Punjab’s caretaker Transport Minister, Ibrahim Hassan, has unveiled an ambitious plan to introduce electric bikes following the implementation of electric rickshaws. This strategic decision is rooted in the government’s commitment to fostering sustainable and eco-friendly modes of transportation while actively promoting the adoption of electric vehicles (EVs). Minister Hassan pointed out that the transportation sector significantly contributes to the occurrence of smog in Punjab, and the introduction of electric bikes is a targeted effort to address and mitigate this environmental challenge.
Highlighting the government’s proactive approach, Hassan disclosed plans to distribute a substantial number of electric bikes, aiming to provide at least 200,000 units to students at discounted prices. This initiative not only encourages the younger demographic to embrace eco-friendly transportation but also addresses the issue of affordability, making electric bikes accessible to a broader segment of the population.
In addition to the distribution plan, the minister emphasized the establishment of a comprehensive EV charging infrastructure across the province. This move indicates a holistic approach, recognizing that the success of electric vehicles hinges on a supportive ecosystem that includes readily available charging stations.
The collaboration between the Bank of Punjab and the government further enhances the viability of this initiative. The financing scheme specifically targets students, offering them the opportunity to acquire electric motorcycles through easy installments over a two-year period. Importantly, the minimal interest rate of six percent makes this financing option not only accessible but also financially feasible for students, further encouraging the adoption of EVs.
Punjab’s plan to introduce electric bikes, coupled with distribution initiatives and financial support schemes, reflects a comprehensive strategy to combat smog, promote sustainable transportation, and make electric vehicles more accessible to the populace, particularly the student demographic. This multi-faceted approach underscores the government’s commitment to addressing environmental concerns and fostering a transition to cleaner and greener modes of transport.
