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Auto Industry Demands Separate Policy for Hybrid Vehicles

In order to assist vendors and lessen their reliance on imported parts, Ali Asghar Jamali, the Chief Executive of the Indus Motor Company Limited (IMC), has asked the government for a separate policy to promote the local assembly of hybrid vehicles.

On Friday, the demand for an independent hybrid vehicle policy similar to the government’s approved electric vehicle (EV) policy was made to the minister of industries, Hammad Azhar.

The Ministry of Industries reportedly decided to include hybrid vehicles in its new Auto Policy, which will be finalised in the coming months, at its most recent meeting. In June, the current five-year contract will end.

Jamali stated that the policy of local hybrid car assembly would need to be approved for at least two years.

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