ISLAMABAD: Electric Vehicles (EVs) help in minimising dependence on fossil fuels and reducing environmental degradation, WealthPK reported.
According to the Oil Companies Advisory Council (OCAC), during the first seven months (July-Jan) of FY2022, around 76% of oil was purchased by the transport sector. The oil import bill reached $12.94 billion during the first 8 months of Fy2022, which was only $6.45 during the same period of FY2021.
Pakistan’s total import bill reached $52.51 billion during the first eight months (July-Feb) of FY2022, while exports stood at around $20.6 billion.
The trade deficit during the period under review was around $32 billion. To minimize import bill, Pakistan needs to move towards efficient solutions.
The combustion of fossil fuels contributes significantly to greenhouse gas emissions. About 46% of GHGs (greenhouse gases) escape into the atmosphere due to unrestrained use of fossil fuels, followed by agriculture at 43%.
Despite the fact that electric vehicles in Pakistan are more expensive than conventional ones, the cost of its maintenance and fuel is significantly lower. Additionally, these vehicles offer significant environmental benefits.
Pakistan is still in the early stages of adoption of EVs.
According to Waleed Amir, Director of Tesla Industries, Pakistan, Tesla has installed around 10 ultra-fast electric vehicle chargers in different cities of Pakistan. Tesla Industries is Pakistan’s first company manufacturing/assembling EV chargers and vehicles.
The charging price is around 60 to 70 rupees per unit (as per grid station price). A normal vehicle with a 60-kilowatt battery takes 40 minutes to charge with 40 units that can travel 200 to 400 kilometres. –INP
