World s largest electric vehicles manufacturer BYD is all set to enter Pakistan. The announcement was made by Pakistan Electric Vehicles & Parts Manufacturers and Traders Association (PEVPMTA) General Secretary Shaukat Qureshi while talking to local media.

https://dunyanews.tv/en/Business/521071-BYD-electric-vehicles-manuf...

“Toyota, the world auto giant, for the first time signed an agreement on November 7, 2019, to develop Electric Vehicles with BYD, the world’s largest electric vehicles manufacturer, with 44 plants around the globe employing 250,000 personals, with turnover of $250 billion," he said. “Scenario will definitely change in Pakistan as well, with the Japanese companies roll out their models by 2024," he added.

As a leading new energy vehicle (NEV) manufacturer, BYD has created a broad range of internal combustion (IC), hybrid and battery-electric passenger vehicles.

BYD s NEVs have ranked No.1 in global sales for three consecutive years since 2015. Developing electric vehicles that are intelligent and connected, BYD is inaugurating a new age of automotive innovation.

My quotes in story on Pakistan's Electric Vehicle Policy
----------------
Two cheers for Pakistan’s electric vehicle policy

https://www.thethirdpole.net/en/2019/12/04/two-cheers-for-pakistans...

Riaz Haq, who worked in various tech firms for 35 years in the Silicon Valley and is an EV enthusiast, said with 32 million households and 17.5 million motorcycles registered in Pakistan, the motorcycle ownership has increased from 41% in 2015 to 53% in 2018. Pakistan is the fifth biggest motorcycle market in the world after China, India, Indonesia and Vietnam.

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“It is a forward looking step needed to deal with climate concerns from growing transport sector emissions with rapidly rising vehicle ownership,” Haq wrote in his blog. He has recently bought a Chevy Bolt EV Premier “because of its 238 mile range on a single charge at a price 30% lower than Tesla 3”, after having test driven Tesla Models S, X and 3 and Chevy Bolt EV and Nissan Leaf and Leaf Plus.

Aware of the infrastructure that will be needed for EVs, Aslam sees it as an opportunity with a whole new service industry and numerous livelihood options opening up. “Pakistan is thirsting for new business opportunities and markets. Globally, China is leading the EV industry, like in the manufacture of batteries. If we build our capacity technologically, Pakistan can become a hub for exporting EVs – specially two and three wheelers. We have the appetite to lead and come up with innovative ideas like charging stations that run on solar.”

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All this will be possible, says Haq, because EVs are a lot simpler, “Easier to manufacture, have fewer parts and require fewer people on the assembly line saving labour costs.”

#Solar & #Batteries Will Change #Energy Industry Forever. #Costs are down nearly 90% in past decade, and will be only $8 to $14 per MW-hour by next year, or about a penny per kW-hour. #Electricity @themotleyfool #stocks $RUN $TSLA $HASI $SPWR $BEP $NEE https://www.fool.com/investing/2019/12/11/the-moment-is-here-for-en...

One of the biggest criticisms of renewable energy has been its inherently intermittent nature. Solar energy plants don't produce power at night, and wind turbines don't produce power without wind, so utilities need fossil-fuel or power plants to keep the grid running. Without a way to store renewable energy, fossil fuel will always be the backbone of the electric grid.

What's changed in the past few years is that energy storage is suddenly an economical asset to consider as part of the electric grid. If regulators and utilities find ways for energy storage to generate revenue, finance companies will open up their wallets and fund investment. Before long, energy storage could change energy forever.

Solving the revenue problem
Energy storage is starting to make financial sense, which is the only way it will ever be able to reach scale. Utilities see value in energy storage as a way to offset expensive peak generation on high-demand days. For example, in one time of use rate plan in Southern California Edison's territory (southern California) peak rates during the summer are $0.38 per kW-hr but rates during off-peak hours are just $0.13 per kW-hr. The $0.25 difference can be cost savings for homeowners with a battery by using the battery's energy during peak hours and charging during off-peak. Depending on the size of the battery, savings could be a few dollars per day for consumers and for utilities it means buying less power from expensive peaker plants, helping lower rates for everyone.

Utilities are also seeing it as a way to reduce transmission and distribution costs, and even put off investment in new power plants. Con Edison is using batteries as part of a plan to defer $1.2 billion in substation investments. And new bids from solar plus energy storage are beating the cost of building new power plants.

Residential and commercial customers are seeing value from a different angle, using energy storage to reduce electricity bills. SunPower (NASDAQ:SPWR), Sunrun (NASDAQ:RUN), and Tesla (NASDAQ:TSLA) are starting to build energy storage systems that reduce on-site electric bills and can even bid capacity into electric grids by creating a virtual power plant. There are different models for consumers, but the time of use rate savings I highlighted above is one option and another is commercial building owners saving on demand charges by batteries lowering their peak electricity usage each month.

There's now money to be made in energy storage, so if costs are low enough, the investments will make financial sense.

The cost problem
When batteries cost thousands of dollars per megawatt (MW), it was tough to justify their value to the grid because the up-front expense was too high. But costs have fallen nearly 90% in the past decade, according to NextEra Energy (NYSE:NEE), and will be only $8 to $14 per MW-hour by next year, or about a penny per kW-hour. For perspective, the average kW-hour of electricity costs about 13 cents for retail users.

Combined directly with wind and solar, energy storage starts to become really compelling. NextEra Energy estimates that post-2023, wind plus energy storage costs will be $20 to $30 per MW-hour, and solar plus energy storage will be $30 to $40 per MW-hour. Natural gas is expected to match the solar-plus-storage costs.

As the cost of energy storage becomes competitive with traditional fossil fuel assets, there is a growing demand for battery installations and utilities and finance companies are finding ways to make it a profitable investment.

Utilities and developers are seeing ways to make money with energy storage

At the end of the day, falling costs and increasing revenue won't matter unless someone finances energy storage projects. And we're starting to see companies that will. 

NextEra sees 700 MW to 1,400 MW of energy storage in its pipeline between 2019 and 2022. Brookfield Renewable Partners (NYSE:BEP) has begun investing in battery energy storage as well, albeit from a very small base of 10 MW. Hannon Armstrong (NYSE:HASI) is another financier that has begun investing in energy storage projects. 

The more energy storage these companies finance, the more they'll become comfortable with it -- and the lower the cost of capital will go. Wind and solar assets have benefited tremendously over the past two decades from declining capital costs, and I think we'll see that again in energy storage, which could reshape electricity across the globe. 

$9 Billion #Battery Project By #BMW, #BASF. Batteries/electric transmission account for 40% of cars’ costs. #Lithium-ion batteries are poised to power next generation of cars & to help #renewable energy like #wind and #solar. #electricity
https://www.bloomberg.com/news/articles/2019-12-09/-9-billion-batte... via @markets

The European Union’s plan to kick-start battery production and compete with Asian suppliers got a boost from the approval of 3.2 billion euros ($3.5 billion) in state aid for a landmark project that spans across seven nations.


The funds will unlock private investment of around 5 billion euros in the initiative by 17 companies, taking its total value to about $9 billion. It will include industrial and automotive giants such as BASF SE, BMW AG and Fortum Oyj, in order to support the development of innovative and sustainable technologies in lithium-ion batteries from mining and processing the raw materials to production and recycling.

“This is a very important step, even a breakthrough, in what I believe should be the new EU industrial policy,” European Commission Vice President Maros Sefcovic said on Monday in Brussels. “We should really focus on the area that is very important for this technological competition, which is becoming more and more severe.”

The move by Brussels underscores growing European awareness that key industries risk falling behind if they don’t fill manufacturing gaps in energy storage technology. Lithium-ion batteries are poised to power the next generation of plug-in cars. They also promise to help balance electric grids transmitting renewable energy like wind and solar.

Under the battery project, which aims to be completed by 2031, member states were cleared to grant the following amounts of state aid:

Germany up to around 1.25 billion euros
France up to 960 million euros
Italy up to 570 million euros
Poland up to 240 million euros
Belgium up to 80 million euros
Sweden up to 50 million euros
Finland up to 30 million euros
Clean mobility is set to play an important role in the EU plan to become the first climate-neutral continent by 2050. Commission President Ursula von der Leyen is set to present on Wednesday a detailed roadmap of her Green Deal to zero-out emissions.


Another EU battery project, coordinated by Germany, is under way and is likely to seek EU approval for state aid later this month, Sefcovic said. It will probably involve 12-13 member states and around 50 companies.

“The window of opportunity for the European battery industry is open until 2021-2022,” he said. “By then we have to be clearly able to demonstrate that we can manufacture the best batteries in the world on a massive scale, because this is when we expect the ramping up of the production of electric cars and demand in Europe.”

Batteries and electric transmission account for about 40% of passenger cars’ costs and the gap in nascent European production is largely being filled by Japanese and South Korean battery makers like Panasonic, LG Chem Ltd. and Samsung SDI Co. In the U.S., Tesla has built its own battery Gigafactory to satisfy demand for the cars it produces.

#Energy revolution is here, ushering in a shift toward clean energy. #Green options are beating out fossil-fuels. Cost of #solar panels fell by 80% 2010- 2018, lithium-ion #battery packs by 69% from 2014-2018; #LEDs declined 6X in from 2010 to 2014. #EV https://on.mktw.net/2rJMtEL

For the longest time, the prevailing narrative about renewable energy featured clumsy technologies, high costs, and burdensome subsidies. In the absence of strict mandates and far-reaching policy changes, the chances for mass adoption seemed slim. Electric vehicles (EVs) simply couldn’t go the distance, and LED lights were unattractive and unaffordable.

But now that these technologies have come of age, a new story is being written. Around the world, businesses, governments, and households are taking advantage of more cost-effective low-carbon technologies.

Owing to advances in information technologies (IT), green solutions can be integrated into business operations seamlessly. And as public support for these technologies has grown, so have the prospects for scaling up to a fully sustainable energy system.

As in any rapid transition, a full understanding of what is happening has lagged behind events. Many incumbent energy producers find it hard to believe that their world is undergoing a revolutionary change, so they insist that their heavily polluting technologies will remain relevant and necessary for some time to come.

Journalists, too, describe the transition with a degree of caution, because it is their job to be skeptical. And politicians and regulators are reticent to adopt a new perspective, even though they are already struggling to keep up with the pace of change in the energy industry.

To be sure, progress doesn’t come without setbacks, as the recent growth in energy-related greenhouse-gas (GHG) emissions shows. Yet there is no doubt that the future of energy will be dramatically different from the recent past. In fact, the transformation is happening even faster than we think, owing to three key factors.

Cost-effective
First, sustainable-energy technologies are quickly becoming more cost-effective than the alternatives, enabling businesses to reduce pollution, increase efficiency, and provide more goods and services.

The costs of technologies ranging from wind and solar power to EVs and smart grids have plummeted, and the learning curve — the linear drop in costs as new technologies are deployed on an ever-larger scale — has held steady across the board.

The cost of installing utility-scale solar panels fell by 80% from 2010 to 2018. Likewise, the cost of lithium-ion battery packs dropped by 69% from 2014 to 2018; the price of LEDs declined sixfold in just four years, from 2010 to 2014.

What was once pricey is now cost-effective; it will soon be downright cheap.

#Tesla’s Musk says #solar, #energy storage to grow faster than #ElectricVehicles. #EV #battery #cleanenergy

https://www.cnbc.com/2019/12/14/teslas-musk-says-solar-energy-stora...

Tesla CEO Elon Musk recently said the company’s solar and energy storage business will grow faster than its electric vehicle business.
With Tesla making progress on Model 3 production efficiency, Musk said on the most recent earnings call there will be more focus on solar and the broader Tesla Energy business, which includes aligning intermittent solar power with battery storage.
Tesla and Musk have faced criticism, and a shareholder lawsuit, over the solar business, the controversial acquisition of SolarCity, and issues at the company’s solar panel plant in Buffalo, New York.

A Model 3 ramp-up that resulted in a quarterly profit was a sign that Tesla’s automobile business finally may be financially stable. If so, it is a good time for Tesla to turn its attention to the energy business — encompassing solar and energy storage — that has for long taken a backseat to getting the electric vehicle assembly line in order.

