New EV Insurance Plans Coming Soon in Pakistan

Jawad

07 Jul 2025

127

New EV Insurance Plans Coming Soon in Pakistan

In a major push to promote electric Car insurance in Pakistan, a top-level meeting was held on Thursday under the leadership of Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production. The session focused on launching new EV plans that include affordable EV insurance and practical EV financing Pakistan options to make electric mobility more accessible for everyday users.

The meeting brought together stakeholders from the EV insurance Pakistan sector and leading manufacturers to discuss pressing issues faced by EV owners. A key concern raised was battery theft insurance, highlighting the need for improved vehicle protection and smart insurance coverage.

Enhanced EV Safety Takes Center Stage

Industry experts emphasized how recent developments in EV safety features—such as tamper-proof battery systems, secure GPS tracking, and upgraded locking technologies—have significantly reduced the threat of theft. Manufacturers assured that today's electric vehicles are much more secure and better suited for local conditions, especially due to the safety of lithium-ion batteries used in most EVs.

Participants noted that these improvements not only boost customer confidence but also make electric car insurance more streamlined and cost-effective. The advancements are a step forward in supporting the goals of the EV policy Pakistan framework.

Government Pushes for Competitive EV Insurance Rates

Haroon Akhtar Khan directed all participating insurers to provide separate and detailed proposals for EV insurance rates, covering electric motorcycles, rickshaws, and four-wheelers. He made it clear that pricing must prioritize consumer affordability and support mass adoption of electric vehicles across the country.

The government pledged to evaluate all insurance offers carefully and adopt the most cost-efficient and user-friendly packages. The aim is to eliminate financial obstacles and support those transitioning to eco-friendly transport.

Driving Toward a Cleaner Future

Haroon Akhtar Khan reaffirmed the government’s dedication to environmental sustainability and green mobility. He stressed that under the guidance of Prime Minister Shehbaz Sharif, the promotion of electric vehicles remains a central national objective.

“Electric vehicles are vital in our efforts to cut pollution and protect the environment,” he stated during the meeting.

EV Progress Aligned with National Policy

This collaborative initiative marks a crucial step in making the EV policy Pakistan more actionable. With insurers, automakers, and the government working in sync, there’s optimism that EV ownership will become more feasible and attractive across Pakistan.

As affordable EV insurance becomes more widespread, it paves the way for cleaner roads and a greener tomorrow. This effort reflects a promising future where electric mobility is not just a luxury—but a practical option for the average Pakistani.

EV insurance Pakistan electric vehicle insurance affordable EV insurance new EV plans EV financing Pakistan electric car insurance battery theft insurance EV safety features EV policy Pakistan EV insurance rates

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