Government Extends EV CKD Import Exemption: A Boon for Local Assemblers!

The federal government has given a fresh lease of life to the electric vehicle (EV) sector in Pakistan by extending the import exemption on Completely Knocked Down (CKD) kits. The new deadline for this exemption is now set for June 30, 2027, as part of the Budget for 2026-27.

This decision, announced on June 12, 2026, comes as a relief to local assemblers who were bracing for the expiration of several tax concessions aimed at bolstering the EV industry. With the growing demand for electric vehicles and ongoing global shifts towards sustainability, this move is seen as a strategic step to encourage the local production of EVs.

The extension of the CKD import exemption not only benefits manufacturers but also aims to make electric vehicles more accessible to consumers. As Pakistan continues to focus on eco-friendly alternatives, this initiative could significantly enhance the local automotive landscape.

Overall, this announcement reflects the government’s commitment to fostering a sustainable future while supporting homegrown automotive companies in the competitive market. Get ready for more electric wheels on the roads as we move towards a greener tomorrow!