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Latest News - August 27, 2020

Pakistan is first among South Asian states to have electric vehicles value chain under CPEC

CPEC has accelerated Pak-China private sector partnership. Daewoo Pakistan bus service and Skywell Automobile, China have signed a Strategic Alliance Agreement to introduce electric vehicles value chain in Pakistan under CPEC. Federal Minister for Science and Technology Fawad Chaudhry mentioned that Pakistan would be the first country in South Asia region to have electric vehicles on its roads this year. Ambassador Yao Jing on the occasion said the electric vehicles would promote substantial development of Pakistan.

ISLAMABAD: Federal Minister for Science and Technology Fawad Chaudhry on Wednesday said Pakistan would be the first country of South Asia to have electric vehicles on its roads this year, citing it as a matter of pride.

The announcement was made at the signing ceremony of Strategic Alliance Agreement for setting up of electric vehicles value chain in Pakistan between the Daewoo Pakistan Express bus service in Pakistan and the Skywell Automobile China.

According to the MoU, the project would be launched in two phases. In the initial phase, $50 million worth of investment would be made while in the second phase manufacturing of the electric buses would be started. The private sectors of Pakistan and China would have a partnership in view of the China Pakistan Economic Corridor.

The work on electric bikes and three-wheelers vehicles was on the cards while the four-wheelers policy would also be finalised within 20 days, the minister said, adding that such modes of transport would help cut pollution, which poses severe health hazards for the people especially of Lahore and Karachi in the winter season.

He also admired the ‘10 Billion Tree Tsunami’ project launched by Prime Minister Imran Khan for overcoming the environmental pollution.

Fawad said the government was taking measures to control pollution but “unable to understand why Punjab and Sindh governments were not taking steps” for the shared purpose. He conveyed that Pakistan has also launched its renewable energy policy, according to which the country would work on solar and wind energy on a priority basis.

The minister said: “Our biggest problem was lack of coordination between the civil and military side in research and development sectors. Now the first-ever civil-military interface in the field of science in Pakistan will help boost the research culture.”

About the country’s efforts regarding Covid-19, the minister said when the first caseof contagion appeared; Pakistan was relying on import of medical equipment such as goggles, masks and protective face shields but now became a major exporter of coronavirus medical products.

Stressing the need for formulating the next 10 years policy, he said that if any country wanted to achieve progress; it had to focus on science and technology. “It is very unfortunate that the science and technology ministry was not given due attention in the past years,” he added.

Fawad recalled the country had started its space programme even before China and India but now people express astonishment when the government talks about sending the space mission by next year.

On the occasion, Chinese Ambassador Yao Jing said the world knows that Pakistan and China are close friends and the masses and governments of both the countries were working to achieve progress.

“We want to involve the private sector in the Pakistan-China partnership in different sectors,” he said.

Appreciating Fawad’s last year’s visit to China, he said the minister was taking steps to put Pakistan on track. “Pakistan is welcoming the investment of private sector and giving incentives to the foreign investors which he described as a good sign,” the envoy said, adding that environment-friendly vehicles would bring substantial development to the country.

Senate Deputy Chairman Saleem Mandviwalla said that any investment in Pakistan was close to his heart as only investment could bring real change in terms of development in the country.

He added that Pakistan was largely depending on fossil fuels in the transport and energy sector.

“It is time for car and bus manufacturers to come forward and their 20-30 per cent production should be of electric vehicles. Such efforts will also help reduce pollution which is a big problem in our country,” Mandviwalla said.

The Skywell Automobile CEO, speaking through a video link, said such an agreement between Pakistan and China would help build the automobile industry of Pakistan on modern lines and open new avenues for energy-based vehicles.

“We are striving for promoting new energy vehicles policy in Pakistan,” he said, “Electric special vehicles and logistics can have a big share in the global market.”

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