Good News Punjab Government Launches Interest-Free E-Taxi Scheme for Youth

The Punjab government, led by Chief Minister Maryam Nawaz Sharif, has rolled out the “Interest-Free E-Taxi Scheme for Youth 2025,” a transformative initiative aimed at combining economic empowerment and environmental sustainability. Launched in August 2025, the program introduces 1,100 electric taxis across Punjab—offered through interest-free installment plans, with key upfront costs covered by the government.

Scope of Scheme

This initiative marks a significant shift from traditional fuel-based taxis to zero-emission electric vehicles. In its first phase, 1,100 electric taxis are being deployed, aiming to reduce urban air and noise pollution across cities like Lahore, Rawalpindi, and Multan.By offering interest-free loans and covering expenses such as markup, token tax, and registration fees, the scheme lowers the financial entry barrier for unemployed youth, women, people with disabilities, and rural applicants. The scheme is expected to generate thousands of job opportunities—not just for drivers but also for mechanics, operators of charging stations, and service staff.

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Vehicles, Infrastructure, and Suppliers

  • Vehicle Models: The Honri VC20 (200 km range) and VC30 (300 km range) are being supplied by Dewan Motors, assembled locally.
  • Charging Infrastructure: EV charging stations have already been installed approximately every 3 km in Lahore, with expansion planned throughout the province.
  • Service Network: Selected vendors must establish service centers and spare-parts facilities across Punjab to ensure long-term support.
  • Vehicle Suppliers: Nine companies have been shortlisted to supply the electric taxis under the scheme.

Beneficiary Allocation Breakdown

The distribution of the initial 1,100 taxis:

  • 1,000 vehicles allocated to fleet owners (requiring a minimum purchase of 10 vehicles each)
  • 100 allocated to individual drivers
  • 30 reserved exclusively for women, promoting gender inclusivity in public transport
Interest-Free E-Taxi Scheme for Youth
Interest-Free E-Taxi Scheme for Youth

Financial Structure Of Payment

DetailInformation
Launch DateAugust 2025
Total Vehicles (Phase 1)1,100 electric taxis
Vehicle TypesHonri VC20 (200 km range), VC30 (300 km range)
Installment TermsInterest-free; government covers markup, token tax, and registration fees
Down Payment Loan DetailsBanks provide loans up to Rs. 6.5 million; government contributes Rs. 585,000 toward down payment
Charging Stations (Lahore)Every ~3 km, with expansion provincewide
Reserved Vehicles for Women30 out of 1,100
Application PortalDeveloped by PITB; supports CNIC, driving license, and residency uploads

How to Apply

  • Online Portal Launch: Run by PITB, expected live as of August 2025.
  • Required Documents: CNIC, valid driving license, proof of Punjab residency; fleet owners need company details and registration (SECP or NTN).
  • Application Steps
    1. Account creation via portal
    2. Submit personal/fleet applications
    3. Select installment plan
    4. Undergo eligibility review
    5. Receive offer letter, vehicle delivery details, and training information upon approval
  • Promotional Campaign: Multimedia outreach via TV, newspapers, and social media to maximize participation.

FAQs

Q1: Who is eligible to apply?

Youth, especially educated and unemployed—women, disabled persons, and fleet owners (with ≥10 vehicles) are prioritized.

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Q2: What are the financial terms?

Interest-free installments with government coverage for markup, registration, and token tax. Loan arranges up to Rs. 6.5 million, with Rs. 585,000 subsidized for down payment.

Q3: Are women included in the allocation?

Yes, 30 vehicles are reserved exclusively for women. Additional financial concessions may apply.

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Q4: How is pollution addressed?

Use of electric vehicles eliminates tailpipe emissions and reduces noise, contributing to cleaner urban air

Q5: Where can I apply?

Via the PITB-run online portal linked to Punjab Transport Department (transport.punjab.gov.pk).

Conclusion

The Punjab Green E-Taxi Scheme 2025 heralds a new era—where climate-conscious transport meets socio-economic upliftment. By offering electric taxis through interest-free plans, covering essential costs, and focusing on inclusive participation, the scheme stands as a model for sustainable, equitable growth.This is more than a transport initiative—it’s Punjab’s promise to a cleaner, more empowered future.

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