KARACHI: The federal government has launched a cost-sharing, interest-free loan scheme for electric bikes, rickshaws, and loaders to promote energy efficiency and green technologies in the automotive sector.

According to a circular issued by the State Bank of Pakistan (SBP) on Monday, the scheme titled Cost Sharing Scheme for Electric Bikes and Rickshaws or Loaders will provide interest-free loans to end users, with the government covering the entire markup.

The programme targets financing of approximately 116,000 e-bikes and 3,170 e-rickshaws or loaders during FY26. A minimum of 25 per cent of e-bikes will be allocated to women, while up to........

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