motorcycles) and 3-wheelers (rickshaws) then it would focus on the 4-wheel vehicles including cars and buses. The official mentioned that Research and Development Engineering Company Lahore was working on electric vehicles and has developed an indigenous electric bike which costs Rs 65,000 to manufacture. He added:
“The fully charged electric bike has the capacity to run for 125 kilometers. The company claims that if the government assists the firm then the price could be managed at a lower rate.”
The official further said that the regulatory framework for electric cars would also be developed whereas the target is to build the capacity of local manufacturers to build electric cars along with the indigenous potential for exporting this technology.
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“The conversion of automobiles using fossil fuels to electric cars will help us to fulfill our Nationally Determined Contributions under the Paris Agreement. We have pledged to reduce vehicular emissions under the agreement.”
Vehicular emissions are contributing around 43% to the overall ambient air pollution prevailing across the hotspots of the country. Additionally electric vehicles will also reduce the impact of oil bill on the economy while the general consumers will also benefit at the basic level. The cost of running an electric vehicle is less than 25% of the fuel cost that is used in conventional automobiles. Lahore University of Management Sciences has done thorough research work over electric cars and is in close coordination with the ministry to develop its policy framework,” he added.
The Chinese delegation was of the view that electric vehicle market was newer to the world and it expressed pleasure that Pakistan’s government was eager to benefit from it.