Govt unveils new auto policy with focus on affordable EVs

“The federal government on Saturday announced an auto policy with a special focus on low-cost and electric vehicles (EVs). The key features of policy were shared by Adviser to the Prime Minister for Ind…”
Haroon Akhtar said policy rests on six basic pillars which include low cost vehicles, especially for middle class and lower middle class, boosting exports, promotion of Electric Vehicles, exports localization, vehicle safety and transparency.
He said import duties have been reduced to decrease manufacturing cost of vehicles which will directly result in availability of locally manufactured low cost vehicles especially for low income people. Haroon Akhtar said it was prime minister's special focus to lower prices of vehicles below 1300cc.
He said special measures have been taken to increase localization and export of automobiles. Also Read:Government introduces new LPG auction system, sales to be held in presence of media. Addressing the news conference, Information Minister Attaullah Tarar said the new auto policy would promote local vehicle manufacturing and exports, ensuring affordable, quality and environment-friendly vehicles for a common man.
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He said that all stakeholders were consulted during its preparation, technical data was analysed, and models followed in different countries were studied and compared.
He said that girls and women are increasingly using electric scooters to reach schools, colleges and offices, and that the use of electric motorcycles and scooters is growing fast, which he called a need of the hour.
Attaullah Tarar said use of electric vehicles will also reduce the country's growing oil import bill, the burden of which ultimately falls on the poor. He described the new auto policy as a comprehensive initiative offering special incentives for electric vehicles (EVs), while emphasizing the importance of promoting local manufacturing.
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