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Business Recorder
25-06-2025
- Automotive
- Business Recorder
NEV Policy 2025-30: Honda to roll out Pakistan's first E-scooter
KARACHI: Atlas Honda Limited has announced plans to introduce an electric scooter specifically designed for the Pakistani market during the current fiscal year. The announcement was made through an official notice to the Pakistan Stock Exchange (PSX) on Tuesday, marking a significant step for the company as it ventures into the electric vehicle segment amid the federal government's launch of the National Electric Vehicle (NEV) Policy 2025-30. According to the company's communication with the PSX, Atlas Honda is actively working with regulatory authorities to secure necessary approvals and complete quality and road testing before the official market rollout. The company stated its intention to launch the electric scooter before the fiscal year concludes. While the official name of the model has not yet been disclosed, strong market speculation surrounds the 'BENLY e' scooter, which the company had previously introduced during a soft launch event at its Sheikhupura factory in 2023. Originally developed by Honda Motor Co. in Japan for business-use deliveries, the BENLY e scooter features a compact electric system, a spacious rear cargo deck, and a reverse-assist function, making it particularly suitable for congested urban areas in Pakistan. Atlas Honda's entry into the electric two-wheeler segment comes at a time when the government has formally embarked on a determined push to shift Pakistan towards sustainable transportation solutions. The NEV Policy 2025-30, unveiled last Thursday by Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan, sets ambitious targets, including ensuring that 30 percent of all new vehicles sold in the country by 2030 will be electric. The policy is expected to generate substantial economic and environmental benefits, including savings of 2.07 billion litres of fuel annually, equivalent to nearly one billion dollars in foreign exchange, and a reduction in carbon emissions by 4.5 million tons per year. An initial subsidy of nine billion rupees has been allocated for the fiscal year 2025-26 to facilitate the introduction of over 116,000 electric bikes and more than 3,000 electric rickshaws. Notably, a quarter of this subsidy is earmarked for women, with the government positioning electric mobility as a safer, affordable, and eco-friendly option for female commuters in urban centres. Copyright Business Recorder, 2025
Business Recorder
24-06-2025
- Automotive
- Business Recorder
National EV Policy: Atlas Honda to launch electric scooter in Pakistan this fiscal year
Atlas Honda announced on Tuesday of launching an electric scooter tailored for Pakistani consumers in the current fiscal year. As per an official notice sent to the Pakistan Stock Exchange (PSX), the company announced its intention following the government's announcement of the National Electric Vehicle Policy. As per Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan, the new EV policy was aligned with the prime minister's vision of promoting clean, sustainable, and affordable transportation while encouraging local industry and protecting the environment. Akhtar said one of the major targets under the policy was to ensure that 30% of all new vehicles sold in Pakistan by 2030 would be electric. The transition is projected to save 2.07 billion litres of fuel annually, amounting to nearly $1 billion in foreign exchange savings. Meanwhile, Honda said that it was working closely with regulatory bodies to secure permissions and approvals to ensure a smooth rollout. 'After completing the necessary quality and road tests, the company plans to launch the product in the current financial year,' the company wrote to PSX. Honda has tested Electric Vehicle (EVs) in the past. In 2023, the company unveiled its electric scooter 'BENLEY e' during a 'soft' launch at its Sheikhupura factory. Chief Officer of Motorcycle and Power Products at Atlas Honda Noriaki Abe said at the event that 'BENLY e' will be offered for test marketing while new products will be offered based on feedback.
