New auto policy proposes tax cuts on hybrid vehicles

New auto policy proposes tax cuts on hybrid vehicles

government has proposed significant reductions in duties and taxes on hybrid vehicles under the draft of the new Auto Policy

PM Shehbaz Approves New Auto Policy Draft, Awaits IMF Approval

Prime Minister Shehbaz Sharif has approved the draft of a new five-year automobile policy aimed at promoting hybrid vehicles through phased reductions in import duties.

Pakistan Approves New Five-Year Auto Policy with Focus on Localization, Exports and Hybrid Vehicles

ISLAMABAD: Prime Minister Shehbaz Sharif has approved a new five-year auto policy aimed at boosting local production, promoting auto-parts localization, increasing vehicle exports and encouraging environmentally friendly technologies, sources said. According to sources, the government will consult the International Monetary Fund (IMF) before granting final approval to the policy. Following the IMF’s approval, the policy […]

Pakistan plans major overhaul of auto industry under 2026-31 policy

ISLAMABAD: The government has proposed a sweeping restructuring of Pakistan’s automobile sector, with a new five-year policy aimed at boosting exports, increasing local production, encouraging new energy vehicles and opening the market to greater competition. An inter-ministerial committee headed by Power Minister Sardar Awais Ahmad Khan Leghari has finalised seven...

THESE Hybrid vehicles likely to get cheaper in Pakistan - Pakistan Observer

The final draft of Pakistan’s new Auto Policy 2026-31 has proposed a gradual reduction in import duties on hybrid vehicles and other hybrid transport