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HUBCO Green Signs Collaboration With Puma Energy Pakistan To Expand NEV Charging

  • October 21, 2026
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HUBCO Green (Private) Limited has signed a collaboration agreement with Puma Energy Pakistan to establish new energy vehicle (NEV) charging infrastructure across the country. The company said the deal fits its strategic objective of expanding Pakistan’s NEV charging network, and that it brings together Puma’s nationwide retail network and HUBCO Green’s expertise in NEV charging infrastructure to set up charging facilities at strategic locations. The announcement does not say how many sites are planned, where they will be, what types of chargers will be installed, how much will be invested, or when the first stations will open.

HUBCO Green was set up in February 2025 as a subsidiary of Hub Power Company Limited (HUBCO) to build and run electric vehicle charging infrastructure, and it has been signing site partners since. Its first agreement was with Pakistan State Oil (PSO), covering charging stations at PSO locations, and its first station opened at Ocean Mall in Karachi. In June 2025 it inaugurated a station on the Lahore-Islamabad Motorway (M-2) with PSO, as part of a long-term plan to place charging points about every 200 kilometres between Karachi and Peshawar. It has also worked with BYD Pakistan and Mega Motor Company, HUBCO’s vehicle distribution arm, on what they described as the country’s largest direct current (DC) fast-charging network, so the Puma deal adds a second fuel retailer to a rollout that began with PSO.

For Puma, the agreement continues an effort to turn its fuel stations into places where electric vehicle owners can also charge. In February 2025 Puma Energy signed a separate agreement with Adaptive Electric, a different charging company, to fit fast charging at 624 of its fuel stations across Pakistan. The new HUBCO Green deal does not say whether it covers the same sites, a different set, or a share of those stations, and it is not clear whether Puma will host more than one charging operator at the same location. Fuel stations are attractive hosts because they sit on highways and in cities, already have customers who expect to stop for a few minutes, and have land and electricity connections, which cuts the cost and time of building a charging site from nothing.

The practical test for drivers will be how fast the network grows and how well it works. Range anxiety is one of the main barriers to electric vehicle adoption on Pakistan’s long intercity routes, and a charger only helps if it is reliable, easy to pay for, and not occupied or broken when a driver arrives. Power tariffs for charging stations were cut by 45 percent in 2025, which should help operators, but pricing for customers has yet to be announced. Until HUBCO Green and Puma publish locations, charger specifications, and a timeline, the agreement is a statement of intent, and its value will be judged by how many working stations appear on Puma’s forecourts over the coming year.

Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem.

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Related Topics
  • BYD Pakistan
  • Electric Vehicles
  • Fuel Retail
  • HUBCO Green
  • NEV Charging
  • Puma Energy Pakistan
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