It would take at least two years for the policy of the local assembly of hybrid cars to be approved.
The auto industry has demanded the federal government develop a separate policy to advance a local assembly of hybrid cars.
The CEO of Indus Motor Company Limited, Ali Asghar Jamali, asked for a separate policy to promote hybrid vehicles’ local assembly to facilitate vendors and reduce their dependency on imported machines.
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Last week, the demand was presented to the Minister for Industries, Hammad Azhar, for an independent hybrid vehicle policy similar to the EV Policy approved by the government in December 2020.
Moreover, it has been reported that in a recent meeting, Azhar decided to introduce hybrid vehicles in its latest Auto Policy, which will be completed in the next couple of months. The current five-year plan will expire in June of this year.
A senior executive of the ministry said, “The global trend is that many countries move towards hybrid vehicles as electric vehicles need serious infrastructure development such as charging points and a new set of merchants, as well as repair mechanics.”
Jamali informed that it would take at least two years for the policy of the local assembly of hybrid cars to be approved.
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