Elon Musk has been broadcasting this message since Tesla reported a surprise profit in the third quarter. On the call with Wall Street analysts after the earnings in November, the Tesla CEO said, “For almost two years we had to divert a tremendous amount of resources.”

Now Musk claims Tesla is poised for “the really crazy growth for as far into the future as I can imagine. ... It would be difficult to overstate the degree to which Tesla Energy is going to be a major part of Tesla’s activity in the future,” he said.

Never one to shy away from bold claims or ambitions, Musk said Tesla Energy could grow to roughly the same size as Tesla’s automotive business, and solar would grow, on a percentage basis, the fastest of any, with storage second.

“I think both over time will grow faster than automotive,” Musk said. “They’re starting from a smaller base.” He added, “I think, especially, if you look at sort of — if you look at, like, year-over-year growth, it will be absolutely incredible ... over the course of, say, a year, gigantic increase.”

In a recent internal email to Tesla employees, Musk outlined two critical year-end priorities: delivering all cars to their customers and boosting the rate of solar deployments by a significant degree.

Skeptics point to a variety of other reasons why Musk may be in solar- and energy-business salesman mode, beyond the Model 3 inflection point. The solar business has in recent years been associated with more negative than positive news. Tesla faces a lawsuit from shareholders over its controversial 2016 purchase of SolarCity; the solar roof that Musk has been touting for years is off to a slow start; its solar panel plant in Buffalo, New York, has been dogged by issues; and its solar business has faced unfavorable customer-service reviews.

Tesla did not respond to multiple requests for comment.

The outlook for Tesla’s solar business
Industry experts and Tesla watchers are applying a heavy discount to Musk’s energy claims, saying the Tesla chief is prone to hyperbole and exaggeration.

“I’d take all Elon claims with a grain, or metric ton, of salt,” said Morningstar equity analyst David Whiston. “Energy probably stays a small piece of Tesla for a long time because there’s so much growth to come in auto with new vehicles and AVs [autopilot].”

“I don’t doubt there’s a nice growth runway long term for solar,” Whiston said, but added, “Like a lot of things in investing, it’s a show-me story.”

Analysts covering the rooftop solar sector estimate that it can grow from a low-end estimate of 10% annually to as high as 20%, based on the performance of the leading companies, such as Sunrun, SunPower and Vivint Solar.

“Tesla over the past two years has really taken their eye off the ball there, despite a visible brand. … The solar business shrank dramatically,” said JMP Securities analyst Joe Osha, who covers both Sunrun and Tesla.

IRENA Pegs #Pakistan’s Total #RenewableEnergy Capacity By 2018-End At Over 13,000 MW, With #Solar Contributing 12% Or More Than 1,500 MW. Target: 30% of installed capacity to be #renewable by 2030. #cleanenergy #ClimateChange http://taiyangnews.info/markets/pakistans-cumulative-solar-capacity...

At the end of 2018, the cumulative installed solar energy capacity of Pakistan had reached 1,568 MW, increasing from 742 MW at the end of 2017, representing an addition of over 800 MW in a single year. These statistics are published in the International Renewable Energy Agency’s (IRENA) annual report, Renewable Capacity Statistics 2019.

The report tracks renewables growth of several countries starting from 2009. For Pakistan it means solar power capacity of 4 MW in 2009 has now grown to 1.5 GW, accounting for 12% of out of 13 GW of total renewable energy capacity of the country in 2018.

Globally, a total of 171 GW of new renewable energy capacity was installed in 2018, growing 7.9% annually, of which 84% came from wind and solar alone. In concrete terms, solar added 94 GW of new capacity with Asia accounting for 64 GW, while wind grew by 49 GW.

According to an April 2018 Renewables Readiness Assessment report of IRENA, Pakistan does not have a clear renewable energy target, which the agency says is a must to ‘translate political will into a language that can be understood by investors’.

The World Wind Energy Association reported on April 2, 2019 that the new government in the country under Prime Minister Imran Khan plans to increase the share of renewable energy in total power generation to 30% by 2030, from wind, solar and biomass, and additionally 30% from large-scale hydropower. It would be a 26% points increase from the current renewables share of 4%. Pakistan is working on its Renewable Energy Policy 2019 whose guiding principles have been approved by the government’s Cabinet Committee on Energy (CCoE).

As per January 2017 directives issued by the National Electric Power Regulatory Authority (NEPRA) of Pakistan, the country should be moving towards a competitive bidding process for utility scale solar and wind power plants, something that’s yet to take place.

In a December 2018 report, the Institute for Energy Economics and Financial Analysis (IEEFA) wrote that the country could reach 12.4 GW of total installed solar power capacity by 2029-30, provided the government came up with clearly defined targets for long-term renewable energy policy (see IEEFA Suggests 30% RE For Pakistan By 2030).

Rickshaw maker Sazgar Unveils #Pakistan’s First Locally Manufactured #ElectricVehicle. It will be powered by a 48V, 160Ah, 7.7kwh battery paired with a 3kw motor that will give it a range of 170KM with the weight included.
https://propakistani.pk/2020/01/24/sazgar-unveils-pakistans-first-l...

Yesterday, Sazgar Engineering Works Limited announced that they would be unveiling their indigenously manufactured Electric Powered Three-Wheeler.

In a glitzy ceremony attended by government officials, members of the social and business community, the company has launched the much-awaited three-wheeler.

The company has vowed to make the vehicle commercially available after the National Electric Vehicle Policy is implemented by the government. The company, during the launch, said that the vehicle would create employment opportunities in the auto sector and help in its development.

The three-wheeler is being manufactured locally and this will help in saving foreign exchange, help curb the oil import bill and reduce environmental pollution.

Apart from the electric kit, the rest of the three-wheeler is set to be produced locally which will help boost the economy. While some of the details are still scarce, the company has said that it will be powered by a 48V, 160Ah, 7.7kwh battery paired with a 3kw motor that will give it a range of 170KM with the weight included.

It will take almost 5 hours to charge and, according to some estimates, it will save Rs. 250,000 in terms of fuel and Rs. 30,000 in terms of maintenance each year.

#Pakistan Pursues Big Action On #ClimateChange. Along with #trees planting, #PTI govt announced a new #ElectricVehicle policy this summer, and plans to get two-thirds of its #electricity from #renewable sources like #wind, #solar and #hydropower by 2030. https://www.npr.org/2020/09/29/916878679/with-glaciers-melting-and-...

On her first foray into tree planting, Laiba Atika forgot a key item — a shovel, which her mom later fetched.

But the 17-year-old is clear about why she is leading volunteers in the northern Pakistani city of Mardan to plant dozens of pine trees in a scrubby park.

"It's our duty as citizens," she says in formal English, "to implement actions that can make planet a better place to live in."

Atika's tree-planting drive is being replicated all over Pakistan, where the government aims to plant ten billion trees over five years with the help of local communities. The reforestation initiative is central to a wide-ranging plan the Pakistani government recently adopted to change practices and cut emissions that drive climate change.

Like most developing nations, Pakistan is not a big emitter of heat-trapping greenhouse gases. But developing countries suffer harm disproportionate to their historically low emissions. Climate-fueled extreme weather events, from floods to droughts, could displace or kill tens of thousands of people, straining government resources and threatening political stability.

That urgency has prompted some nations, such as Pakistan, to craft ambitious plans to reduce emissions, even as the world's second largest emitter, the United States, shrugs off serious climate action.

Pakistani Prime Minister Imran Khan "knows the implications of climate change and is willing to take the lead in putting Pakistan on a green trajectory," says Malik Amin Aslam, a senior climate change advisor to Khan and the leading proponent of the new policies.

Alongside tree planting, the government announced a new electric vehicle policy this summer, and plans to get two-thirds of its electricity from wind, solar and hydropower by 2030. "That is a genuine step up in ambition for renewable energy," said Simon Nicholas, an energy finance analyst who follows Pakistan at the U.S.-based Institute for Energy Economics and Financial Analysis.

But the problems that have long hobbled Pakistan threaten its new climate goals, too, environmental activists say. Plans are undermined by corruption and lax implementation, according to Afia Salam, an activist in Karachi. Environmentalists point to other ambitious policies the government announced since it took power, like a ban on plastic bags in Islamabad, which has gone widely ignored.

Khan's own broad-tent party, Pakistan Tehreek-e-Insaf, includes powerful business interests that have carved out loopholes for themselves from the climate policies.

"What Pakistan has done, despite resource constraint, is aspirational for many countries," Salam says. But, she adds, "there's so many conflicting interests within the party itself."

The world's fifth most populous country, Pakistan is one of the most vulnerable to global warming. Already, summer temperatures in its southern cities often surpass 120 degrees. Rainfall has grown more erratic, and in August, unprecedented monsoon rains drowned parts of Pakistan's largest city, Karachi, turning roads into rivers and killing dozens of people across the country.

Northern glaciers nestled in mountains are the country's main water source, and they are melting faster than ever. Highland communities now face occasional water shortages and flash flooding that sweeps away their lands. If the growth of global greenhouse gas emissions continues on its present trajectory, the water supply for Pakistan's 220 million people will be imperiled within 50 years, scientists say.

BREAKING DOWN EV MYTHS IN INDIA – WHAT HAVE WE LEARNT?
By Atul Mudaliar, Head of Business Actions, Climate Group


https://www.theclimategroup.org/news/breaking-down-ev-myths-india-w...

Myth

Fact

Written by

CHARGING

We need a dense public fast-charging network

From global examples, regular home or destination slow Alternating Current (AC) charging infrastructure should suffice for most uses (70-80%). Direct Current or DC fast charging would be required only in cases of highway charging or commercial charging where vehicle utilization is high, and vehicle idle time is low.

By Maxson Lewis, Managing Director, Magenta Power – ChargeGrid



TECHNOLOGY

EVs are slow and have limited range

Electric cars and high-speed electric two-wheelers have advanced high-performance ‘powertrains’. These vehicle systems can offer better acceleration in comparison to Internal Combustion Engine (ICE) powertrains and allow comfortable speeds for intra-city driving.



From a sample size of 85 e-2-wheeler models and 5 e-car models on the Indian market today, average range was 84 Kilometers (kms) and 300km per charge respectively, which is more than enough for day-to-day use.

By Jyoti Gulia, Director – JMK Research and Analytics

ECONOMICS

Electric vehicles are more expensive than ICE vehicles

When comparing the upfront cost, fuel costs and maintenance costs, we find that running EVs for more kms/day results in substantial fuel cost savings over ICE vehicles, making EVs much cheaper over their lifetimes.

Co-authored by Falgun Patel, The Climate Group and Nishant Saini, Founder & Managing Director – eeeTaxi

POLICY

There is no government support for electric vehicles in India

In India, governments (Central and State) have consistently promoted manufacturing and adoption of EVs. Capital subsidies on purchase of EVs under Faster Adoption and Manufacturing of Electric Vehicles II (FAME II), Goods & Services Tax (GST) on EVs has been reduced from 12% to 5%, an income tax deduction of INR 1,50,000+ can be claimed on the interest paid on loans taken for EVs.

By Charu Lata, Lead Consultant – Electric Mobility, NRDC India

VEHICLE EXPERIENCE & SHARED MOBILITY

EVs give unsatisfactory vehicle experiences



Electrified shared mobility could lead to range anxiety

Today’s new-age electric vehicles are adequately powered and can achieve speeds like ICE vehicles. The EV transition has allowed automakers to integrate technology like Artificial Intellegence and IoT, thereby enhancing user experience.



Shared e-mobility is an essential solution to solve congestion in cities. The average daily run of a vehicle in a city is much lower than the corresponding average EV range. With tech-enabled shared e-mobility infrastructure, the user is always aware of the estimated remaining range and nearest charging/battery-swapping station, making range anxiety a non-issue.

By Vinay Rotti, Head – Policy & Strategic Finance at Bounce and Pradeep Karuturi, Policy and Government Partnerships at Bounce

EMISSIONS

Charging EVs with India's electricity grid is worse than driving ICE vehicles

Transport and Environment finds that EVs manufactured and charged with Poland's electricity reduce CO2 emissions by ~29% compared to average of petrol and diesel CO2 emissions. India, in fact, has a slightly better grid emission factor than Poland, which means EVs already reduce emissions.

