Karachi’s Electicirty Distribution Company, K-Electric Limited (KE) and Pakistan’s second largest Oil Marketing Company Shell have signed a Memorandum of Understanding (MoU) to develop the first three Electric-Vehicle (EV) Charging Stations across Karachi in partnership.
As per the agreement, selected locations for Rapid Charging stations include Shell outlet at Defence Filling-Station on Khayaban-e-Bahria, Askari Filling Station at Gulshan Town and Mardan Filling Station at Gadap Town.
It is also agreed that Shell and K-Electric will further explore to develop additional sites and strategically expand the EV charging network over the next 3 to 5 years.
Shell Pakistan will deploy charging-station equipment, site preparation, installation and manage its operations; while K-Electric will ensure grid enhancement.
General Manager Retail of Shell Pakistan Limited, Taha Magrabi, during the MoU signing ceremony said,
Billions of people rely on transport to get about. There are around 1 billion cars on the world’s roads. This means that the transport sector has a fundamental role to play in helping global efforts to reduce emissions. The government of Pakistan had approved the EV policy to help tackle effects of climate change and offer affordable transport to its people. Playing a key role in this sector, SPL along with KE are keen to support the EV policy and its objectives, with our collaboration.
While Naz Khan, chief strategy officer of K-Electric, said on the occasion,
As the world moves towards cleaner modes of transport, KE looks to enable this shift by adding to infrastructure that will support the introduction of EVs across Karachi and Pakistan. With the government announcing a target for 30 percent of all vehicles in the local market to be electric by 2030, KE, with Shell, looks forward to facilitating our customers towards utilising EVs and contributing to long-term environmental sustainability.
Pakistan’s government had recently approved the Electric Vehicle policy for Cars, which involves the abolition of additional Customs duty and other taxes on imports of EV cars, while only 1% tax on import of EV parts for manufacturers and Registration & annual renewal fee waiver for EVs in ICT. Locally made Electric Vehicles will be charged reduced sales tax of 1% while Duty on import of charging equipment capped at 1% and Duty-free import of plant and machinery for manufacturing of EVs.
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