July 26, 2025

Punjab Government Launches Interest‑Free E‑Taxi Scheme for Youth

The Government of Punjab has officially unveiled its CM Punjab E‑Taxi Scheme 2025, a forward‑looking initiative that merges environmental progress with youth livelihood. Rolled out under Chief Minister Maryam Nawaz’s leadership, the program offers interest‑free installment financing of electric vehicles to eligible young drivers, aiming to transform both transportation and socio-economic dynamics across the province.

A Triple-Impact Program: Jobs, Clean Air & Electric Mobility

  1. Create self-employment opportunities for unemployed youth (and women) through taxi ownership,
  2. Reduce urban pollution by replacing fuel taxis with zero-emission electric vehicles,
  3. Support local industry via partnerships with Dewan Motors for EV assembly.

During the first phase, 1,100 Honri VC20 and VC30 models will be distributed—designed by Dewan Motors, they offer ranges of approximately 200 km and 300 km per charge. Punjab Government Launches Interest‑Free E‑Taxi Scheme for Youth

Interest‑Free Installments & Subsidy‑Backed Pricing

  • Vehicles are priced between PKR 4 million to PKR 5 million, but receive substantial government subsidy.
  • Applicants will repay the cost via completely interest‑free monthly installments, automatically deducted from ride‑hailing earnings—eliminating financial barriers.
  • Down payments may range from 0–20% depending on eligibility and subsidy level.

Applicants must meet eligibility criteria including Punjab domicile, valid driving license, clean driving history, and age limits (typically 21–55 years). Quotas are reserved for women, persons with disabilities, and rural applicants. Charging Infrastructure: Keeping Taxis Moving

The success of electric mobility hinges on reliable charging. In Lahore, authorities plan to install charging stations every 3 km, with network expansion into cities like Faisalabad, Rawalpindi, Multan, and others over time.

Uptake & Job Creation Potential

Even before the full public launch via media campaigns, over 60,000 applications had already been received, showcasing the high demand among youth.

The program is expected to generate thousands of direct and indirect jobs—not only for drivers, but also for mechanics, charging station operators, app coordinators, and support services within the EV ecosystem.

Why This Scheme Matters

  • Financial independence: Drivers can own taxis without interest payments or large upfront capital.
  • Environmental benefit: Transitioning to EVs helps reduce CO₂ emissions and noise pollution across Punjab’s congested urban areas.
  • Gender and social inclusivity: Reserved quotas ensure access for women, persons with disabilities, and underserved communities.
  • Strengthening local economy: Collaboration with local automakers and ride‑hailing platforms fosters growth in Pakistan’s EV sector.

How to Apply

Once registration opens, eligible candidates will be able to apply through the Punjab Transport Department’s official portal. The process will involve uploading required documents (CNIC, driving license, domicile, and photograph), followed by a transparent selection mechanism—often via lottery draw to distribute limited vehicles fairly.Selected applicants may receive training on EV handling and safety before allocation.

Final line

Punjab’s E‑Taxi Scheme is poised to become a model of sustainable development—offering youth a livelihood, modernizing public transport, and tackling environmental challenges simultaneously. Those interested are encouraged to gather necessary documents now and stay alert for the official application opening. With this initiative, Punjab is charting a cleaner, fairer, and more empowered path ahead.

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