Pakistanis set to enhance the charging infrastructure for commercial electric vehicles (EV) by introducing proper stations by the end of 2022. These stations will be installed in the major cities and along the motorways.
The Director-General of the Board of InvestmentPakistan, Jamil Ahmed Qureshi, mentioned that the government has received project proposals from an Italian company that aims to set up solar energy-based EV charging stations. This proposal is currently under consideration by the government.
Moreover, the Director-General mentioned that these EVs will be environment friendly and relatively cost-effective for the consumers. In addition, the Managing Director of SIEMENSPakistan, Markus Strohmeier, mentioned that the potential of EVs inPakistanis very prominent given the fact that electricity is much cheaper inPakistanin comparison to European countries. Moreover, this would allow more working opportunities especially for those who live on the Northern side of the country as there is an abundance of water reservoirs in that particular area.
Head of Mitsui Japan inPakistan, Yamashiro Shinsuke, added that even Japanese investors can profit greatly due toPakistan’s resources and overall landscape.