Amir Saeed
The inauguration of Pakistan’s first electric vehicle (EV) fast charging station marks a key milestone in the country’s transition to clean energy.
Talking to WealthPK, Dr Khalid Waleed, an energy expert, emphasised the initiative’s significant economic and environmental potential. Waleed noted that Pakistan spends approximately $1 billion monthly on oil imports. “A 30% reduction in these imports through increased EV adoption could save $300 million monthly, amounting to $3.6 billion annually — comparable to the IMF’s last Stand-By Arrangement.
To support this transition, the government has reduced electricity tariffs for EV charging stations by 44%, from Rs71 to Rs39 per unit, making EV infrastructure more affordable.” He emphasised the need to prioritise affordable transport options like two-wheelers and public transit systems, suggesting that transitioning 50-60% of two- and three-wheelers to electric models is essential.
“Additionally, distributed solar systems for home EV charging could optimise renewable energy use while reducing grid dependency.” Waleed also proposed establishing charging infrastructure at major bus stations and introducing electric buses for long-haul routes powered by small solar plants along highways. “Incentivising daytime charging with lower tariffs would further enhance sustainability and efficiency in Pakistan’s transition to electric mobility.”
Talking to WealthPK, Abu Bakar, regional sales manager at GreenWend Energy Pvt Ltd, a solar solution provider, praised this milestone, but urged policymakers to address key challenges. “As the launch of the country’s first fast-charging station is commendable, we must ensure equitable access across all regions,” he said.
He emphasised the need for public-private partnerships to expand charging networks beyond urban centres like Karachi and Islamabad. He also highlighted that training programmes for technicians and mechanics specialising in EV technology are essential for sustaining this transition. He further noted that Pakistan’s National Electric Vehicle Policy, which aims for 30% EV adoption by 2030, requires robust implementation frameworks.
“Incentives like reduced tariffs are a good start, but we need targeted subsidies for low-income households to adopt e-bikes and electric rickshaws.” “As Pakistan takes this significant step toward green mobility, long-term success will depend on comprehensive policies, infrastructure expansion, and public awareness campaigns to accelerate EV adoption nationwide,” Bakar noted.
Credit: INP-WealthPk