Volkswagen to Launch 75 EVs and 60 Hybrids by 2029
Volkswagen Group is pushing ahead of the rest and has announced to launch 75 EVs and 60 Hybrids by 2029.
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PEVMA Established to Promote Induction of Electric Vehicles
The electric vehicles manufacturers and assemblers have come together to establish Pakistan Electric Vehicles Manufacturers Association (PEVMA) to promote the induction of Electric Vehicles and its allied product in Pakistan through joint ventures and local assembling cum progressive manufacturing of Electric Vehicles including Buses, Cars, Vans, Pickups, Auto Rickshaws and Scooters/Motorcycles.
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EV Policy will Have a Big Impact on Local Auto Industry
The EV Policy will not only help transform the auto industry but will also ensure reduced oil import bill and low carbon footprint in the country.
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Local Auto Assemblers Not Happy With EV Policy
Local auto assemblers have shown serious concerns over the newly approved Electric Vehicle (EV) policy. Almost all auto-sector stakeholders have termed the approval of the policy an “ad hoc decision”.
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Federal Cabinet Approves Pakistan’s First EV Policy
Federal cabinet has approved the first-ever national Electric Vehicles (EV) policy in a bid to tackle effects of climate change and reduce country’s fuel import bill.
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Pros and Cons: Should Government Introduce Electric Vehicles in Pakistan?
Pros and cons: Should government consider introducing electric vehicles in Pakistan which will help reducing oil import bill and improve the environment
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EDB to Discuss EV Policy without True Stakeholders
The Engineering Development Board (EDB) has called a consultative meeting on the 1st of November at the Pakistan Industrial Development Corporation (PIDC) to discuss proposals regarding ‘National Electric Vehicle Policy’ for the automobile industry without inviting any of the genuine stake holders.
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Low Localization and the Need to Shift to EVs
Despite achieving up to 70% localization, the auto industry remains highly vulnerable to exchange rate fluctuations. Perhaps it’s time we just give up on the dream of having a thriving traditional automobile industry and focus towards electric vehicles, since the world is already shifting to EVs.
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