Pakistan Automobile Industry

[ghazi52]

In response to the increasing trade with regional countries, National Logistics Corporation (NLC) has significantly enhanced its fleet with the procurement of 500 modern, high-powered trucks.

These advanced vehicles are designed for long-haul operations. Prime Movers brought in Pakistan by road through Khunjerab Pass by saving lot of time and expenditure as compared to sea transportation.

The introduction of these trucks is a strategic move to strengthen “Regional Connectivity” under the TIR (The International Road Transport). This initiative was taken by NLC with the launch of first commercial operation in 2021.

Since then, NLC has progressively extended land-based transportation operation to Central Asian Republics, China, Russia, Turkiye, Azerbaijan & beyond while plans are afoot to expand NLC’s outreach to other countries in Eastern Europe.

Powered by advanced technology and delivering 390 horsepower, these trucks are equipped to handle the demanding requirements of long-distance transportation and will be utilized for the transportation of goods via road to various destinations.

The addition of these state-of-the-art trucks to NLC's fleet will enhance its cross-border logistics capabilities, contributing to the growth of regional trade & connectivity

 

[Akbar26]

A prominent Chinese company has partnered with the government of Pakistan to invest $350 million in establishing 3,000 electric vehicle (EV) charging stationsacross the country. This initiative aims to promote the adoption of electric vehicles, reduce reliance on fuel imports, and support environmental sustainability efforts.

Key Aspects of the Initiative​

1. Investment Breakdown: The project will commence with an initial investment of $90 million, which will focus on developing the necessary infrastructure for the charging stations. An additional $250 million is earmarked for local manufacturing of EV components, set to begin by February 2025.
2. Strategic Locations: The charging stations will be strategically positioned along major routes, including the Peshawar-Karachi motorway, enhancing accessibility for EV users and addressing a significant barrier to electric vehicle adoption in Pakistan.
3. Environmental Goals: This initiative aligns with Pakistan's broader objectives to transition towards greener technologies and reduce carbon emissions. By facilitating the use of electric vehicles, the project aims to lower environmental pollution and conserve foreign exchange reserves that would otherwise be spent on fuel imports.
4. Support from Local Authorities: Malik Khuda Bakhsh, Convenor of the Energy Standing Committee at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), highlighted that this collaboration represents a pivotal step toward energy independence and sustainable transportation in Pakistan. The Sindh government has also pledged full support to ensure smooth operations for investors involved in this transformative project.
5. Long-Term Vision: The investment is part of a larger strategy to modernize Pakistan’s transportation sector. The Pakistan Institute of Development Economics (PIDE) has recommended ambitious targets for electric vehicle adoption, aiming for 10% of new four-wheelers and 25% of new two/three-wheelers to be electric by 2030.
6. Economic Implications: Beyond environmental benefits, this initiative is expected to stimulate economic growth by creating jobs in the EV manufacturing sector and attracting further investments into Pakistan's energy landscape.

Conclusion​

The partnership between Pakistan and the Chinese company marks a significant milestone in advancing the country's electric vehicle ecosystem. With substantial investments in infrastructure and local manufacturing, this initiative not only seeks to enhance mobility options but also contributes to broader environmental and economic goals. As Pakistan embarks on this journey toward sustainable transportation, it sets a precedent for future collaborations aimed at fostering innovation and reducing dependence on fossil fuels.