{
  "id": 18718070,
  "title": "Govt announces auto policy with focus on cheaper vehicles, EVs",
  "url": "https://urgent.news/2026/11/07/govt-announces-auto-policy-with-focus-on-cheaper-vehicles-evs",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-07T13:24:47.000Z",
  "source": {
    "name": "Dawn Business",
    "slug": "dawn-business",
    "url": "https://www.dawn.com/news/2042835/govt-announces-auto-policy-with-focus-on-cheaper-vehicles-evs"
  },
  "original_language": "en",
  "account": "The Pakistani government unveiled a new auto policy on Saturday, emphasizing the importance of affordable vehicles and electric vehicles (EVs). Information Minister Attaullah Tarar and Prime Minister's adviser Haroon Akhtar Khan addressed reporters during a press conference in Islamabad, detailing the key pillars of the reform. The policy was constructed around six fundamental principles: affordability for the middle and lower-middle classes, boosting exports, localizing the industry, enhancing vehicle safety, promoting EVs, and fostering transparency. The Prime Minister, Shehbaz Sharif, spent considerable time formulating the policy, which includes a tariff policy to reduce production costs and import expenditures of raw materials. As a result, the prices of most vehicles, save for luxury models, are expected to decrease gradually over five years due to diminishing duties on completely built units (CBUs) and assembly plants. Tarar emphasized that the policy was shaped through stakeholder consultations, technical data analysis, and a review of international models, aiming to bolster the local industry by encouraging innovation, value addition, and localization. This initiative is anticipated to generate employment and facilitate vehicle exports. Furthermore, Akhtar highlighted that promoting EVs would decrease carbon emissions and the nation's oil import bill, citing incentives for the establishment of charging stations. The minister hailed the policy as a significant advancement towards offering Pakistani citizens affordable, high-quality, and eco-friendly transportation options.",
  "summary": "The federal government on Saturday introduced the new auto policy, with a special focus on cheaper vehicles and electric vehicles (EVs). Information Minister Attaullah Tarar and Adviser to the Prime Minister for Industries and Production Haroon Akhtar Khan announced the policy while addressing a press conference in Islamabad. Speaking to the media, Akhtar said that a lot of work was done in…",
  "key_points": [
    "Pakistani government unveils auto policy focusing on affordable vehicles and EVs",
    "Tariff policy and reduced duties aim to lower vehicle prices over five years"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Daily Times",
        "title": "New auto policy aims to make cars cheaper and boost EVs",
        "url": "https://urgent.news/2026/11/07/new-auto-policy-aims-to-make-cars-cheaper-and-boost-evs",
        "published": "2026-11-07T13:27:20.000Z"
      }
    ]
  },
  "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."
}