Dhaka, Oct. 8 -- The government has formulated the Electric Vehicle Industry Development Policy 2025, outlining a time-bound action plan to identify and register electric vehicles (EVs) by June 2026 and 2030, with the aim of promoting domestic production and reducing carbon emissions from the transport sector.

The industries ministry, which drafted the policy, has sought opinions from stakeholders before finalising it.

According to officials, the policy aims to enhance domestic production of EV components, reduce import dependence, and strengthen Bangladesh's competitiveness in the global market for EVs and related parts.

As defined in the draft, an EV is a vehicle powered by one or more electric motors using traction power from an int...