By Abhishek Ranjan – Energy and Electric Mobility Industry Expert in India

WHAT NEXT?
It is necessary for a myth to be proven right or wrong for it to emerge as a fact. Like many transitions witnessed in the technology domain, EV myths in India too will have to traverse this journey to see where we are now and find integrated and innovative ways to move forward. However, we now know that they are naturally conquerable, and will change over time.

EVs: Light it up. I am quoted in this Business Recorder article on #ElectricVehicles in #Pakistan written by @SattarHuma https://www.brecorder.com/news/40028733 Riaz Haq argues that EV assembly is not difficult: “EVs have fewer parts than fossil fuel vehicles. They should be cheaper and easier for EV-makers to assemble and for EV-users to maintain [once bought]. The best option for Pakistan is to do joint ventures with Chinese companies that have substantial expertise in EV technology to leapfrog the entire process”.

China’s push into electric vehicles began just over a decade ago, spearheaded by a former engineer for Audi named Wan Gang. While more than 30 billion yuan ($4.54 billion) in subsidies attracted many worthless start-ups, a handful survived. Nio listed in New York in 2018 and has climbed more than 340% since. Li Auto and Xpeng went public in the U.S. this year and their shares are up more than 65% and 35%, respectively.


https://www.cnbc.com/2020/10/23/chinas-electric-car-strategys-impli...

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While California-based Tesla captured popular attention for electric cars, national policy in Beijing encouraged the launch of several rivals in China, the world’s largest auto market.
“Over the next five years we anticipate Chinese players across the EV supply chain to aggressively enter the overseas market,” UBS analysts wrote in a note Wednesday.
Once a fringe item in a global energy market centered on oil, electric vehicles are part of a potential new ecosystem that includes self-driving cars and ride-hailing, says Daniel Yergin, vice chairman at IHS Markit.

Pakistan will have 30% #ElectricVehicles by 2030. Along with #Denmark and #Norway, #Pakistan co-chairs a 32-nation Group of Friends on Sustainable #Energy, which is committed to a transition from fossil fuel to renewable energy. #renewableenergy https://www.dawn.com/news/1594548

Pakistan has informed the international community that it’s working on a plan to ensure that by 2030 at least 30 per cent of the vehicles used in the country are electronic.

Along with Denmark and Norway, Pakistan co-chairs a 32-nation Group of Friends on Sustainable Energy, which is committed to a transition from fossil fuel to renewable energy.

Pakistan is also a member of the Group of Friends on Climate Change, which is also committed to promoting the use of safe, renewable energy.

Speaking at a virtual meeting of this group in New York earlier this week, Pakistan’s UN Ambassador Munir Akram warned that most developing countries could fail to fulfill their commitments to the goal of creating a clean environment if they were not helped in making an adequate recovery from the Covid-19 crisis.

ARTICLE CONTINUES AFTER AD

“If developing countries are destitute, if there are humanitarian disasters, if we are unable to recover from Covid, I think all other actions for many developing countries will become irrelevant,” he said. “So urgent and immediate actions are needed.”

The Pakistani envoy, who is also the president of the UN Economic and Social Council (ECOSOC), urged major emitters of harmful gases into the atmosphere to fulfil their commitment to creating a safe and clean environment for all.

“There are positive indications I agree, but I believe that these should be made much clearer as we go forward, especially from the biggest country, the United States,” he said. “We look forward to what the new US administration will have to say in the coming months.”

Urging the world’s leading nations to fulfil their pledge for the hundred billion annual commitment on climate finance, Ambassador Akram said: “I think for many developing countries that will be an acid test.”

Pakistan, he said, was one of the smallest emitters of carbon in the world, but it’s also one of the most vulnerable countries with devastating environmental impact.

“We have an extensive and ambitious plan, both on adaptation, mitigation,” he said, adding that Pakistan was committed to meeting the targets set by various international agreements for promoting clean energy.

“We are also a champion on financing investment in renewable energy, and we look forward to playing that role as well,” he said.

Ambassador Akram also underlined the need for concrete progress on development transfer and deployment of technology in developing countries.

In August, Pakistan unveiled a plan to boost the share of renewable energy to 30 per cent by 2030, up from about 4 per cent today.

During the first phase, Pakistan aims to increase the share of renewables in power mix to 30 per cent by 2025. The targeted mix will include mainly wind and solar power, but also geothermal, tidal, wave and biomass energy.

With boosts in hydropower capacity, Pakistan hopes to bring the share of clean energy in its electricity mix to 65 per cent by 2030.

But plans to build seven more coal-fired power plants during the second phase of the China-Pakistan Economic Corridor project could prevent the country from reaching this goal. Pakistan’s intended move to clean energy has also been delayed by the coronavirus pandemic.

#Toyota set to roll out electric tricycle in #Pakistan. The modern electric tricycle can carry a weight of 150 kilograms and after a full charge it can run up to 60 kilometers. #ElectricVehicles https://www.thenews.com.pk/print/759789-toyota-set-to-roll-out-elec...

Toyota is all set to introduce electric tricycles in Pakistan to meet the demand of low-cost and fuel-efficient transport mode in the country with growing auto market demand.

An agreement between Hiroyuki Toyoda, chairman of T-Trike Company – a subsidiary of Toyota Motors – and Rana Abid Hussain, president of Pak-Japan Business Council, was recently signed for the distribution rights of electric tricycles.

Hussain told The News that initially 3,000 electric tricycles would be introduced in Pakistan, while in the next phase the electric bicycle will also be manufactured locally for which talks are underway.

The council president said the chairman of the company is scheduled to meet the Ambassador of Pakistan in Japan Imtiaz Ahmed next week after which the formal exports will take place. Electric tricycle is manufactured by Toyota Motors, a world-renowned automobile company of Japanese origin.

The vehicle will be introduced in partnership with the Pak-Japan Business Council. The new electronic tricycle developed under the supervision of Hiroyuki Toyoda, a son of Kiichiro Toyoda, the founder of Toyota Motor Corporation. Hussain said electric tricycle is rapidly gaining popularity in Japan and the company has established 150 sales locations across the country. The modern electric tricycle can carry a weight of 150 kilograms and after a full charge it can run up to 60 kilometres.

Hussain said the tricycle can be easily used for courier services, vegetable hawkers and other small businesses. Without petrol this electric cycle will prove to be very economical, he said. Auto demand is fast increasing in Pakistan. With a wide gap of over 600,000 vehicles in demand and supply, used-cars are the most sought-after option. Cars are still expensive in the country ranked 154th in the world in terms of GDP per capita.

New auto policy is encouraging newcomers in Pakistan’s auto field that are importing semi knocked-down and completely knocked down cars in the country. Their prices are still out of range of majority of customers. Taxation is yet to be rationalised to make car ownership affordable, according to local analysts.

The battle within the electric-vehicle industry will intensify
The new kids v the old hands

The World Ahead

https://www.economist.com/the-world-ahead/2020/11/17/the-battle-wit...

The surging share price of Tesla, now the world’s most valuable carmaker, provides a big incentive for incumbents and newcomers to catch up. Tesla may lead in battery technology and software, but to make those advantages stick it must prove that “production hell” is behind it. The firm’s boss, Elon Musk, dreams of making 20m cars a year; in 2019 he made 370,000. Scaling up manufacturing has caused Tesla its biggest headaches. Will its new “gigafactories” in Texas and near Berlin come online as smoothly as a new plant in Shanghai, providing proof that Tesla can expand at will?

Tesla may have some catching up to do in large-scale production, but established carmakers face an equally daunting challenge: learning how to write software. Electric cars require integrated software, not just to ensure that batteries and motors work together to provide the best performance, but to connect the car to the outside world. Incumbent carmakers are struggling to combine disparate electronic systems from different suppliers to create the seamless experience offered by Tesla, which constantly improves its cars with smartphone-style “over the air” software updates.

Pivoting from mechanical engineering to developing software and providing the mobility services that customers will increasingly demand (such as ride-hailing and ride-sharing) is not the only challenge. Incumbents must also wind down investments in combustion-­engine technology and make the alliances needed to catch up on batteries and software. Expect more joint ventures and investments in startups, as they try to share costs, shift away from petrol power and bring in new thinking.

And what of the Tesla wannabes, from China’s Li, Nio, WM Motor and Xpeng to American firms such as Fisker, Lucid and scandal-hit Nikola? Cash from excitable investors has poured in and established carmakers are also taking stakes—as are tech giants, keen to get involved as transport goes digital. But which companies will have staying power? Can the wannabes persuade investors that they have proprietary technology that will give them a long-term advantage?


Flashy launches of vehicles are one thing, but as the industry’s travails show, working out how to make cars at scale, when bits and bytes are as important as brakes and bodywork, is quite another. Establishing retail and maintenance networks is no joyride, either. The coming year will make clearer which of Tesla’s competitors, new and old, can stay in the race.

Worlds largest #Tesla #ElectricVehicle #Supercharger V3 Station Approved For Santa Monica, #California, with 62 V3 (250 kW) stalls. Currently, the largest Supercharger station in the world is in #Shanghai, #China, with 72 stalls of V2 (120 kW) https://insideevs.com/news/492495/massive-62-stall-tesla-supercharg...

Following long discussions and plenty of objections, Tesla will move forward with the two-facility 62-stall Supercharger site.
Just two days ago, we reported about potential plans for a massive Tesla Supercharger V3 station in Santa Monica, California. The Tesla site will be the largest of its kind in the world, with 62 V3 (250 kW) Supercharging stalls distributed between two facilities. After hours of discussion, the charging project was approved.

For reference, the world's largest V3 Supercharging station is in Firebaugh, California, with 56 stalls. Currently, the largest Supercharger station in the world is in Shanghai, China, with 72 stalls. However, the Shanghai station uses the former V2 (120 kW) Supercharging technology.

The Santa Monica Planning Commission finally approved the project with a 5-2 vote after hours of discussion, which was a result of objections and opposition to the future project. It will be located at 1401 Santa Monica Boulevard, with two sites separated by an alley. One site will house 36 stalls while the other will have 26. It will also feature solar power and battery storage.

Local residents mentioned concerns about the Supercharger station's fan noise, booming car sound systems waking people late at night, and the worry of homeless people trying to access the Supercharger station's restrooms, among other concerns. You can check out the Santa Monica Planning Commission’s vote by clicking on the video in the tweet above.

It's important to note that despite the lengthy question and answer session, as well as the long list of concerns, it comes as no surprise the commission approved the project with only two votes in opposition. While there are often concerns about such projects, there's something to be said about having the world's largest Tesla Supercharger station, and a progressive California city is arguably an ideal location for the charging facility.

#Japan's #Hitachi picks #Pakistan for #emergingmarket break in electric bus chargers.
Japanese group also eyes deals in #MiddleEast for zero-emission infrastructure. #ElectricVehicles #ClimateAction #CleanEnergy https://asia.nikkei.com/Business/Technology/Hitachi-picks-Pakistan-...


Hitachi will help build charging infrastructure for electric buses in Pakistan, part of the Japanese industrial group's search for deals in this sector in South Asia and the Middle East, Nikkei has learned.

Hitachi ABB Power Grids, a subsidiary of the Tokyo-based blue chip, sees emerging markets as an important proving ground for its charging system, which replenishes bus batteries not only at terminals but also in quick bursts at each stop.

Demand for electric buses is projected to surge as Asian nations seek to temper urban sprawl with low-carbon-emissions technology. By 2030, 3 million to 5 million electric buses will be in service worldwide, up from about 500,000 in 2019, the International Energy Agency forecasts.

In Pakistan, Hitachi ABB Power Grids will work with local bus company Daewoo Express and Chinese electric bus maker Sky-well New Energy Automobile Group to build a network. The Hitachi unit has reached a preliminary agreement to supply charging infrastructure for this effort.

Sky-well will supply buses built outside of Pakistan to Daewoo Express, with a view to eventually assembling them in the country.

