290,000 electric bikes made locally, yet delay in ...

Summary

• Islamabad: Pakistan’s electric vehicle industry has recorded a sharp rise in production, with annual output increasing from 7,345 units in 2021 to 2022 to 210,268 units in 2025 to 2026.
• Officials briefed the committee that Pakistan was working under the National Electric Vehicle Policy 2020 and the Auto Industry Development and Export Policy 2021 to 2026.
• The committee also focused on the need to prepare skilled workers for the growing electric vehicle industry.

AI Generated Summary

Islamabad: Pakistan’s electric vehicle industry has recorded a sharp rise in production, with annual output increasing from 7,345 units in 2021 to 2022 to 210,268 units in 2025 to 2026. However, the country’s auto policy is still awaiting final approval, raising concerns in the Senate that delays are creating difficulties for the automobile industry.

The Senate Standing Committee on Industries and Production expressed concern over the delay, saying the auto industry was facing challenges because the policy had not been finalised. Officials informed the committee that the draft policy would be sent to the Ministry of Finance and shared with the International Monetary Fund (IMF).

The committee reviewed the electric vehicle sector under the chairmanship of Senator Saleem Mandviwalla at Parliament House. The meeting was attended by Senators Khalida Ateeb, Husna Bano and Anusha Rahman.