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Govt Revises E-Bike Policy After Banks Reject 91% Applications
Why this matters: an automotive development that could shape industry direction or buying decisions.
Pakistan’s subsidized electric bike scheme has hit a major roadblock, and the problem is not a lack of buyer interest. It is a bank approval. Commercial banks approved only 4,075 applications out of 44,689 received under the government’s electric bike financing scheme. That means nearly 91% of e-bik
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