In the Middle East, Hitachi ABB Power Grids will team with another Chinese bus maker, Yinlong Energy. Charging equipment there will need to be built to withstand searing daytime temperatures and sandstorms.

Emerging markets are home to many cities with underdeveloped urban transportation, giving them a unique opportunity to jump directly to the most advanced zero-emission technology.

Hitachi aims to eventually transfer the know-how it gains in these countries to projects in advanced economies.

The company is not the only Japanese player seeking overseas growth in electric buses. Trading houses Mitsui & Co. and Sumitomo Corp. have enlisted their own international partners in this field.

Shares in Tokyo-listed Hitachi -- whose businesses span power grids, trains, factory automation and appliances -- reached a roughly 20-year high in Tokyo trading on Friday, lifted by forecasts that the company is headed toward a record net profit for the second year in a row.

Is #Apple #EV Under Development? Apple Has Hired Former BMW i3 & i8 Exec For #ElectricCar Project. Several #Tesla executives have moved to Apple over the years, but there's still no sign of any car or related platform. https://insideevs.com/news/513449/apple-hires-bmw-exec-ev/?fbclid=I... via @insideevs.com

Apple has been touting an EV on and off for years. It this the real deal now?
According to a recent article by Autoblog, based on information from sources familiar with the matter, Apple has hired Ulrich Kranz to head up its electric car project. Kranz is a former BMW executive with ties to the i3 and i8. A spokesperson from Apple has confirmed the hiring of Kranz.

A few months ago, Kranz left his role at self-driving startup Canoo, and it seems Apple jumped on the opportunity to hire him rather quickly. Kranz was actually the co-founder and CEO of Canoo. He left a senior vice president position at BMW to move forward with Canoo. His group at BMW worked on developing the i3 electric car and i8 plug-in hybrid.

For years, people have talked about the parallels between Tesla and Apple. There has also been much talk about the potential for the companies to join hands. Moreover, skeptics have pointed to a potential Apple Car as a "nail in the coffin" for Tesla. However, while Tesla continues to innovate, build global factories, and outsell all other EVs across the globe, Apple has certainly been taking its time.

Apple has also been very wishy-washy about its EVs plans, promising to bring the Apple Car to market, changing its mind, looking to other companies to build its cars, canceling the project, reinstating the project, and now, hiring a top legacy auto executive.

Many Apple fans will tell you this hire is a big deal since it means Apple definitely has plans to bring an EV to market. However, until there's proof that a car is actually coming, we're not holding our breath. Nonetheless, we'd love to see an Apple EV become reality, and we hope Kranz is the answer. If any company has what it takes to follow Tesla's lead, Apple should be on the list, but it could be a long road ahead.

Apple's car efforts started way back in 2014, but after just two years, the company decided to table the project in favor of an autonomous driving platform. Several Tesla executives have moved to Apple over the years, but there's still no sign of any car or related platform.

Do you have any faith in an upcoming Apple Car? Is this recent Apple hire enough to really get the ball rolling? Let us know your thoughts on this in the comment section below.

Tax breaks kick Pakistan's electric car shift into higher gear

https://www.reuters.com/business/cop/tax-breaks-kick-pakistans-elec...

ISLAMABAD, Nov 22 (Thomson Reuters Foundation) - Pakistani businessman Nawabzada Kalam Ullah Khan had been planning to swap his family's petrol-powered cars for electric models for years.

But it wasn't until a set of massive tax cuts came into effect in July that the 29-year-old from Pakistan's capital Islamabad finally put in an order for two electric cars.

"Someone has to take the initiative to switch to these cost-efficient, environment-friendly vehicles in the face of increasing pollution in big cities - and we've done it," Khan said.

His new cars, he said now cost about five times less to run day to day than his old vehicles, a major incentive to make the switch.

Major Pakistan and Indian cities are struggling with dangerous levels of air pollution, with Pakistan's Lahore this week declared the most polluted city in the world.

Heavy use of fossil-fuel-powered vehicles for transport combined with smoke from seasonal crop burning make the problem particularly severe at this time of year.

But Pakistan's electric vehicle push is picking up speed, nearly two years after the country launched its ambitious green policy, which envisions a shift to 30% electric cars and trucks nationwide by 2030, and 90% by 2040.

Key to the shift are hefty tax exemptions for both electric vehicles imports and imports of parts and equipment to build the cars in Pakistan.



That has helped make the vehicles more affordable, industry figures said, as Prime Minister Imran Khan's government pushes ahead with its plan to cut carbon emissions and urban pollution.

The general sales tax on locally manufactured electric cars - those with batteries holding less than 50-kilowatt hours (kWh) of power - has dropped from 17% to nearly zero, said Asim Ayaz, general manager of the government's Engineering Development Board (EDB).

At the same time, the customs duty on imported electric car parts - such as batteries, controllers and inverters - is down to 1%.

The duty on importing fully built electric cars also has fallen from 25% to 10% for one year, Ayaz told the Thomson Reuters Foundation.

Officials say the tax relief is a big step toward implementing Pakistan's National Electric Vehicle Policy, originally passed by the cabinet in November 2019.


It aims to put half a million electric motorcycles and rickshaws and 100,000 electric cars, vans and small trucks into the transportation system by 2025.

"Definitely the tax exemptions make the price point (on electric vehicles) competitive," said Malik Amin Aslam, the special assistant to the prime minister on climate change.

"It makes it extremely attractive for the customer to go electric."

Aslam said if about a third of new cars sold run on electricity by 2030, as envisioned, Pakistan could see a big drop in climate-changing emissions and pollution.


Electric vehicles currently produce 65% fewer planet-warming gases than those running on fossil fuels, he said.

Pakistan ranks second, behind Bangladesh, according to a list of nations with the worst air quality compiled last year by IQAir, a Swiss group that measures levels of lung-damaging airborne particles known as PM2.5.

In Punjab, Pakistan's most populous province with Lahore as its capital, transport accounts for more than 40% of total air-polluting emissions, followed by industry and agriculture, according to a 2019 study by the United Nations' Food and Agriculture Organization.

Shaukat Qureshi, general secretary of the Pakistan Electric Vehicles and Parts Manufacturers and Traders Association, said the new tax cuts mean savings of up to 500,000 rupees ($2,900) on imported small electric vehicles.

Tax breaks kick Pakistan's electric car shift into higher gear

https://www.reuters.com/business/cop/tax-breaks-kick-pakistans-elec...

Shaukat Qureshi, general secretary of the Pakistan Electric Vehicles and Parts Manufacturers and Traders Association, said the new tax cuts mean savings of up to 500,000 rupees ($2,900) on imported small electric vehicles.

He said many members of the association have used the incentives to order them for the first time.

There are no reliable figures on how many electric cars local importers have ordered brought into the country since the government announced the exemptions.

But in his other role as chief operating officer of car company Zia Electromotive, which imports and manufactures electric vehicles, Qureshi said he has ordered 100 small electric cars from China and plans to import 100 more every month after that.

Pakistanis - like many other people around the world - have historically been reluctant to switch to electric vehicles for reasons ranging from higher costs to lack of charging infrastructure and "fear of the unknown", said Ayaz at the EDB.

The tax cuts help remove the cost obstacle, he said - and could help create about 20,000 new jobs in the auto industry as Pakistani car companies start manufacturing electric cars, he predicted.

The charging infrastructure issue remains, though some companies have already established charging stations in big cities and along motorways.

Climate change and development expert Ali Tauqeer Sheikh said the government should encourage the private sector to install more charging stations near offices, homes and parking lots.

To overcome worries that electric vehicles may have no resale value, car manufacturers and dealers could offer buy-back guarantees, he added.

But, Sheikh said, simply selling more electric cars is not enough to tackle Pakistan's emissions and air pollution, since the total number of vehicles being sold - mainly traditional cars - is still growing every year.

He said the government needs to push to completely phase out fuel-run and hybrid vehicles by increasing taxes on them and provide affordable bank loans for people looking to buy electric.

"Poor people who use motorbikes and rickshaws deserve to have more electric vehicles on the roads to cut air pollution," he said.

Chinese company announces to establish EV plant in Karachi

https://arynews.tv/chinese-company-announces-to-establish-ev-plant-...

The ‘Gauss Auto Group,’ a Chinese corporation, has announced to construct electric vehicle (EV) plant in Pakistan’s special economic zone near Port Qasim in Karachi.

The company would enter into a Joint Venture (JV) with AKD Group Holdings (Pvt.) limited and set up the plant near Port Qasim, Karachi on around 1000 acres of land.

The development comes after a delegation led by Mr. Chen Feng, CEO Gauss Auto Group and CEO AKD Group Holding, Mr. Nasir Rizwan visited the Board of Investment (BOI) and held a detailed meeting with the Federal Minister Board of Investment Chaudhry Salik Hussain and Secretary BOI Ms. Fareena Mazhar.

The delegation also highlighted their intention to export their locally produced EVs from Pakistan to other countries. The organization delivered a comprehensive presentation of their production plant and apprised BOI leadership on the variants of the vehicles they are already producing.

Secretary BOI briefed the delegation about Pakistan’s recently launched Electric Vehicle policy which offers benefits to both; existing and new manufacturers.

BOI leadership encouraged Gauss Auto Group to invest in auto sector of Pakistan and extended maximum support and facilitation to the company.

It is pertinent to mention here that Gauss Auto is an enterprise focusing on the innovation and development of automobiles and the integration of resources. The company is registered in Silicon Valley, California, and operates in Shanghai, China.

It is pertinent to mention here that the federal cabinet on Dec.22, 2021 had approved Pakistan’s first Electric Vehicle Policy.

Pakistan: How cheap is 'cheap electric car'? - BBC URDU

https://youtu.be/TsK-vBZEusY

پیٹرول سے نجات، ٹچ گیئر اور لیدر سیٹس۔۔۔ یہ پاکستان میں متعارف کروائی جانے والی الیکٹرک کار کی چند خصوصیات ہیں۔ اس کار کی چارجنگ کتنی دیر میں ہوتی ہے اور اس پر کتنا خرچہ آتا ہے، جانیے ہماری ویڈیو میں۔۔۔

This Fully Localized Electric Rickshaw is Roomier Than Wagon R

https://propakistani.pk/2022/07/30/this-fully-localized-electric-ri...

According to a company representative, MUVA electric rickshaws are made in Pakistan completely from scratch at their state-of-the-art facility in Lahore.

Pakistan Auto Show (PAS) 2022 saw participation from numerous promising prospects. One such up-and-comer is YES Electromotive — a fully indigenous electric vehicle (EV) maker that seeks to launch MUVA electric rickshaws in Pakistan.

The company is still fine-tuning the product through testing and extensive research and development before officially launching these rickshaws in the market, the representative said.

Short for Modular Utility Vehicle Architecture, MUVA covers a development program for light commercial vehicles. These tiny EVs will serve the same purpose as a conventional rickshaw, but with zero tail-pipe emissions and at almost 7-times less running cost than a petrol-powered three-wheeler.

MUVA electric rickshaw is an ultra-light commercial EV that seats a driver and three passengers. It has a maximum payload capacity of 300 KGs and a curb weight of 450 KGs. It has a single permanent magnet electric motor that makes up to 10.7 horsepower.

The company representative added that the MUVA rickshaw will be sold as a commercial EV only and that the company will aim for fleet sales. He added that YES Electromotive also seeks to adopt a ride-hailing service operating model, whereby the riders will be able to summon these rickshaws via a mobile app.

YES Electromotive is shaping up to be a promising addition to Pakistan’s public transport sector. Stay tuned for more details.

Finding EV batteries
We never learnt how to make engines so why not try our hand at batteries. Only this time, not for ourselves.


https://profit.pakistantoday.com.pk/2022/11/14/finding-ev-batteries-2/

Profit talked to a source at the Geological Survey of Pakistan, who on the condition of being anonymous, did tell us that there were various sites that had been identified with potential lithium reserves. Profit also reached out, persistently might we add, to Ahsan Iqbal, the Federal Minister of Planning & Special Initiatives. Sadly, we could not obtain a comment. Thankfully, his rejection indicates that there may actually be fire to the smoke because a flat rejection is very easy to give. More importantly, Pakistan has been touted to have lithium reserves as far back as 2005 based on a report by the Pakistan Bureau of Statistics.

These reserves were touted to be in Chitral and in Gilgit-Baltistan, but we just never got around to exploring them. Why? A mixture of a lack of finances and aforementioned areas being subject to an insurgency movement not too long ago. Most importantly, these areas in Pakistan are not random places on the map by any means. They, alongside Afghanistan, are part of the Kafiristan Valley. What is the importance of this? Afghanistan is projected to have the largest lithium deposits in the world. And where in Afghanistan are they? Afghanistan’s Nuristan province is touted as one potential destination. It also borders Chitral and Gilgit-Baltistan, and thus we come full circle. So let us tell you why Pakistan will squander this entirely.

Haval, Pakistan’s most technologically advanced company as of right now, chose to build a hybrid electric vehicle rather than an electric vehicle. This is very important, and very concerning. Why do we say this? Because Sazgar, Haval’s parent in Pakistan, does have access to electric vehicles through its arrangements with China’s Haval and BAIC. Yet, they chose not to. Why? “Pakistan is currently not ready for an electric car but it is ready for a hybrid electric one.” Ammar Hameed, Director at Sazgar Engineering Works, told Profit. Now why does Hameed believe that to be the case?

“Electric vehicles are not possible in Pakistan because you need to first install charging points across the country. It’s currently not feasible to own an electric car. They are good for driving within a city but you would find it hard to travel for example from Lahore to Islamabad. They are adding charging stations on the motorway but you will have a shortage of chargers as more EVs come on the road,” Hameed told Profit. “You’ll have to wait half an hour to charge your car. Even with a supercharger, it will take 15-20 minutes to charge. Now imagine there are only two chargers on the motorway and you have four to five cars that need to be charged.” Hameed continued. He is not alone in his concerns

“People do not have the assurance e.g. When I go as a consumer to buy a vehicle, I would like to go from here to Islamabad to Multan to Bahawalpur in one go,” Dr Naveed Arshad, Associate Professor at LUMS told Profit. What does this lack of assurance mean? It means lower potential sales. What do fewer sales mean? Fewer companies want to actually launch electric vehicles. Now what is the importance of this, apart from wanting to find a more affordable alternative to the E-Tron? Lack of interest from the government, and likely subsequent governments to come. Profit understands that this is a sweeping statement so, therefore, let’s contextualise it by explaining how the State approaches industrial policy.

BEIJING: In a move to better investigate and research lithium reserves in Pakistan, a strategic agreement was signed between the China-Pakistan Joint Research Centre on Earth Sciences and Tianqi Lithium Co. at an international conference on lithium battery industry held in Sichuan China, as per a statement by the China-Pakistan Joint Research Centre on Earth Sciences.

https://mmnews.tv/chinese-company-to-explore-lithium-resources-in-p...

The strategic agreement says that both parties will collaborate on the research and application of lithium resources in Pakistan. Efforts will also go to personnel training and academic exchanges to develop joint research on lithium resources in the country, CEN reported.

Lithium reserves have emerged as an important source in the electronic vehicle (EV) industry around the world including Pakistan since the resources are the main raw material of EV battery, which takes up a sizeable portion of EV production cost.

According to Volza’s lithium imports data in Pakistan, Pakistan imports most of its lithium products including lithium primary cells and batteries from countries such as China, the United States and Germany.
Last year, Pakistan devised the Automotive Industry Development and Export Plan (AIDEP 2021-26) with an aim to boost the local EV industry, bring related manufacturing locally and also reduce the use of fossil fuel.

Headquartered in China’s southwestern province of Sichuan, Tianqi Lithium is a global leader in developing and manufacturing lithium products, notably developing lithium-ion battery technologies for application in the electric vehicle and energy storage industries.

New players eye Pakistan’s growing hybrid, electric vehicles market

https://www.dawn.com/news/1827302

As the auto market continues to grow in Pakistan, new players are setting their sights on introducing hybrid as well as electric vehicles (EVs) in the country, and one of the largest automakers has announced its entry into Pakistan.

The BYD Group of China has recently announced its entry into the passenger vehicle market in Pakistan in collaboration with Mega Conglomerate Pvt Ltd, the parent company of Hub Power and Haleeb Foods.

During a signing ceremony recently held in China, Aly Khan, executive director of Mega, highlighted plans to promote EV adoption in Pakistan.”

He stated that three BYD showrooms would be established in Karachi, Lahore, and Islamabad in 2024. The move is expected to accelerate the electrification of Pakistan’s automotive industry, which has largely been based on petroleum fuel.

Meanwhile, a senior official of the Ministry of Industries and Production said that BYD and Mega have not applied for the licence to establish an assembly plant in Pakistan. It is more likely that the company and the local partner would import the vehicles into Pakistan, as other EVs, including some European brands, are being sold in the country.

There are several models of EVs and hybrid electric cars in the country, but currently, only the Indus Motor Company is manufacturing a hybrid electric vehicle (HEV) — the Toyota Corolla Cross, while two new entrants are assembling hybrid vehicles.

Ali Asghar Jamali, chief executive officer of Indus Motor Company, said that the auto sector was transforming towards reducing dependency on fossil fuels, which was especially important in countries where petroleum fuel was imported.

However, Mr Jamali added that, considering Pakistan’s current energy landscape, there are challenges in introducing battery electric vehicles (BEVs), as there is heavy reliance on petroleum fuel, which hinders the immediate adoption of BEVs.

“The HEV technology presents a practical and efficient solution in the current scenario, as electricity and electric chargers are not available everywhere,” he added.

Possibly due to these infrastructure hurdles, mostly related to the lack of charging ports and continuous availability of electricity, the National Electric Vehicle policy introduced in November 2019 has failed to attract any single four-wheeler EV assembler in the country.

Responding to the query, Asim Ayaz of Engineering Development Board, an attached department of the Ministry of Industries and Production, said that 34 licences have been obtained by two and three-wheeler manufacturers.

He acknowledged that issues related to the launch of EV vehicles in the country, such as the lack of financing for customers as EVs are more expensive due to the higher cost of batteries, but added that the ministry is proposing to have an EV charging station at every gas station to enhance the availability of charging options.

Two local players, Haval of Sazgar Engineering Works Ltd, and Hyundai Nishat Motors, are already assembling hybrid vehicles, while the third local player is also set to enter the non-conventional vehicle market of Pakistan on a larger scale.

Since they have the grace period up to June 2026 under the Greenfield option, these companies were only assembling vehicles in the country.

Apart from cars, Sazgar is a key player in manufacturing electric auto rickshaws in the country, and in late 2022, Haval introduced Pakistan’s first locally assembled hybrid electric vehicle. Later in October 2023, Hyundai Nishat introduced its hybrid car.

On the other hand, MG Pakistan has decided to enter the market on a larger scale with all three categories of the new energy vehicle (NEV) class.

These include hybrid vehicles that have inbuilt charging, the other category is the plug-in charging where the vehicles operate on fossil fuel and have the option for plug-in charging too in case of fuel shortage, and the third category is the electric vehicle.

EV Giant BYD Plans to Build Karachi Plant as Part of Entry into Pakistan – BNN Bloomberg

https://www.bloomberg.com/news/articles/2024-08-15/ev-giant-byd-pla...

Workers assemble a BYD Co. Dolphin compact hatchback electric vehicle inside the company's new plant in Nikhom Phatthana, Rayong province, Thailand, on Thursday, July 4, 2024. BYD's shares have defied heavy losses in EV stocks around the world to gain more than 6% in Hong Kong this year thanks to the introduction of the fifth generation of its plug-in hybrid drive system in May. Photographer: Valeria Mongelli/Bloomberg (Valeria Mongelli/Bloomberg)

(Bloomberg) -- Chinese electric carmaker BYD Co. plans to build a factory in Karachi with a local partner to capture a share of Pakistan’s growing EV market, according to a person familiar with the matter.The company will reveal three models it plans to sell in Pakistan, including an SUV and a sedan, at its brand launch on Saturday, said the person, who asked not to be identified due to rules on speaking to media. BYD aims to introduce additional models, including both battery-electric and plug-in hybrid vehicles, to the market at a later date. A BYD spokesperson confirmed it planned to enter the market with battery-electric and plug-in hybrid vehicles but declined to comment on its plans to invest in a factory in Pakistan and other details. Pakistan is the world’s fifth-largest nation by population that has seen Chinese companies including Great Wall Motor Co., SAIC Motor Corp. and Chongqing Changan Automobile Co. enter the market in recent years and compete with Japanese companies including Toyota Motor Corp and Honda Motor Corp.’s local units. EV sales are still marginal in Pakistan relative to total auto sales.BYD has teamed up with one of Pakistan’s largest business groups, Mega Conglomerate Pvt., in a partnership deal that goes beyond the usual dealership model they have in most markets, the person said. The Chinese company will be working in a joint venture with Mega Motors, a subsidiary of Hub Power Co., Pakistan’s largest independent electricity producer.
The factory will be set up near Karachi’s Port Qasim area that houses assembly plants for other automobile companies including Toyota, Suzuki Motor Corp. and Kia Corp.’s local units. It will be completed in the first half of 2026 with exact details of the plant still under discussion, according to the person.BYD will set up showrooms in Karachi, Lahore and Islamabad to start selling in the fourth quarter this year, said the person.China’s best-selling car brand, which sold three million units in 2023, is making a big push especially in Southeast Asia, Europe and Latin America, to capitalize on its status as a top EV and hybrid maker.The Shenzhen-based firm, which has a presence in more than 80 countries, has signed deals with Hungary, Turkey and Brazil to start EV production. Its first factory outside of China opened in Thailand last month.

Faseeh Mangi
@FaseehMangi
Changan launches EVs in Pakistan

The cars were designed in Italy by designers who worked on Buggati and Lamborghini Urus

Deepal L07 and S07 are priced at 15.5m-16.5m rupee

https://x.com/FaseehMangi/status/1824347849758302478

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DEEPAL: Changan Motors unveils electric-first brand in Pakistan

https://arynews.tv/master-changan-motors-unveils-electric-first-bra...

KARACHI: Master Changan Motors Limited (MCML), a joint venture between Master Group of Industries and Changan International, unveils Changan’s electric-first brand, DEEPAL on August 16th, 2024, at Dolmen Mall Clifton, Karachi. Customers can have first-hand experience and test drive cars at Dolmen Mall until the 25th of August.

MCML unveiled the brand Deepal with 2 models, L07, the pure electric sports luxury sedan and S07 the pure electric premium SUV. Both cars offer thrilling 250 HP and 320 Nm of instant torque, going from 0-100 km/hr in just 5.9 seconds. The Ternary Lithium battery by CATL has a capacity of 66.8 kWh and provides an exceptional range of up to 540 km in L07 and 485 km in S07. The cars are designed in Italy in Changan’s R&D center and have won the German RedDot design award in 2023 with its head-turning futuristic design language.

The indicative introductory price announced is comparable to other cars with gasoline engines (both ICE & Hybrids). MCML is offering a complementary fast home charger of 7kW with every car that can charge in 5-8 hours.

The word DEEPAL signifies Deep Friendship (Pal), the brand was born from a joint partnership between three global giants: Changan, Huawei, and CATL who join hands to create best value for customers using economies of scale. Changan, one of China’s largest and oldest automobile brands developed the EV-first EPA-01 platform. Huawei contributes with its advanced Harmony OS intelligent software using the Snapdragon 8155 processor, while CATL, the world’s leading battery manufacturer, provides the Ternary Lithium battery with 99% SOC accuracy virtually eliminating the range anxiety.

41% of Pakistan’s energy mix is based on non-fossil fuel energy generation, on the other hand the oil import bill of USD 15.16bn is Pakistan’s largest imported commodity that has the most burden on the country’s foreign reserves. It makes

Tesla's Chinese Rival BYD Set To Electrify Pakistan: To Open New EV Plant and Showrooms - BYD (OTC:BYDDY) - Benzinga


ZINGER KEY POINTS
BYD will build an EV plant near Karachi's Port Qasim and open showrooms in Karachi, Lahore, and Islamabad.
The new factory, expected to be completed by mid-2026, marks BYD's strategic entry into Pakistan’s growing but small EV market.

https://www.benzinga.com/markets/equities/24/08/40419284/teslas-chi...

