Various media sources report that the Pakistani government has partnered with a prominent Chinese company to inject $350 million into the establishment of electric vehicle (EV) charging infrastructure. This project seeks to promote electric mobility and lessen reliance on fuel imports, envisioning a network comprising up to 3,000 charging stations.
The announcement was made by Malik Khuda Bakhsh, the Convenor of the Energy Standing Committee at FPCCI, during a ceremony hosted at the FPCCI headquarters. He indicated that the charging stations will be strategically positioned along the highway connecting Peshawar and Karachi.
The undertaking will kick off with an initial funding of $90 million allocated for the creation of the charging stations, while an additional $250 million is assigned for production by February 2025.
This initiative is designed to reduce pollution, enhance energy independence, and protect Pakistan’s foreign exchange reserves.
Bakhsh pointed out recent developments in electric transportation, particularly the introduction of FV flash charging stations. He also underscored the considerable interest from Chinese investors in Pakistan’s energy landscape, noting the upcoming visit of a Chinese delegation to investigate opportunities in the Thar Coalfield and various renewable energy projects.
The success of this pioneering initiative depends on the investors’ ability to secure the required documentation and maintain effective commercial operations, assurances that the Sindh government has committed to support.
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