Pakistan Unveils New Auto Policy to Promote Affordable, Electric Vehicles

Photo: Deccan Herald

Pakistan announced a new automobile policy focusing on affordable and electric vehicles, aiming to reduce manufacturing costs, boost exports, and promote local production. Adviser Haroon Akhtar Khan highlighted six pillars including affordability for middle and lower-middle classes, export promotion, electric vehicles, localisation, vehicle safety, and transparency. Import duties have been reduced to lower costs, especially for vehicles under 1,300 cc, to make cars more affordable for low-income consumers.

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