EV market in Pakistan is widely supported and attracting Chinese companies because it will lead to a greener and more environmentally friendly Pakistan according to experts.
Electric vehicle (EV) market in Pakistan is widely supported and attracting Chinese companies because it will lead to a greener and more environmentally friendly Pakistan according to experts.
They stated that developing EVs in Pakistan is a potential solution for the country in terms of both improving environmental quality and making full use of electricity. Prof. Zaffar told media that the transportation sector accounts for nearly 43 percent of total airborne emissions in the country.
Meanwhile, Pakistan has excess electricity generation capacity, resulting in a large accumulation of capacity payments. “Electric mobility has become essential for Pakistan,” Prof. Nauman said. In such cases, non-seasonal and flexible loads must be introduced, and EVs have emerged as an effective solution.
A number of Chinese companies, including Chery, MG, Changan, BAIC, and Haval, have also made a push for EV transportation market in Pakistan in recent years. Many favourable factors, such as the Pakistani government’s favourable attitude towards EV, have aided in the development of the country’s EV policy.
Due to the limited capacity of local manufacturers to develop various modules/components of EVs, particularly batteries and battery cells, EV manufacturing in Pakistan will need to rely heavily on imports in the short term.
According to Prof. Nauman Zaffar, Director of the Energy and Power Systems Cluster and the National Incubation Centre, the battery in a BEV costs nearly half the price of the vehicle.
“The supply chain of materials used in the manufacturing of batteries for EVs is highly competitive, with China occupying a significant market share. This presents a valuable opportunity for Pakistani automakers to collaborate with their Chinese counterparts in the manufacturing of battery cells, which can help reduce the upfront purchase price of EVs.
An electric vehicle is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator).