Punjab has taken a historic step toward eco-friendly travel with the launch of Pakistan’s first-ever Electric Taxi Service. The Punjab Electric Taxi Scheme 2025 is designed to reduce fuel dependency, lower air pollution, and create income opportunities — all while making taxi ownership easier for drivers through subsidies and interest-free loans.
This guide covers the latest updates on financing, subsidy breakdown, and launch timeline — especially relevant for those planning to apply soon.
Phase 1 to Launch in Lahore – 1,100 Vehicles Confirmed
In the first phase, the Punjab government will introduce 1,100 electric taxis in Lahore, making it the first city in the country to test this modern and green transport model.
- Vehicles are being imported from China
- 18 fast-charging stations already installed in Lahore
- Government plans to expand the infrastructure across other Punjab cities
This move is expected to modernize ride-hailing, replacing old petrol-based taxis with electric vehicles (EVs) that are quieter, cleaner, and cheaper to run.
CM Punjab E-Taxi Financing Plan 2025 – Full Details
The financing model of the scheme was finalized under the supervision of Chief Minister Maryam Nawaz Sharif. The payment structure is designed to help drivers afford new electric taxis without traditional bank burdens.
Financing Summary Table
| Category | Details |
|---|---|
| Loan Amount | Up to Rs. 6.5 million |
| Vehicle Price Range | Rs. 4 million to Rs. 10 million |
| Govt. Down Payment Aid | Rs. 585,000 subsidy per buyer |
| Loan Type | Interest-Free (Govt. covers markup) |
| Eligible Buyers | Must meet bank criteria (e.g. credit check, age) |
| Banking Partners | Government-approved banks |
So, if your chosen electric vehicle costs Rs. 4.8 million:
- Govt pays Rs. 585,000 directly
- You pay the remaining down payment
- The balance is financed through a bank
- You pay only the vehicle price in monthly instalments – no interest
Why This Scheme Is a Big Deal
1. No Interest = Huge Savings
Traditional car loans can have 15% to 20% markup. With this scheme, markup is 0%, reducing your financial burden.
2. Government Pays Part of Down Payment
Even before you apply for a loan, the Punjab government pays Rs. 585,000 toward your car — saving you nearly 15% upfront.
3. Official Budget Allocation
The provincial government has allocated a Rs. 2 billion fund to support the project, which shows long-term commitment.
Environmental & Economic Benefits
This isn’t just about taxis — it’s about Punjab‘s future:
- Affordable Travel – Electric taxis reduce running costs, resulting in cheaper fares.
- Cleaner Cities – Lower emissions from EVs will help reduce Lahore’s dangerous air pollution.
- Job Creation – Thousands of unemployed drivers can start a career without heavy investment.
- Modern Transport System – Punjab becomes the first province to formally support mass EV transport.
What to Expect Next
Balloting and Allotment
To ensure fairness, balloting will be used for driver selection if applicants exceed the quota. Transparent allotment will help avoid corruption and favoritism.
- Women and differently-abled drivers may be given special quota
- Balloting will take place after application deadlines
- Results will be published online on the official portal
Timeline to Watch
| Event | Expected Date |
|---|---|
| Loan Application Opens | Coming Soon |
| Balloting for Allotment | To Be Announced |
| Vehicle Delivery Begins | Within Phase 1 |
| Expansion to Other Cities | After Phase 1 |
Final Thoughts
The Punjab E-Taxi Subsidy & Payment Plan 2025 is more than a transport scheme — it’s a solution for unemployment, pollution, and outdated mobility. With generous subsidies, interest-free loans, and a transparent allotment process, this scheme sets the standard for smart governance in public transport.
Whether you’re a new driver, ride-hailing professional, or unemployed youth, this could be your best chance to own an electric car without breaking the bank.
FAQs
It will begin soon in Lahore with 1,100 vehicles in Phase 1.
Any driver who meets bank criteria (valid CNIC, driving license, credit history, etc.).
The government pays Rs. 585,000 toward your down payment (if the car costs between 4 to 10 million).
No, the government covers all markup — the loan is interest-free.
Yes, balloting may be used if applications exceed the available number of taxis. Quotas may apply for women and differently-abled drivers.
18 stations are already set up in Lahore; more will be added soon.
