Punjab E-Taxi Subsidy and Payment Plan 2025 Finalized by Government to help the public. Punjab is all set to introduce Pakistan’s first electric taxi service, marking a major step towards clean transportation and modern urban mobility. The provincial government has finalised the financing structure of the project, which aims to reduce fuel costs, cut harmful emissions, and provide affordable travel options for citizens.
First Phase in Lahore
In the initial stage, around 1,100 electric taxis will be launched in Lahore. These vehicles will mainly be imported from China and will operate across the city as a modern, eco-friendly alternative to traditional taxis and ride-hailing services.
To ensure smooth operations, the government has already installed 18 charging stations in Lahore, with plans to expand the network across Punjab in the future.
Financing Plan for Buyers
Chief Minister Maryam Nawaz has approved a special financing scheme to make this project more accessible. Banks will provide loans of up to Rs. 6.5 million for the purchase of electric taxis. The Punjab government will cover the interest cost, while buyers will only need to pay a subsidised down payment.
For vehicles priced between Rs. 4 million and Rs. 10 million, the government will contribute Rs. 585,000 towards the down payment on behalf of buyers. The remaining amount will be financed through banks. This financial assistance is designed to encourage more drivers to adopt electric taxis and support the transition to greener transportation.
Budget Allocation
The provincial government has allocated Rs. 2 billion for this project. Officials believe this investment will not only promote sustainable mobility but also create new income opportunities for taxi drivers in Punjab.
Benefits of the Electric Taxi Service
Affordable travel
Reduced fuel costs will make rides cheaper for passengers.
Eco-friendly transport
Lower emissions will help improve air quality in Lahore and other cities.
Job creation
Drivers will get access to modern vehicles at affordable rates.
Modern mobility
Punjab will be the first province in Pakistan to introduce electric taxis on such a large scale.
Final Thoughts
The launch of the Punjab Electric Taxi Service is a milestone for Pakistan’s transport sector. With government subsidies, interest-free loans, and a growing charging infrastructure, the initiative is expected to reshape urban commuting. If successful, the project could expand to other cities in Punjab, setting an example for the rest of the country.
FAQs
Q1: When will the Punjab electric taxi service start?
The service is expected to begin soon in Lahore, starting with 1,100 taxis.
Q2: Who is eligible to buy an electric taxi under this scheme?
Drivers and buyers meeting the bank’s loan requirements can apply. The government will help with subsidies and interest-free financing.
Q3: How much will buyers need to pay as a down payment?
For vehicles priced between Rs. 4 million and Rs. 10 million, the government will pay Rs. 585,000 towards the down payment, reducing the buyer’s burden.
Q4: How many charging stations are available?
Currently, 18 charging stations have been set up in Lahore, with plans for expansion across Punjab.
Q5: What are the key benefits of the electric taxi scheme?
Lower travel costs, reduced pollution, financial support for drivers, and a shift towards sustainable transport.
