ISLAMABAD: The global automobile manufacturers delegation hailing from China has welcomed the ministry of climate change’s policy framework for fuel cars conversion to electric technology.
Ministry of Climate Change (MoCC) has held discussions with oil marketing companies (OMCs) on electric car policy phase-wise conversion from fuel cars to electric technology.
Talking to APP, an official of the ministry said after receiving the approval of the prime minister to form a policy framework for introducing electric vehicles, the ministry had expedited its efforts to take all relevant stakeholders in the loop.
“During the recent consultative session with OMCs the ministry has requested the companies to send their inputs over the matter within a week, so that the policy formation can be carried out in the right direction,” he added.
He said everything was at the initial stages as the policy had to seek approval from the federal cabinet and Economic Coordination Committee, adding, “Likewise implementation mechanism will be developed.”
The ministry aimed at initiating conversion process from two-wheelers (motorbikes) and three-wheelers (rickshaws) then it would focus on the four-wheel vehicles including cars and buses, he added.
He underscored that Research and Development Engineering Company Lahore was working on electric vehicles and has developed an indigenous electric bike which costs Rs 65,000 to manufacture. “The fully charged electric bike has the capacity to run for 125 kilometres. The company claims that if the government assists the firm then the price could be managed at a lower rate,” he added.
The MoCC official said the regulatory framework for electric cars would also be developed whereas our target is to build the capacity of local manufacturers to build electric cars along with the indigenous potential for exporting this technology.
“The conversion of automobiles using fossil fuels to electric cars will help us to fulfil our Nationally Determined Contributions under the Paris Agreement. We have pledged to reduce vehicular emissions under the agreement,” he mentioned.
“Vehicular emissions are contributing around 43% to the overall ambient air pollution prevailing across the hotspots of the country. Electric cars will also reduce the impact of oil bill on our economy while the general consumers will also benefit at the basic level. The cost of running an electric vehicle is only 25% of the fuel cost that is used in conventional automobiles. Lahore University of Management Sciences has done thorough research work over electric cars and is in close coordination with the ministry to develop its policy framework,” he added.
The official went on to say that the Chinese delegation had expressed that electric cars was a newer market and the Pakistani government’s realization of its benefits was commendable.