Islamabad, Feb 14: HUBCO Green (Private) Limited, a newly established subsidiary of Hub Power Holdings Limited, has entered into a strategic partnership with Pakistan State Oil (PSO) to set up electric vehicle (EV) charging stations at multiple PSO outlets across the country. This collaboration marks a significant step in Hub Power Holdings Limited’s recent venture into the EV charging sector, as announced last year by its parent company, The Hub Power Company Limited (PSX: HUBC).
The joint initiative will see HUBCO Green play a vital role in the development of EV infrastructure in Pakistan, aimed at boosting the adoption of electric vehicles in the country. As part of the collaboration, the company plans to install charging stations at select PSO locations, which will provide EV owners with accessible and reliable charging points nationwide.
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Hub Power Holdings Limited, a key player in Pakistan’s energy sector, is expanding its portfolio to include green and sustainable technologies. The establishment of HUBCO Green aligns with this shift, focusing on the development and operation of EV charging infrastructure. The company’s ambitious plan goes beyond just installation, as it also intends to import, manufacture, and assemble various charging accessories, ensuring that the entire ecosystem for electric vehicles is supported locally.
This move reflects the growing trend towards sustainability in Pakistan’s energy and transport sectors, with more companies exploring opportunities in clean energy alternatives. As part of this effort, the collaboration with PSO is expected to contribute to reducing the carbon footprint of the transportation sector, aligning with global environmental goals while catering to the evolving needs of the local market.
The initiative also highlights the expanding role of private-sector companies in driving Pakistan’s transition to greener, more sustainable energy solutions. By investing in infrastructure and supporting the growth of electric mobility, HUBCO Green and its partners are positioning themselves at the forefront of a greener future for Pakistan.
