Pakistan’s electric vehicle market welcomes the Honda ICON-e, an eco-friendly scooter now available through Bank Alfalah’s 0% markup instalment plan, offering affordable and sustainable commuting.
Affordable Electric Mobility for Pakistanis
Atlas Honda has introduced the ICON-e, its first electric scooter, priced at approximately PKR 419,900, positioning it as a premium option in Pakistan’s growing EV market. Partnering with Bank Alfalah, the company aims to make this green ride accessible through a no-interest financing scheme, easing the financial burden for buyers. The plan allows customers to pay in easy monthly instalments over flexible tenures ranging from 3 to 36 months, with 0% markup available for 3- and 6-month plans.
The scooter’s launch comes as Pakistan’s EV market expands, driven by rising fuel costs and government incentives. Urban commuters in cities like Karachi and Lahore are increasingly turning to electric two-wheelers for cost-effective and environmentally friendly travel. The ICON-e stands out with its advanced features, sleek design, and Honda’s trusted build quality.
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Key Features of the Honda ICON-e
The Honda ICON-e is designed for city commuting, offering efficiency and convenience. Its key specifications include:
- Motor: 1.58 kW DC brushless motor with 85 Nm torque.
- Battery: Removable 48V, 30.6 Ah lithium-ion battery, weighing 11.6 kg.
- Range: Up to 65 km in Econ mode and 53 km in Standard mode.
- Top Speed: 55–90 km/h, depending on conditions.
- Braking: Combined Brake System (CBS) for enhanced safety.
- Design: Compact dimensions (1796 mm length, 680 mm width) with telescopic front suspension for smooth rides.
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These features make the ICON-e ideal for students, professionals, and daily commuters seeking a reliable, low-maintenance alternative to petrol-powered bikes.
Bank Alfalah’s Financing Plan
Bank Alfalah’s SBS Instalment Plan simplifies ownership with no markup for shorter tenures. Customers can choose:
- 3-month plan: PKR 139,900 per month.
- 6-month plan: PKR 69,900 per month.
- Longer tenures (9–36 months): Starting at PKR 19,900 per month, with a 2.5% processing fee or PKR 500, whichever is higher.
The plan includes free delivery to the nearest Atlas Honda dealership and no hidden charges for credit card holders. However, new cardholders must wait three months post-activation to avail the offer. For bookings, customers can apply online at Bank Alfalah’s website or call 021-111-225-111.
For more details, visit Bank Alfalah’s Honda ICON-e Instalment Plan page.
Why It Matters
The launch aligns with Pakistan’s push for sustainable transport amid soaring petrol prices. The ICON-e’s zero-emission design helps reduce environmental impact while saving on fuel costs. Its premium pricing reflects Honda’s focus on quality, but the instalment plan makes it accessible to a broader audience. Industry observers note that such initiatives by major brands signal a strong shift toward electric mobility in Pakistan, with the EV market expected to grow significantly by 2033.
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How to Get Started
Interested buyers can contact Bank Alfalah’s 24/7 helpline at 021-111-225-111 or visit a nearby Atlas Honda dealership. The limited-time 0% markup offer encourages quick action, as prices may vary due to dealer margins or additional charges. For complaints or queries, customers can email [email protected] or use the Sunwai Complaint Portal.
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