Attock Petroleum Partners with HUBCO Green for EV Charging Infrastructure

Attock Petroleum Limited (APL) has entered into a collaborative agreement with HUBCO Green (Private) Limited (HGL), a wholly-owned subsidiary of Hub Power Holding Limited, to establish and promote electric vehicle (EV) charging infrastructure at designated APL locations throughout Pakistan.

APL communicated this development in a notification to the Pakistan Stock Exchange (PSX) on Friday.

The notice stated, “We are pleased to announce that Attock Petroleum Limited (APL) has formalized a collaboration agreement with HUBCO Green (Private) Limited (HGL), a wholly-owned subsidiary of Hub Power Holding Limited.”

“As per the agreement, APL & HGL will jointly develop and market electric vehicle (EV) charging infrastructure at specific APL sites across Pakistan. The agreement was officially signed on April 24, 2025.”

HUBCO Green inaugurated its inaugural EV charging station at Ocean Mall, Karachi, on January 21, 2025, with intentions to deploy cutting-edge and dependable EV charging infrastructure nationwide, encompassing motorways, highways, major urban centers, and destination charging venues such as upscale shopping centers and commercial districts.

Subsequently, in February 2025, it revealed a collaboration agreement with Pakistan State Oil Company Limited (PSO) for the implementation of EV charging infrastructure at PSO stations across the country.

To bolster domestic EV manufacturing, the government issued licenses to 57 EV manufacturers in February of this year, comprising 55 manufacturers for two and three-wheeled vehicles and two for the assembly of four-wheeled vehicles.

Furthermore, the government declared a 45% reduction in the tariff for EV charging stations, decreasing it from Rs71.10 to Rs39.40, at the onset of 2025, with the objective of “making EVs accessible to the general public”.