Separate policy for hybrid vehicles sought

Published
4
Ministry of Industries has decided that hybrid vehicles will be covered in the new Auto Policy. — AFP/File
Ministry of Industries has decided that hybrid vehicles will be covered in the new Auto Policy. — AFP/File

ISLAMABAD: The auto sector has demanded government come up with a separate policy for the promotion of local assembly of hybrid cars along with incentives for the vendors to reduce dependence on imported parts.

Minister for Industries Hammad Azhar was presented with this demand by Indus Motor Ltd Company Ltd Chief Executive Ali Asghar Jamali on Friday seeking an independent hybrid vehicle policy on the lines of Electric Vehicle (EV) Policy approved by the government in December 2020.

However, sources said that the Ministry of Industries in a recent meeting chaired by Mr Azhar has decided that hybrid vehicles will be covered in the new Auto Policy expected to be finalised in the coming months. The existing five-year policy is set to expire in June.

“The general trend the world over is that countries move towards the hybrid vehicles as electric vehicles require serious infrastructure development such as charging points and a new set of vendors as well as repair mechanics,” said a senior official of the ministry.

Talking to media persons after meeting the industries minister, Mr Jamali said that it will take up to two years for local assembly of hybrid cars after the policy is approved, adding that there are a series of steps required to achieve road worthiness.

Published in Dawn, March 6th, 2021

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...