SIFC extending support for promotion of EV industry
Islamabad : Special Investment Facilitation Council (SIFC) is extending support for the promotion of EV industry in the country.
Chinese Company ADM Group has announced an investment of two hundred and fifty million dollars to set up an EV manufacturing plant in Pakistan.
Transition to EVs is expected to cut fuel import costs, saving billions of dollars.
The government’s new regulations for EV charging infrastructure will also improve Pakistan’s environmental balance.