<ul><li>The Ministry of Industries & Production of Pakistan has signed a cooperation agreement with the International Finance Corporation (IFC) to boost electric vehicle (EV) investment in the country.</li><li>The agreement aims to promote the adoption of electric two- and three-wheelers and support the development of the EV market in Pakistan.</li><li>IFC will provide technical implementation support and work with regulatory bodies to address market gaps and remove barriers hindering growth in the electric mobility sector.</li><li>The initiative is part of the joint IFC-World Bank e-mobility project and supports the National Electric Vehicle Policy (NEVP) 2019 goal of having 30% electric vehicles by 2030.</li></ul>

Govt Partners With IFC to Boost Electric Vehicle Investment in Pakistan

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