The Punjab government has announced the installment plan and balloting schedule for the E-Taxi Scheme 2025. The program seeks to create job opportunities for unemployed residents and young drivers while also tackling rising air pollution. Officials emphasized that the scheme combines employment creation with sustainable urban transport.
Interest-Free Installments for Electric Taxis
A key highlight of the program is its interest-free installment structure. Drivers can now access electric taxis through affordable monthly payments. This feature aims to make ownership possible for individuals who could not afford vehicles previously. The scheme also ensures financial relief by removing interest burdens.
First Phase to Distribute 1,100 Vehicles
In the initial phase, authorities will distribute 1,100 electric taxis to selected drivers. This rollout will directly uplift the taxi sector, especially in large urban areas. Beneficiaries will gain a sustainable income source, while passengers will enjoy modern, eco-friendly services.
Vehicle Models and Features
The scheme includes popular electric models such as the Honri Ve 2.0 and the Dongfeng Box. Each vehicle will come equipped with GPS tracking, smart meters, and official e-taxi branding. These features will enhance passenger safety and ensure reliable operations.
Eligibility Criteria for Applicants
The program is open to Punjab residents aged 18 or above. Applicants must hold a valid driving license and maintain a clean bank record. Both male and female drivers are encouraged to participate in the scheme.
Balloting and Key Dates
The online registration portal will open in September 2025. Interested applicants must complete submissions by October 2025. Authorities will conduct balloting and verification in November 2025 to ensure transparent selection. Distribution of electric taxis will begin in December 2025, officially launching the initiative.
Installment Plan Details
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Estimated Price: Rs 6–6.5 million
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Down Payment (30%): Rs 1.8–2 million
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Bank Financing (70%): Rs 4.5 million
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Monthly Installment (Estimated): Rs 60,000
- https://www.youtube.com/watch?v=_38DJaE_r-A
