Govt EV scheme with women’s Quota, 400,000 vehicle rollout

News Image

MG News | July 21, 2025 at 05:04 PM GMT+05:00

0:00

July 21,2025 (MLN): In a historic move toward inclusive green mobility and economic empowerment, the government has dedicated a 25% quota for women and over 100,000 electric bikes and 300,000 electric rickshaws/loaders under its newly launched electric vehicle (EV) scheme.

A comprehensive national initiative has been unveiled to promote EV adoption in Pakistan, aimed at reducing fuel imports, protecting the environment, and strengthening the local auto industry.

Under the new plan, top-performing students will receive free electric bikes, while unemployed individuals will be provided with electric rickshaws and loaders on easy terms, said a press release.

Chairing a high-level meeting, the Prime Minister emphasized that transitioning to EVs would save billions in foreign exchange and significantly contribute to sustainable development.

He directed the immediate preparation of a government-level action plan to ensure widespread accessibility of EVs for the general public.

Additionally, unemployed youth will be prioritized for the distribution of electric rickshaws and loaders, enabling them to earn livelihoods and contribute to the economy.

Highlighting inclusivity, it was stressed that individuals from low-income backgrounds must be prioritized.

The meeting was informed that this support system will make EVs affordable and accessible across the country.

As a result of this initiative, four new battery manufacturing companies are beginning operations in Pakistan, expected to generate new business opportunities and employment nationwide.

Strict safety and quality standards will be enforced for all EVs distributed under the scheme, with third-party validation to ensure transparency and accountability.

To educate the public, a nationwide awareness campaign will be launched soon.

The premier stressed the need for swift implementation of the scheme and emphasized building a full-fledged ecosystem for EV manufacturing, maintenance, and infrastructure within Pakistan.

The meeting was attended by key government figures, including Federal Ministers Ahad Khan Cheema and Attaullah Tarar, Special Assistant Haroon Akhtar, Chief Coordinator Mosharraf Zaidi, and senior officials.

The EV plan reflects the government’s commitment to green mobility, youth empowerment, and economic revitalization.

 Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 167,191.38
452.22M
1.01%
1673.87
ALLSHR 99,572.56
854.13M
1.14%
1123.80
KSE30 50,589.37
258.13M
0.84%
420.31
KMI30 242,439.68
214.57M
0.52%
1247.28
KMIALLSHR 65,152.10
464.27M
0.90%
579.98
BKTi 45,989.68
77.65M
1.01%
460.44
OGTi 34,428.33
15.83M
0.36%
122.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 73,630.00 73,820.00
71,570.00
1340.00
1.85%
BRENT CRUDE 94.26 98.26
94.20
-1.66
-1.73%
RICHARDS BAY COAL MONTHLY 105.00 0.00
0.00
0.10
0.10%
ROTTERDAM COAL MONTHLY 104.00 105.70
104.00
-2.70
-2.53%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 95.63 100.42
95.51
-2.24
-2.29%
SUGAR #11 WORLD 13.76 14.06
13.71
-0.16
-1.15%

Chart of the Day


Latest News
April 11, 2026 at 07:59 PM GMT+05:00

Pakistan's OMCs caught in the crossfire


April 11, 2026 at 01:18 PM GMT+05:00

Saudi finance minister departs after Pakistan visit


April 11, 2026 at 01:15 PM GMT+05:00

Weekly Market Roundup


April 11, 2026 at 12:42 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg