As Pakistan moves towards its first-ever electric three wheeled rickshaws to reduce air pollution and curb climate change, the country is struggling to shift its momentum to electric vehicles.
What is the National Electric Vehicle Policy?
Prime Minister Imran Khan’s cabinet approved the National Electric Vehicle Policy four months ago, giving tax exemptions and incentives to manufacturers, importers and buyers of electric vehicles.
What are the concerns of traditional automakers?
But pushback by the conventional automakers have halted the finalization of this policy, which lead to EV makers worrying that eco-friendly cars, vans, motorcycles and rickshaws will be expensive for the mass market.
The conventional automakers raised their concern that incentives offered in this policy will unfairly benefit the emerging industry, which will result in hardship for the traditional automobile sector.
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