30% ELECTRIC VEHICLES BY 2030
Pakistan has informed the international community that it’s working on a new plan. The plan ensures that by 2030 at least 30 per cent of the vehicles used in the country will be electronic.
Along with Denmark and Norway, Pakistan co-chaired a 32-nation Group of Friends on Sustainable Energy, which is committed to a transition from fossil fuel to renewable energy. Pakistan is also a member of the Group of Friends on Climate Change, which is also committed to promoting the use of safe, renewable energy.
Pakistan’s US Ambassador Munir Akram said, Pakistan is one of the smallest emitters of carbon in the world. But it’s also one of the most vulnerable countries with devastating environmental impact.
“We have an extensive and ambitious plan, both on adaptation and mitigation,” he said. He further added that Pakistan was committed to meeting the targets set by various international agreements for promoting clean energy.
“We are also a champion on financing investment in renewable energy. Furthermore, we look forward to playing that role as well,” he said.
Last year, Pakistan approved its National Electric Vehicles Policy intending to ensure that 30 per cent of vehicles on its street will be electric ones by 2030. The government will offer incentives to motorists to switch to EVs.
China’s BYD Auto, the world’s largest electric vehicles manufacturer with a global turnover of $250 billion, has announced plans to enter the Pakistan market. It will facilitate the switch to e-vehicles in the country where Japanese car companies such as Suzuki, Toyota and Honda dominate the automobile sector. Climate Change Adviser Malik Amin Aslam has said electric vehicles would “revolutionize” the transportation industry in Pakistan and reduce the import bill by $2 billion every year. The benefits for the common man are immense, as EVs will help save them fuel and maintenance costs.
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