Business Desk 
Oct 24, 2025
An undated image. — Adobe Stock
In line with the rapidly growing adoption of electric vehicles (EVs) in Pakistan, the government of Pakistan has announced a subsidy of Rs53 per unit for EV charging stations.
With the reduction implemented, the new per-unit cost of electricity has dropped from Rs92 to Rs39, meaning that charging station operators will charge users based on the new rate.
During a meeting of the National Assembly’s Standing Committee on Finance, Secretary of Industries and Production Saif Anjum revealed that the new EV Policy for 2026-30 has received approval from the International Monetary Fund (IMF).
This policy is expected to save $1 billion in oil imports by 2030, backed by a $1.8 million grant from the International Finance Corporation (IFC).
The secretary also noted that reduced fuel consumption is expected to generate an additional $450 million in health savings because of decreased pollution and related illnesses.
Pakistan currently has over 76,000 operational EVs, with several globally renowned carmakers planning to establish local production facilities in the country.
For the widespread adoption of EVs, the government announced Rs80,000 subsidies on electric motorcycles priced at Rs250,000 and has reduced electricity rates for charging stations from Rs92 to Rs39.7 per unit.
Pakistan is expected to install 3,000 EV charging stations by 2030 and ensure that 30% of all new vehicle sales are electric.
