The Punjab government has proposed a major reduction of up to 99% in token tax for electric vehicles (EVs) as part of its broader strategy to promote environmentally friendly transportation across the province. The move is aimed at making EV ownership significantly more affordable for the public while encouraging a shift away from fuel-powered vehicles that contribute to air pollution.
Officials say the proposed tax relief is intended to support the adoption of cleaner and more sustainable transport options, in line with global trends toward green energy solutions. If approved, the policy could provide a strong boost to Pakistan’s growing electric vehicle market, while also helping reduce carbon emissions and fuel dependency in the long run.
