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The government has launched a game-changing scheme to promote electric vehicle mobility across Pakistan, promising a substantial Rs100.36 billion subsidy over five years. This initiative seeks to address the increasing need for sustainable transportation and reduce the country’s carbon footprint. 🌍 This is particularly essential as urban areas like Karachi and Lahore face increasing traffic congestion and pollution. What is the scope of this electric vehicle scheme? Phase-I includes financial support for 41,000 electric vehicles nationwide, while Phase-II aims to facilitate an additional 78,170 vehicles with Rs8.95 billion in subsidies. Successful applicants can receive up to Rs80,000 under the self-finance scheme, making EV ownership more accessible than ever. 🚗 The impact of this programme is significant. It represents a major step toward a greener future, with the potential to create thousands of jobs in manufacturing and infrastructure across cities like Islamabad and Faisalabad. With coordination among various government departments, the scheme emphasizes digital verification and transparency to enhance user trust. 📊 Looking ahead, the government plans to expand this initiative further, working towards enhancing incentives for both manufacturers and consumers. 🚀 This could lead to a substantial increase in electric vehicle adoption in Pakistan. For comprehensive coverage and insights on this groundbreaking development, follow Karobar Media, the go-to platform for timely business news. Don't forget to subscribe for the fastest updates! 💰 #ElectricVehicles #SubsidyScheme #PakistanTransport #EVInitiative #KarobarMedia