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Fuel imports: USD1bn can be saved by adding 30,000 REEVs annually, experts say
ISLAMABAD: Auto Industry experts said that Pakistan could save over USD 1 billion in fuel imports over five years by adding 30,000 range-extended electric vehicles (REEVs) annually, highlighting the potential of electric mobility to reduce household transport costs and the country’s dependence on imported petroleum. The projected adoption would build a fleet of 150,000 vehicles by the fifth year. Industry estimates suggest this could cumulatively displace approximately 1.2 billion litres of petrol and avoid around 2.7 million tons of operational carbon emissions compared with similar petrol ve...
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