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LAHORE, Nov 17 (APP): Three-wheeler electric vehicles plant was inaugurated in Punjab on Monday.
Provincial Minister for Industries and Commerce Shafay Hussain inaugurated the electric vehicles plant in Raiwind. He also observed various stages of electric rickshaws production.
Addressing the inauguration ceremony, he said that the Punjab government is paying special attention to the promotion of the electric vehicles sector. The province’s EV policy is being issued soon while work is also being done on the environment credit policy.
One thousand electric buses have been ordered from China and efforts are being made to establish an assembling plant for these buses in Punjab, he added.
According to him, the promotion of the electric vehicles sector will reduce environmental pollution and also help in eliminating smog. An industrial estate has also been approved on 1400 acres of barren land in Sialkot.
Meanwhile, interest-free loans are being given for the promotion of business activities under the Easy Business Finance Scheme, while the scope of Business Facilitation Centers is also being expanded to more cities, he added.