PM Approves Final Draft of Auto Policy; Focus on Localisation, EVs, and Consumer Protection
The policy offers duty relief and lower sales tax for EVs and charging stations as Pakistan seeks to cut fuel imports and create jobs.
- On Saturday, Information Minister Attaullah Tarar and Adviser to the Prime Minister for Industries and Production Haroon Akhtar Khan unveiled a new AutoPolicy in Islamabad aimed at promoting EVs and boosting local manufacturing.
- Tarar noted that decades of protection for Pakistan's local automobile industry had not delivered the "expected improvements" in innovation, value addition, and vehicle quality.
- "The promotion of electric vehicles will help reduce carbon emissions and the petroleum import bill," Tarar added, with incentives including customs duty relief for charging stations.
- The policy keeps petrol-powered vehicles below 1,000cc outside the proposed changes, prioritizing lower-income consumers as Pakistan shifts toward electric alternatives.
- Reducing the fuel import bill allows resources to be diverted toward public infrastructure, healthcare, and education, Tarar noted, while localization becomes essential for economic growth.
13 Articles
13 Articles
Common man to get affordable, quality & eco friendly vehicles under new auto policy: Tarar
Federal Minister for Information and Broadcasting Attaullah Tarar said the new auto policy would promote local vehicle manufacturing and exports, ensuring affordable, quality, and environmentally friendly vehicles for the common man.
PM approves final draft of auto policy; focus on localisation, EVs, and consumer protection
Prime Minister Shehbaz Sharif has approved the final draft of Pakistan’s Automotive Industry Policy, paving the way for its submission to the Federal Cabinet for consideration and formal approval. Adviser to the Prime Minister on Industries and Production Haroon Akhtar Khan announced the development during a press conference alongside Federal Minister for Information and Broadcasting Attaullah Tarar on Saturday. Haroon Akhtar said the finalisati…
New Auto Policy to Make Vehicles Affordable: Tarar
ISLAMABAD: (Special Reporter) – Federal Minister for Information and Broadcasting Attaullah Tarar has said the new automobile policy aims to promote local vehicle manufacturing and exports while ensuring affordable, quality and environment-friendly transport for the common man. Addressing a press conference alongside Prime Minister’s Adviser on Industries Haroon Akhtar on Saturday, Tarar said the policy […]
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