BYD Co., Ltd. BYDDY is reportedly set to establish an electric vehicle (EV) plant in Pakistan as part of its strategy to grow its presence in the global auto market.

At its brand launch on Saturday, the company will display three models it plans to sell in Pakistan, including an SUV and a sedan, reported Bloomberg.

BYD plans to launch new models, including battery-electric and plug-in hybrid vehicles, to the market later.

A BYD spokesperson confirmed to Bloomberg that the company plans to enter the market with battery-electric and plug-in hybrid vehicles but declined to comment on the factory investment in Pakistan and other specifics.



BYD Co., Ltd. BYDDY is reportedly set to establish an electric vehicle (EV) plant in Pakistan as part of its strategy to grow its presence in the global auto market.

At its brand launch on Saturday, the company will display three models it plans to sell in Pakistan, including an SUV and a sedan, reported Bloomberg.

BYD plans to launch new models, including battery-electric and plug-in hybrid vehicles, to the market later.

A BYD spokesperson confirmed to Bloomberg that the company plans to enter the market with battery-electric and plug-in hybrid vehicles but declined to comment on the factory investment in Pakistan and other specifics.

China's BYD plans car plant in Karachi as part of Pakistan entry | Reuters


https://www.reuters.com/business/autos-transportation/chinas-byd-pl...

KARACHI, Aug 17 (Reuters) - Chinese electric vehicle giant BYD (002594.SZ) on Saturday announced plans to open a car production plant in Pakistan, where it will also start selling three models through a partnership with Mega Motors.
BYD is the first major new electric vehicle (NEV) entrant in the Pakistani market, where there is a lack of charging infrastructure.
"Our entry into the Pakistani market is not just about bringing advanced vehicles to consumers," said Liu Xueliang, BYD's general manager for Asia Pacific.
"It's about driving a broader vision of environmental responsibility and technological innovation."
BYD also plans to open three "flagship stores and experience centres" in Karachi, Lahore and Islamabad, the company said at a launch event in Lahore, adding it plans to start selling two SUV models and a sedan from the fourth quarter of 2024.
Mega Motors is a unit of Pakistan's largest private utility Hub Power Co Ltd (HPWR.PSX), known as Hubco.
"We will establish Pakistan's first NEV assembly plant... dedicated to producing BYD's cutting-edge new energy vehicles," said Hubco Chief Executive Kamran Kamal, who described the deal as a "landmark investment".
The new plant will begin operations in 2026, Kamal told Reuters.
Hubco will setup fast-charging stations across major cities, motorways and highways to enhance Pakistan's charging infrastructure.

EVs’ manufacturing licenses: two, three wheelers take front seat in Pakistan - Technology - Business Recorder


https://www.brecorder.com/news/40273844

In Pakistan, 32 companies have so far received manufacturing licenses under the Electric Vehicles (EVs) Policy 2020–2025 and all of them are two and three wheeler manufacturers, a govt official told Business Recorder on Friday.

No four wheel manufacturer has approached the government till date for the license under EVs policy, said Asim Ayaz, General Manager Policy, Engineering Development Board (EDB).

“One or two companies are working on EV four wheelers. However, no formal request has been received so far for the licenses,” he said. “We believe that EV penetration will be more in 2-3 wheelers, which shows the interest of manufacturers. And it will happen at a fast rate.”

The electrification of 2-3 wheelers would be followed by cars, but at a slower rate, he added. “Electrification of cars will be followed by buses on fixed routes.”

According to the Ministry of Climate Change, the transport sector is the leading factor in the deterioration of environmental conditions with a share of 43% in Pakistan’s current environmental woes. Pakistan is one of the most affected countries due to climate change.



To put things in perspective, there are 26,884,786 registered motorcycles (two-wheels) in Pakistan; 1,001,860 three-wheelers; 4,499,423 four-wheel vehicles, according to Pakistan Economic Survey 2022-23. The total registered vehicles including two-, three-, four-wheels, buses and trucks on Pakistan roads are 34,907,449. The number includes all vehicles registered till September 2022.

The government of Pakistan approved an ambitious National Electric Vehicles Policy (NEVP) in 2019 that aimed at seeing electric vehicles take 30% share of all the passenger vehicle and heavy-duty truck sales by 2030, and 90% by 2040. Meanwhile, a more ambitious goal was set for two- and three-wheelers and buses at 50% of new sales by 2030 and 90% by 2040.

“There’s slow progress in that direction. At the present pace, the targets set for 2030 will be missed by a big margin,” said Dr Aazir Anwar Khan, Founder and Director Integrated Engineering Centre of Excellence (IECE), University of Lahore.

However, an official of the Ministry of Climate Change disagreed and said the electrification of automobiles was gradually gathering pace.

“You’ll see electric buses in Karachi and now electric bikes and EVs are not rare sights anymore,” said the official, on condition of anonymity.

What’s happening on the ground?

Electric bikes and cars are now making it to showrooms in Pakistan. One can now see an electric bike, e-tron – a high-end electric car or an electric bus every now and then. It’s not a rarity anymore.

At Karachi’s main two-wheel – motorcycle market Akbar Road, Sabir Sheikh, who owns half a dozen shops, is already seeing behavioral change of buyers.

“Motorcycle buyers have started to inquire about electric bikes, scooty, and scooters options. I believe many have postponed buying a normal two-wheeler with expectations that an electric two-wheel model may soon enter the market that is closer to their need,” said Sheikh, who is also the Chairman, Association of Pakistan Motorcycle Assemblers (APMA).

Sheikh said he also plans to start his own company to manufacture two-wheel EVs, assembler them, and also sell the electric bikes. He has run a motorcycle manufacturing company with the name Sitara in the past.

Sheikh is already selling electric scooters at his shops.

Transitioning to electric bikes

Sources privy to the matter said the ministry of climate change is the secretariat of electric vehicles policy, which can incentivise the sector for faster adoption.

Meanwhile, Aazir Khan has been an advocate for widespread EV adaption and removal of fiscal barriers on its offering to the public through scoping and advocacy studies under the Pakistan EV oversight committee.

Planned assembly plant in the country would mark carmaker’s first venture into south Asia as it expands globally

https://www.ft.com/content/bf1e6817-5313-4b6e-8e47-9e2960d30ecc

Chinese electric-car maker BYD’s expected expansion into Pakistan has raised hopes in the country that the Warren Buffett-backed company can help jump-start exports in the automotive manufacturing sector. Pakistan’s biggest private electricity producer Hub Power (Hubco) said last month that its subsidiary Mega Motor was entering a partnership with the Tesla rival to set up the country’s first electric vehicle assembly plant by 2026. BYD’s Pakistan plan would mark the company’s first venture into south Asia after being blocked in India by Prime Minister Narendra Modi’s government, which has restricted Chinese investment. Hubco’s chief executive Kamran Kamal said in an interview with the Financial Times that the ultimate goal was for Pakistan to start exporting vehicles from the plant near Karachi’s Port Qasim. “We have big ambitions to be the leading carmaker in this country by the end of the decade,” said Kamal. “For any industry in Pakistan to be competitive, they should be focused on the export market.” Pakistan’s finance minister Muhammad Aurangzeb said the government was encouraging BYD to export to markets in Africa and south Asia, including Bangladesh and Sri Lanka. Trade between India and Pakistan has been reduced since 2019 after a security crisis between the two countries. “We want that Pakistan becomes an export hub, period,” Aurangzeb said in a separate interview with the FT. “Korean brands are here, the Japanese brands have been here . . . but the reality is we haven’t been exporting.” BYD said details of its Pakistan plans had yet to be formally announced and declined to comment further. The company’s expansion into south Asia comes as it is also establishing factories in Turkey, Hungary, Thailand and Brazil. BYD has also been scouting locations for a new factory in Mexico. The carmaker is expanding its manufacturing footprint beyond China as countries impose increasing tariffs on Chinese exports, including on EVs, solar panels and wind turbines. Tu Le, founder of consultancy Sino Auto Insights, said the aggressive international expansion plans would help BYD export to fast-growing markets despite tariffs in the US and Europe. But he warned that BYD should not expect the same “unfettered growth” the company has enjoyed in China as it learns to manage factories in different countries. “Chinese companies are used to having a lot of control. What they are going to find is that due to labour laws, different work ethics, different cultures, they’re going to have a lot less control than they normally would,” he said. Recommended The Big Read The ambitions of China’s BYD stretch well beyond electric vehicles Hubco is a joint venture partner for a number of Chinese power projects established under the China-Pakistan Economic Corridor, a $60bn infrastructure network that is part of Beijing’s Belt and Road Initiative. The company has no prior experience manufacturing vehicles but it aims to use its extensive power generation network to set up EV charging infrastructure throughout the country of 240mn people, Kamal said. The exact size of the investment and the types of models that will be assembled in the Karachi plant “are being discussed”, he said. Hubco said it expected to sell 100,000 BYD plug-in hybrid and fully electric cars in Pakistan a year by 2030, representing about a quarter of total cars sold in Pakistan, according to the company’s estimates.

Competition for producing new energy vehicles (NEVs) has intensified as Sazgar Engineering Works Ltd (SEWL) plans to introduce the completely knocked down (CKD) model before Dec 31, 2025.

https://www.dawn.com/news/1860776

In a stock filing on Monday, SEWL said the board of directors had approved the plan, which includes the expansion of the existing paint shop, construction of new warehousing facilities, installation of a solar system of 4-megawatt and construction, erection, installation of new manufacturing facilities for the local assembly of NEVs subject to the approval of relevant government regulatory authorities.

The board also approved an estimated expansion cost of Rs4.5 billion, excluding land, which will be financed from the internal cash resources.

SEWL’s profit swelled by 697pc to Rs7.94bn in FY24 from Rs995m in FY23. Net sales rose to Rs57.6bn from Rs18bn.

The board also recommended a final cash dividend of Rs12 per share in addition to the interim already paid at Rs8 per share.

Besides Sazgar, Dewan Farooque Motors Ltd (DFML) last week said it had started production of EVs at its assembly plant after receiving approval from the Engineering Development Board (EDB).

China’s electric vehicle leader, BYD, has also announced plans to test the potential of EVs in Pakistan. Master Changan Motors Ltd has also launched its EV vehicles — Deepal L07 sedan and Deepal S07 SUV in Karachi — now available at the company’s 18 dealership network across 12 cities.

Pakistan Aims to Slash Power Prices for EV Charging Stations

https://finance.yahoo.com/news/pakistan-aims-slash-power-prices-110...

(Bloomberg) -- Pakistan is looking to stimulate demand for electric vehicles by reducing power prices at charging stations, as the country attempts to kickstart the decarbonization of its transport sector.

The South Asian nation will create demand “by bringing down drastically the prices for new sectors including EVs,” Power Minister Awais Leghari said in an interview. The government is discussing a pricing structure and the incentive would apply to all charging and battery swapping stations for small cars, two-wheelers and three-wheelers, he added.



More than half a dozen auto companies, led by Chinese brands, have launched EV models in Pakistan this year. Chinese EV maker BYD’s local partner Hub signed an agreement with the country’s largest fuel retailer, Pakistan State Oil, this month to jointly establish an EV charging network across the nation.

Meanwhile, the country has seen a drop in electricity demand while prices have soared and the government has had to secure loans from the International Monetary Fund.

As part of the $7 billion loan requirements, the government is working on a flurry of reforms to restore the energy sector’s viability. The nation is in talks to revise purchase contracts with local power companies and reprofiling debt with Chinese lenders.

Prime Minister Shehbaz Sharif’s administration also wants to move away from the existing model of the government being the sole buyer of electricity, and create a wider market, Leghari said.



The independent market operator system will be functional by March and broader trade is expected to pick up within a year, he said.

