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Pakistan Government to Regulate Used Car Market, Introduce Registration and Certification Procedures

Strategic Insights

— 1 min read

The Pakistan government has announced plans to regulate the used car market by introducing mandatory registration and certification procedures for imported vehicles. The move aims to promote a liberalized and competitive import mechanism for vehicles in the country, reduce reliance on petrol-based vehicles, and promote environmentally friendly alternatives. As part of this effort, the government has introduced a comprehensive Electric Vehicle (NEV) Policy 2025-2030, with a goal of converting 2.2 million vehicles to electric by 2030.

Key Takeaways:

  • The Pakistan government has decided not to reverse existing taxes on car imports, in a bid to regulate the used car market and promote quality standards.
  • Mandatory registration and certification procedures will be introduced for used imported vehicles, with the aim of promoting a liberalized and competitive import mechanism.
  • The government has introduced a comprehensive Electric Vehicle (NEV) Policy 2025-2030, with a goal of converting 2.2 million vehicles to electric by 2030.
  • The promotion of electric vehicles is crucial for reducing smog and improving public health, according to Special Assistant to the Prime Minister (SAPM) Haroon Akhtar Khan.
  • The All-Pakistan Car Dealers and Importers Association (APCDIA) has assured the ministry that they will submit detailed proposals to support the policy process.
  • The government will carefully review the association's suggestions and extend full cooperation, as part of the stakeholder consultation process.

Statistics:

  • 2.2 million vehicles aim to be converted to electric by 2030 under the NEV Policy 2025-2030.
  • Petrol-based vehicles are being phased out in favor of environmentally friendly alternatives, such as electric vehicles.
  • The government has introduced a comprehensive Electric Vehicle (NEV) Policy 2025-2030 to promote the use of electric vehicles.

Sources:

  • Government of Pakistan, "Briefing Note: Used Car Market Regulation"
  • Ministry of Industries and Production, "Statement by Special Assistant to the Prime Minister (SAPM) Haroon Akhtar Khan"
  • All-Pakistan Car Dealers and Importers Association (APCDIA), "Meeting with Government Officials"

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