The market for electric vehicles in Pakistan is potentially huge: with a population approaching 250 million and 32 million vehicles on its roads, the country is attracting domestic and international automotive brands to set up EV manufacturing facilities locally. Pakistan’s National Electric Vehicle Policy (2020) offers a range of supply- and demand-side incentives to affect a meaningful shift in the rapidly growing road transportation sector of the country and sets ambitious targets to be achieved by 2030 across all vehicle segments: 30 percent of new sales of four-wheeled passenger vehicles and 50 percent of two- and three-wheelers as well as buses. The policy provides facilitative measures in the form of duty concessions for the import of EVs, components and chargers, duty-free import of plant and machinery for local EV and battery manufacture and assembly, and exemption of EVs from registration fee, annual renewal and sales tax, among others.

The Pakistan Pavilion at FMA 2024 showcases some of the country’s evolving local e-mobility brands targeting the large two- and three-wheeler market segment.