Pakistan rolling out a green carpet for global EV makers - Asia Times

https://asiatimes.com/2024/12/pakistan-rolling-out-a-green-carpet-f...

Pakistan’s New Energy Vehicle (NEV) policy targets 30% electric vehicle (EV) adoption for new vehicles by the end of 2030 and envisions a gradual transition to a zero-emission road fleet by 2060, positioning itself as an emerging player in the global EV market.
In January, China’s BYD partnered with Habibullah Khan to enter Pakistan’s market. Khan’s holding company, Mega Conglomerate, owns Hub Power Company, one of the largest independent power producers (IPPs) in the country. The announcement said the BYD vehicles would be imported rather than produced domestically.

An EV boomlet has followed. Pakistan’s Nishat Group announced its automobile division would debut an EV with South Korea’s Hyundai, while another private enterprise issued a statement committing a US$250 million investment in Pakistan’s EV market.

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While US and UK EV makers face increasingly difficult situations in their home countries, local partnerships with Pakistan-based companies could make strategic sense.

“We’re offering a range of incentives, including tax breaks, subsidies, and investment in infrastructure development,” said Minister Leghari.

“We’re also establishing a one-stop shop for investors, providing them with all the necessary information and support to set up their businesses in Pakistan. Our goal is to create a level playing field for all investors, regardless of their country of origin,” he said.

While EV demand is stalling in some Western countries, it’s growing robustly in Pakistan. And Pakistan’s geographic location connects with South Asia, Central Asia and the Middle East, providing a gateway not just to Pakistan but to many other countries just starting to adopt EVs.

“Our goal is to create a competitive and business-friendly environment that encourages global automakers to set up their manufacturing facilities in Pakistan and export to regional markets,” Leghari said.

To promote EV manufacturing investment, the government is providing NEV-specific technology zones at reduced cost space, leasing options and green loans. Other financial incentives will include a 1% customs duty on NEV parts and 10% on complete NEV imports until 2027, along with sales tax exemptions for locally manufactured components.

Other incentives include a reduced goods and services tax rate of 1% for EVs, low electricity tariffs and an import duty of only 1% for charging equipment.

Leghari says his ministry is exploring more incentives, such as offering lower financing rates from the state bank to attract global automakers facing challenges in their home markets.

While the prospects for Pakistan’s EV market are promising, there are still several challenges and risks. Like elsewhere, one major hurdle is the lack of charging stations, which obviously is crucial for the widespread EV adoption.

Leghari said the government is promoting public-private partnerships to invest in the development of charging infrastructure. The ministry is also working on standardizing EV charging stations and providing incentives for their installation.

China’s ADM Group announces $250 million investment to set up EV manufacturing plant in Pakistan

https://www.arabnews.com/node/2587338/pakistan

ISLAMABAD: China’s ADM Group will invest $250 million to set up an electric vehicle manufacturing plant in Pakistan, state media reported on Wednesday, as Islamabad seeks for Beijing to collaborate in setting up industrial zones to manufacture electronic cars.

The government of Pakistan approved an ambitious National Electric Vehicles Policy (NEVP) in 2019 with the goal of electric vehicles comprising 30 percent of all passenger vehicle and heavy-duty truck sales by 2030, and an even more ambitious target of 90 percent by 2040. For two- and three-wheelers, as well as buses, the policy set a goal of achieving 50 percent of new sales by 2030 and 90 percent by 2040.

“Chinese Company ADM Group has announced an investment of two hundred and fifty million dollars to set up an EV manufacturing plant in Pakistan,” Radio Pakistan reported, saying the initiative was part of efforts by the Special Investment Facilitation Council set up last year to attract foreign investment.

“Transition to EVs is expected to cut fuel import costs, saving billions of dollars.”

Last year, ADM Group announced an investment of $350 million in Pakistan’s EV sector, saying it would establish more than 3,000 electric vehicle charging stations across the South Asian country.

Earlier this month, Pakistan said it would cut the power tariff for operators of electric vehicle charging stations by 45 percent as part of the ongoing reform of the energy sector designed to boost demand. The government is also planning to introduce financing schemes for e-bikes and the conversion of two- and three-wheeled petrol vehicles.

The cabinet on Jan. 15 approved a reduced tariff of 39.70 rupees ($0.14) per unit, down from 71.10 rupees previously, which will be in place within a month. The government expects an internal rate of return of more than 20 percent for investors in the sector.

According to a report submitted to the government by power ministry adviser Ammar Habib Khan and reported by Reuters, there are currently more than 30 million two- and three-wheeled vehicles in Pakistan, which consume more than $5 billion worth of petroleum annually.

The ministry plans to convert 1 million two-wheelers to electric bikes in a first phase, at an estimated net cost of 40,000 rupees per bike, according to the report, saving around $165 million in fuel import costs annually.

BYD Pakistan, a partnership between China’s BYD and Pakistani car group Mega Motors, told Reuters in September that up to 50 percent of all vehicles bought in Pakistan by 2030 will be electrified in some form in line with global targets.

Pakistan seeks Swedish green fund assistance

https://tribune.com.pk/story/2524076/pakistan-seeks-swedish-green-f...

Federal Minister for Power Awais Ahmed Khan Leghari has invited Sweden Green Fund to assist in conversion of Pakistan's small vehicles into electric technology by providing technical and financial assistance, which will support Pakistan's recent record reduction in tariffs for electric vehicle (EV) charging stations.

The minister put forward the proposal in a meeting with Swedish Ambassador Alexandra Berg Von Linde on Thursday.

Elaborating on the proposal for the conversion of existing fossil fuel vehicles, especially motorcycles, Leghari said that currently there were over 30 million motorcycles in Pakistan and people falling in that income group had a very good record of retiring loans.

He suggested that the Swedish and EU green fund could consider providing interest-free loans through Pakistani banks, which had put in place a very robust system. Highlighting the current energy mix and the importance of renewable energy, the power minister said that last year 55% of the overall electricity generation in Pakistan came from renewable energy.

"Pakistan is fully committed to promoting renewable energy and in this regard the Power Division is carefully chalking out policies to provide affordable and sustainable electricity to consumers," he stressed. Leghari pointed out that Pakistan was reviewing the Indicative Generation Capacity Expansion Plan (IGCEP) to ensure the integration of energy into the national grid on a least-cost basis in order to optimise the country's energy resources for maximum economic impact.

The ambassador said "seventy five years of diplomatic relations between Pakistan and Sweden were celebrated last year. This reflects the strength and depth of our bilateral ties."

She highlighted that Swedish firms operating in Pakistan were keen on securing green energy supply and Sweden was ready to share expertise and provide technological support. The textile sector of Pakistan, being a primary exporter to the European Union, was focusing on growing its global competitiveness in terms of renewable and sustainable energy, the ambassador said. She underscored Sweden's leadership in renewable energy as it produced 70% of energy from renewable resources, showcasing how economic development and green energy could coexist seamlessly.

Yadea Pakistan targets 20% EV market share by 2025


https://www.thenews.com.pk/print/1275355-yadea-pakistan-targets-20p...


LAHORE: Yadea, the world’s largest producer of electric two-wheelers, unveiled four innovative electric vehicle (EV) models on Wednesday, including the GT 30, as part of its ambitious plan to capture 20 per cent of the country’s EV market by 2025.

Speaking at the launch event, Managing Director of Yadea Pakistan Muhammad Salman highlighted the country’s potential for substantial growth in the EV sector. He attributed this to rising environmental awareness, escalating fuel prices and supportive government initiatives promoting green mobility. Industry projections indicate that the country’s EV market could grow by over 80 per cent by the end of next year, with two-wheelers leading the charge due to their affordability and practicality for urban commuting.

Wave Tech to Establish Pakistan's First Lithium Battery Manufacturing Plant


https://propakistani.pk/2025/01/28/wave-tech-to-establish-pakistans...

Wave Tech has announced its plan to set up Pakistan’s first-ever lithium battery manufacturing plant at the Malir Industrial Park (MIP) in Karachi, with a substantial Foreign Direct Investment (FDI) of $200 million.

The construction of this state-of-the-art facility is set to commence in December 2025, and battery production is expected to start by mid-2026.

This groundbreaking initiative aims to phase out oxide batteries in Pakistan, contributing to the country’s transition towards modern and sustainable energy solutions.

The Malir Industrial Park (MIP), a flagship project of the Pakistan Economic Zones Development and Management Company (PEZDMC), is at the forefront of fostering industrial growth in Karachi.

Envisioned as a world-class industrial zone, MIP is designed to boost manufacturing and exports while generating significant employment opportunities. Its strategic location in Malir ensures seamless connectivity to key infrastructure, including the Karachi Port, Port Qasim, and major highways, making it an ideal destination for investors and industries.

China pledges $340mn to Pakistan's EV sector - Investment Monitor

https://www.investmentmonitor.ai/news/china-pledges-340mn-to-pakist...

A group of Chinese firms has pledged to invest $340mn in Pakistan’s electric vehicle (EV) sector to expand their manufacturing plants and charging stations, according to local news outlets. The investment was announced at a press briefing inaugurating a joint project between Malik Group and China’s ADEN Group.



“If the company manufactures EVs in Pakistan, the Sindh government will purchase over 20% of the vehicles produced at the Karachi plant,” Sindh province’s Energy Minister Syed Nasir Hussain Shah.



Malik Group chairperson Malik Khuda Bakhsh said 30 charging plants are set to be delivered from China in the next ten days. The project seems to be moving fast as Bakhsh added that Pakistan aimed to “have the necessary infrastructure operation by the end of this year.”

ADEN Group, which has its global headquarters in Singapore, is expected to invest $90mn for 3,000 charging stations and $240mn for an EV production facility.

“By December, EV production will begin, with an annual output target of 72,000 units,” ADEN Group CEO Yasser Bhambani said. “We also plan to export vehicles to the Middle East, Sri Lanka and Bangladesh.”

Recently, Pakistan experienced some positive FDI growth. In August 2024, data from the State Bank of Pakistan showed there had been a monthly rise in FDI compared to 2023. It received $136.3mn in net FDI in July 2024, marking a 64% increase compared to July 2023.

As US-China trade war escalates, could Pakistan be Beijing's EV loophole? - CSMonitor.com


https://www.csmonitor.com/World/Asia-South-Central/2025/0214/China-...


Amid the ornately painted trucks bellowing smoke and the green and yellow tuk-tuks, the Chinese-made Haval Hybrid Electric Vehicle has become a ubiquitous sight on the streets of Islamabad.

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Some are looking to neighboring Pakistan, a country of 240 million which has so far welcomed Chinese automakers, to buoy sales – and possibly bypass (US) tariffs. In recent months, several Chinese automakers have either doubled down on their Pakistan projects or made their first foray into the market.

As EVs become an increasingly important geopolitical battleground, former Pakistan finance minister Miftah Ismail says that, at least in the short-term, Pakistan could serve as a sort of pressure release valve for Beijing. But he predicts the West will eventually catch up.

“The West will say that EV components have to be made in certain countries, or that 70% of the value addition has to be done in the country that exports,” he says. “It's a cat and mouse game. The West will find other ways of placing restrictions on the Chinese.

An alliance on the rocks
In October, Chinese battery giant Build Your Dreams (BYD) formally entered the Pakistani market with two electric vehicles, partnering with the country’s largest private electricity producer to facilitate the expansion. The move came after the U.S. and Canada both decided to impose a 100% tariff on Chinese electric vehicle imports, and the European Commission voted to raise its own tariffs by 35%.

Its expansion represents a boost to the business relationship between China and Pakistan at a time when both seem to be running out of friends – and when their own alliance has grown fraught.

Though China has long considered Pakistan a key part of its ambitious Belt and Road Initiative, a series of recent attacks on Chinese nationals working in Pakistan has injected the relationship with tension. After an explosion at Karachi’s Jinnah International Airport in October claimed the lives of two Chinese citizens, Chinese Ambassador Jiang Zaidong called the attacks “unacceptable.”

Still, there is a sense that neither side can afford to downgrade their relationship.

Pakistan has fraught relations with all three of its other neighbors, while China has been accused of an increasingly hostile approach towards foreign businesses, driving down foreign direct investment.

