Yadea Pakistan targets 20% EV market share by 2025

LAHORE: Yadea, the world’s largest producer of electric two-wheelers, unveiled four innovative electric vehicle (EV) models on Wednesday, including the GT 30, as part of its ambitious plan to capture 20 per cent of the country’s EV market by 2025.

Speaking at the launch event, Managing Director of Yadea Pakistan Muhammad Salman highlighted the country’s potential for substantial growth in the EV sector. He attributed this to rising environmental awareness, escalating fuel prices and supportive government initiatives promoting green mobility. Industry projections indicate that the country’s EV market could grow by over 80 per cent by the end of next year, with two-wheelers leading the charge due to their affordability and practicality for urban commuting.