Pakistan Revamps Electric Bike Subsidy Scheme as Banks Approve Only 9 Percent of Applications
The federal government modifies the PAVE program to bypass banking hurdles after commercial banks approve only 4,075 electric bike applications against high demand.
Prime Minister Shehbaz Sharif Launches Electric Vehicle Fleet for Islamabad Traffic Police
Prime Minister Shehbaz Sharif inaugurates an electric vehicle fleet for Islamabad Traffic Police to reduce petroleum dependency and save national foreign reserves.
UBL and Inverex Automobiles Partner to Launch Exclusive Fleet Financing for Electric Vehicles
UBL has partnered with Inverex Automobiles to launch an exclusive Fleet Financing offer for electric vehicles in Pakistan, featuring 0% markup for one year and low-rate multi-year financing options. The collaboration supports businesses in adopting cost-effective and sustainable fleet solutions, advancing the country’s clean mobility goals.