Fawad Chaudhary Wants FBR to cut tax on import of electric vehicles

FB to cut tax on ev
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Minister Fawad Chaudhry has said that the FBR should reduce sales tax on the import of Electric Vehicles (EVs) to 5 percent to encourage the upcoming technology based on the cleanest fuel in Pakistan. This will reduce pollution levels.

Fawad Chaudhry said that this will reduce reliance on imported petrol and significantly reduce environmental pollution. He had been one of the key supporters of EVs in the country when he was the minister of science and technology. Talking to Dawn News He Said

“It is unfortunate that the existing auto sector has been opposing the EV Policy, but as the technology is growing, high performance batteries are likely to be introduced by December this year with the capacity to travel up to 1,200 kilometers in a single charging,”

After the oil marketing companies the private sector has started to establish the EV charging points across the country. However, there is no dedicated regulator for the charging points and confusion exists among various ministries in this regard. PSO has installed Fast Electric Vehicle charger in Islamabad and is planning to install three more such chargers at key locations this year.

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