Treasure Magazine

Treasure Magazine

ECC forms inter-ministerial committee on NEVP

Electric vehicle

KARACHI: The Economic Coordination Committee (ECC) on Thursday formed an inter-ministerial committee which will make incentive packages for National Electric Vehicle Policy (NEVP) in a month time.

The committee would be comprised on Minister Planning & Development, Minister of Science and Technology, Special Assistant to Prime Minister on Austerity and Institutional Reforms, Deputy Chairman Planning Commission, Special Assistant to PM on Commerce (Chairman), Special Assistant to PM on Petroleum, Secretaries Industry and Climate Change.

According to the notification of the ECC, the committee will make proposals in a month’s time on incentive package for National Electric Vehicle Policy. ECC meeting also acknowledged the role and efforts made by Ministry of Climate Change on preparing Incentive proposals for National Electric Vehicle Policy.

Welcoming the ECC meeting decision, H M Shahzad, Chairman All Pakistan Motor Dealers Association (APMDA) said, “it is time to wind up all the debate of previous policy and the ECC committee should immediately approve and implement the Electric Vehicle policy.”

“It is shocking to note that MOI&P is opposing Electric Vehicle (EV) Policy since its approval. He appreciated consultations with the stakeholders,” he added.

As big stakeholders in auto sector, H M Shahzad requested Prime Minister Imran Khan who is also in-charge of Minister of Climate Change to rescue policy on Renewable Energy, in which EV Policy is main constituent Component.

He said that any further delay will deprive the country from possibility becoming partner in global supply chain.

He said that Ministry of Industries & Production (MoI&P) has made hostage to Engineering Development Board (EDB) and suggested to rename this ministry as Auto Interest Care Development Board.

The incumbent automakers are dominating existing EDB and its chairman from auto vending industry supplying parts to a Car Assembler.

He claimed that the chairman of a car assembler is now Advisor to the Advisor on MOI&P. Without excluding conflict of interest in EDB and assuring neutral decision of making body, the further delays in implementing EV Policy is inclusive of well-founded apprehension.

He appealed to the Prime Minister to become a referee for the sake of economic and direct implementation of EV policy.

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