“It’s an important and close partnership, albeit one that has stumbled in recent months,” says Michael Kugelman, who directs the Wilson Center’s South Asia Institute. “In that regard, this EV plan could be not just an economic win, but also a confidence building measure.”

Economic win for who?
For China, Pakistan could be the key to tapping into the U.S. market, says Usman Qadir, senior research economist at the Pakistan Institute of Development Economics.

“If they are able to assemble their vehicles in Pakistan or a third country, then they can bypass tariffs and get into the market with their lower prices,” he says.

Pakistanis could benefit, too.

BYD and its local partner announced plans to build an assembly plant in Karachi by early 2026. They estimate that as many as half of the vehicles sold in Pakistan by 2030 will be electrified – by which time BYD hopes that its vehicles will make up a quarter of all sales.


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So far, the Chinese EVs launched in Pakistan have largely targeted the luxury market.

But whatever their long-term motive, it is clear that Chinese EV makers are having an impact; Japanese automakers, which have historically dominated the Pakistani market, have begun slashing their prices out of concern that they might lose ground.

Pakistan Motorcycles - Facts & Data 2025 | MotorCyclesData

https://www.motorcyclesdata.com/2025/02/01/pakistan-motorcycles/

In 2024, although a bad start of the year, then recovered in the second half, 2-wheeler sales have been 1.3 million (+18.4%) but half a million far from the record.

The just born EVs segment is fast growing, reaching 46.364 sales (+123.4%) with new local start up joined by Yadeaand other chinese manufacturers.

Looking at the performance among the top manufacturers, the leader Honda reports sales up 15.5%, ahead of United Auto (+29.3%), Suzuki (+17.3%) and Road Prince (+13%).

Sazgar bets on e-rickshaws for Pakistan’s EV future - Rest of World

https://restofworld.org/2025/sazgar-e-rickshaws-pakistan-ev-future/

Sazgar will set the ground for other companies in making e-rickshaws as a primary public transport choice.

By KUNWAR KHULDUNE SHAHID
12 FEBRUARY 2025 • LAHORE, PAKISTAN

Since last year, Pakistan has accelerated its shift to electric vehicles, with BYD planning to set up a production plant and the government targeting 30% EV adoption for all new vehicles by 2030.
As Pakistan’s top rickshaw maker, Sazgar pioneered e-rickshaws and hopes to make them a mainstream transport option.
Scaling up for companies like Sazgar will require stronger government policies, financial support for drivers, and political stability.

Pakistan hurtled toward its electric future in 2024. In August, Chinese EV giant BYD said it would set up its first South Asian production plant in the country. Three months later, the Pakistani government unveiled a policy that aims to transition a third of all new vehicles to electric by 2030.

Meanwhile, several local companies hastened plans to launch and produce EVs in a market flooded with importedelectric cars from international brands such as Audi, BMW, and Hyundai.

A front-runner among the local EV makers was Sazgar Engineering Works, a Lahore-based automotive manufacturer best known as Pakistan’s largest rickshaw maker.

In January 2024, Sazgar, which has made conventional rickshaws since 2005, became the first company to receive a license to produce e-rickshaws in Pakistan. The company is betting on e-rickshaws to boost mass adoption of EVs in the country. Given its legacy in the sector, Sazgar is poised to lead Pakistan’s EV revolution, automobile experts told Rest of World.

“The company has the infrastructure and resources to introduce e-rickshaws in the local market on a large scale,” said Sulman Ali, editor at PakWheels, a digital automobile publication and marketplace. “Sazgar will set the ground for other companies in making e-rickshaws as a primary public transport choice.”

Through the last decade, Sazgar has held sway over 30% of Pakistan’s rickshaw market, which currently comprises over a million rickshaws and 40 competitors. The company produces up to 2,500 rickshaws every month — most of which run on traditional fuels. It also exports its rickshaws to 30 countries including Sri Lanka, Liberia, Qatar, the U.S., and Japan, Syed Hasnain Mehdi, Sazgar’s EV project manager, told Rest of World.

HBL-PSL X: BYD becomes official mobility partner - Sports - Business Recorder

https://www.brecorder.com/news/40357828


KARACHI: BYD Pakistan has joined HBL-PSL X as the official mobility partner.

The partnership was dramatically unveiled when BYD’s Shark 6 vehicle carried the tournament trophy into the stadium, capturing the attention of the packed crowd.

Later in the evening, popular artist Ali Zafar heightened the excitement by boarding the BYD Shark 6 for a celebratory lap around the venue, creating a memorable moment for millions watching live.

BYD Pakistan revealed that the Player of the Tournament will receive a BYD Seal vehicle - a premium gesture highlighting the brand’s appreciation for sporting excellence.

Throughout the tournament, BYD’s innovative vehicles, including the Seal, Shark 6, and ATTO 3 models, are being prominently displayed across all four host cities: Rawalpindi, Lahore, Karachi, and Multan.

“We are thrilled to partner with HBL-PSL X for this remarkable season,” said Lei Jian, Country Head of BYD Pakistan.

“This collaboration not only strengthens BYD’s presence in Pakistan but also reiterates our commitment to leading the shift towards sustainable mobility solutions.”

Syed Haider Mujtaba, GM Marketing at Mega Motor Company, added, “Our collaboration with HBL-PSL X marks a major milestone as we continue to drive BYD’s mission of promoting innovative and sustainable transportation. We are excited to bring a new dimension to the fan experience by showcasing our futuristic vehicles.”

The partnership represents a strategic alignment between Pakistan’s premier cricket league and BYD’s vision for environmental sustainability in transportation, creating memorable experiences both on and off the cricket field as the tournament progresses through its tenth season.

BYD's Strategic Expansion in Pakistan and the EV Ecosystem: A Convergence of Policy, Infrastructure, and Market Potential

https://www.ainvest.com/news/byd-strategic-expansion-pakistan-ev-ec...


Market Potential: From Two-Wheelers to Four-Wheelers
Pakistan's EV market is in its infancy but growing rapidly. In the first half of 2025, electric two-wheeler sales surged by 61.5% to 38,367 units, capturing 4.6% of the total vehicle market. This growth is driven by local assembly of e-bikes and three-wheelers, supported by Chinese manufacturers like Yadea and ADM Group. BYD's entry into this segment, with its Shark 6 model, is poised to capitalize on this momentum.

The four-wheeler segment, though smaller, is equally promising. The government's goal of 2 million EVs on the road by 2030 includes a focus on commercial vehicles and public transport. BYD's partnership with DFML to assemble electric four-wheelers under a toll manufacturing agreement with ECO-Green Motors Limited is a strategic move to capture this niche. The company's global expertise in battery technology and vehicle design gives it a distinct advantage over local competitors.

For investors, the market's growth trajectory is undeniable. While current EV adoption is low (1% of new vehicle registrations), the policy-driven push, coupled with falling battery costs and rising fuel prices, creates a self-reinforcing cycle. The electrification of two-wheelers and three-wheelers, in particular, offers a scalable path to market penetration, given their dominance in Pakistan's transportation landscape.

Investment Thesis: A High-Conviction Bet on Emerging Markets
BYD's expansion in Pakistan is more than a regional play—it's a test case for its global strategy to bypass tariffs and establish production hubs in high-growth markets. The company's ability to navigate regulatory environments, build infrastructure, and align with government priorities positions it as a leader in the emerging EV race. For investors, the key metrics to watch include:
- Localization Progress: BYD's ability to achieve 90% localization by 2027 will determine its cost structure and scalability.
- Charging Network Growth: The number of operational charging stations and their integration with renewable energy will directly impact adoption rates.
- Market Penetration: Sales of the Shark 6 and other models, particularly in the two-wheeler segment, will signal consumer acceptance.

The risks are clear: policy shifts, infrastructure delays, and competition from Chinese rivals like Yadea. However, BYD's partnerships, financial strength, and first-mover advantage in Pakistan mitigate these concerns.

In conclusion, BYD's strategic expansion in Pakistan offers a rare combination of policy tailwinds, infrastructure development, and market potential. For investors with a long-term horizon, this represents a high-conviction opportunity to participate in the next phase of the global EV revolution, where emerging markets are no longer followers but pivotal players.

China's BYD to assemble EVs in Pakistan from 2026 | Reuters

https://www.reuters.com/sustainability/boards-policy-regulation/chi...

BYD to roll out first Pakistan-assembled car by July–August 2026
25,000-unit plant under construction near Karachi
Local unit targets 30-35% share of the segment
Shark 6 pickup, BYD’s third model in Pakistan, to launch on Friday
KARACHI, July 24 (Reuters) - Chinese electric vehicle giant BYD (002594.SZ), opens new tab plans to roll out its first car assembled in Pakistan by July or August 2026 to capture growing demand for electric and plug-in hybrid vehicles in the region, a company executive said on Wednesday.
BYD, the world's top EV maker, has been expanding rapidly outside its home market, where it is in a strong price war. The Pakistan plant addresses rising demand from emerging markets and allows the company to take advantage of incentives offered by the Pakistani government.

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BYD (HKG: 1211, OTCMKTS: BYDDY) will begin operations at its Pakistan factory next year, increasing the Chinese new energy vehicle (NEV) maker's overseas production capacity.

https://cnevpost.com/2025/07/24/byd-to-assemble-cars-pakistan-2026/

The company plans to roll out its first electric vehicle (EV) assembled in Pakistan by July or August 2026 to meet growing demand for electric and plug-in hybrid vehicles in the region, Reuters reported today.

The factory, which has been under construction near Karachi since April, is being built in collaboration with Mega Motor Company, a subsidiary of Pakistan's utility firm Hub Power, according to the report, which cites Danish Khaliq, BYD Pakistan's vice president of sales and strategy.

The factory will initially operate on a two-shift system with an annual production capacity of 25,000 units, Khaliq said, without specifying when the factory will reach full production capacity or when mass production will begin, according to the report.

Khaliq said that the factory will initially assemble imported components and produce some non-electric parts locally.

He also mentioned that the factory will initially produce vehicles for the domestic market in Pakistan and may export to right-hand drive countries in the region based on freight costs and business economics.

BYD launched three models in Pakistan on August 17, 2024: the all-electric Atto 3, the Seal EV, and the hybrid Sealion 6.

In China, the Atto 3 is known as the Yuan Plus, and the Sealion 6 is called the Song Plus DM-i.

BYD may open its first NEV assembly plant in Pakistan in Karachi in the future, depending on development needs, the company said at the time.

The plant in Pakistan will meet the growing demand in emerging markets and enable the company to take advantage of incentives offered by the Pakistani government, Reuters notes in its report today.

BYD began delivering imported EVs in Pakistan in March, Khaliq said, without disclosing specific sales figures but said that sales of hundreds of vehicles had already exceeded internal targets by 30 percent.

Khaliq said he expects the market size for electric and plug-in hybrid vehicles in Pakistan to grow three to four times in 2025 from about 1,000 units in 2024.

He said BYD aims to capture a 30 percent to 35 percent share in the sector.

BYD will launch its Shark 6 plug-in hybrid pickup truck in Pakistan on Friday, according to the report.

The pickup truck was initially launched in Mexico in May 2024 under the name BYD Shark. The model is not available in the Chinese market and has been renamed Shark 6 in several overseas markets.

After India’s rejection, China’s BYD invests $1 billion to build a large car factory in Pakistan!

https://youtu.be/gBNKshxeJYM?si=ck-BzkMWHbm8sk7L

BYD, China’s electric vehicle giant, faced a surprising hurdle when India rejected its $1 billion proposal for an EV super factory in Hyderabad, despite years of investment and local expansion. This unexpected move has left global analysts questioning India’s unpredictable approach to foreign investment, especially from neighboring nations. As regulatory challenges and political tensions mounted following a 2020 border clash, BYD ultimately shifted its focus to Karachi, Pakistan—a strategic location with easier access to ports, political stability, and strong China-Pakistan ties. Discover how BYD’s shift highlights differences in investment climates between India and Pakistan and what this means for the future of the EV industry in South Asia. Like and share if you found this analysis insightful!