{
  "id": 11251976,
  "title": "Electric Cars Can Save Pakistan $1 Billion",
  "url": "https://urgent.news/2026/10/01/electric-cars-can-save-pakistan-1-billion",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-01T17:44:46.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/10/01/electric-cars-can-save-pakistan-1-billion/"
  },
  "original_language": "en",
  "account": "A new study reveals that introducing approximately 30,000 range-extended electric vehicles (REEVs) annually in Pakistan could result in annual savings of over $1 billion on fuel imports within five years. This would involve a fleet of 150,000 vehicles. Compared to traditional petrol-powered cars, this EV fleet could replace roughly 1.2 billion liters of petrol while potentially reducing operational carbon emissions by 2.7 million tons over the five-year period.\n\nHowever, the extent of these savings is subject to various factors, including vehicle mileage, the electricity source for charging, and the frequency of electric operation. According to a policy viewpoint published by the Pakistan Institute of Development Economics (PIDE) in December 2024, the economic case for electric vehicles has been emphasized. The report notes that petroleum imports constitute a significant portion of Pakistan’s import bill, and increased EV adoption could diminish the nation's vulnerability to international oil price fluctuations.\n\nRange-extended electric vehicles (REEVs) function as an intermediate solution while Pakistan builds its charging infrastructure. These vehicles employ an electric motor to power the car, with certain models capable of covering 150 to 180 kilometers on battery power under ideal conditions. Consequently, many daily trips could be powered by home charging. Certain users who primarily charge through rooftop solar have claimed monthly savings of up to Rs. 65,000 after transitioning from regular petrol use to electricity.\n\nPakistan Customs has classified qualifying REEVs under the tariff category for vehicles powered exclusively by an electric motor. The adoption of electric vehicles is also penetrating lower price segments, with analysts estimating that increasing annual REEV additions to 60,000 could roughly double the anticipated fuel-saving and emissions benefits, given similar operating conditions. They have called for a stable auto policy in place for at least 10 years, coupled with affordable financing and a more extensive charging infrastructure. Additionally, they recommend progressively tying incentives to local production, manufacturing scale, and consumer protection. Manufacturers should compete based on vehicle quality, running costs, and after-sales service, while government policy should concentrate on mitigating Pakistan’s reliance on imported fuel.",
  "summary": "Pakistan can save more than $1 billion in gross fuel imports over five years by adding around 30,000 range-extended electric … Read More The post Electric Cars Can Save Pakistan $1 Billion appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}