The Airlink AirV electric bike venture is now official. On July 23, 2026, the board of directors of Air Link Communication Limited approved a new electric bike manufacturing project under its own brand name, AirV, setting the stage for one of Pakistan’s best-known listed tech companies to enter the e-mobility race. The plant will come up at the company’s existing facility in the Sundar Green Special Economic Zone (SGSEZ) in Lahore.
What Airlink’s Board Approved
The board approved the establishment of an electric bike manufacturing project under the company’s own brand, AirV, as disclosed to the Pakistan Stock Exchange (PSX). The board has also authorised the company’s management to complete all necessary regulatory, commercial, and operational requirements for the project.
The announcement was made through a material information disclosure submitted to the PSX under Section 96 of the Securities Act, 2015. That is a legal requirement for any PSX-listed company sharing price-sensitive news, which tells you Airlink’s own leadership sees this as a significant business decision.
One detail that existing coverage largely glosses over: the disclosure did not specify the project’s investment value, production capacity, or expected commencement date. So while the direction is clear, many key numbers are still to come. Investors and customers will need to wait for follow-up disclosures before they know the price range, output targets, or a launch timeline for AirV bikes.
Why Sundar Green SEZ and Why Now
The company will establish an advanced electric bike assembly plant at its manufacturing facility in the Sundar Green Special Economic Zone, Lahore. This is not a greenfield site built from scratch. In September 2025, the company announced plans to establish a production facility spread over eight acres, with around 1.4 million square feet of purpose-built infrastructure. Air Link owns three acres of the site, while the remaining five acres are owned by its wholly owned subsidiary, Select Technologies (Private) Limited.
The wider facility was also designed with sustainability in mind. It includes a one-megawatt solar power generation system to reduce energy costs, lower emissions, and support sustainable operations. Building an electric bike plant inside a solar-powered factory is a strong message to send in a country where electricity costs have shot up sharply.
Airlink already has deep manufacturing experience at this location. The company operates one of Pakistan’s most advanced technology manufacturing facilities in Lahore, assembling smartphones, smart TVs, wearables, and computing devices for leading global brands such as Xiaomi, Tecno, iMiki, and Acer. Moving into electric bikes means using the same factory floor, the same supply chain relationships, and the same skilled workforce, a smart way to spread fixed costs.
The Business Case Behind the Airlink AirV Electric Bike Move
Airlink’s smartphone distribution business has faced some pressure lately. In the fiscal year ending June 30, 2025, Air Link Communication had annual revenue of Rs 104.38 billion, down 19.55% year-on-year. That kind of revenue drop makes diversification more urgent, not optional.
Air Link said the project is part of its long-term strategy to diversify its manufacturing portfolio and tap growing demand for electric vehicles in Pakistan. The timing lines up with one of the biggest tailwinds the EV sector has ever seen in this country.
Momentum in Pakistan’s EV market accelerated further in February 2026 with the introduction of the Pakistan Accelerated Vehicle Electrification (PAVE) program. The scheme provides a subsidy covering up to 20% of the purchase price of eligible electric motorcycles and auto-rickshaws, while offering interest-free financing for the remaining balance. For a new EV brand, that kind of government support lowers the price barrier for first-time buyers significantly.
Phase 2 of PAVE has also been approved at a large scale. The federal government approved the second phase of the PAVE Program under the NEV Policy 2025-30, with a Rs 9 billion package approved by the Economic Coordination Committee. For the current fiscal year, the overall target is 119,170 vehicles, including 116,000 electric bikes. If AirV bikes qualify under the PAVE scheme, Airlink could tap directly into that government-funded demand pool.
Experts project a 15% EV market share by 2027 in Pakistan’s two-wheeler segment. Pakistan also has over 26 million motorbikes on its roads, making this one of the largest potential two-wheeler EV markets in South Asia. The opportunity is real, and Airlink is moving at the right moment.
Stock Market Reacts Positively
The market wasted no time responding. Following the announcement, Air Link’s share price rose 2.10% to Rs 135.43 at the PSX by 3:50 pm on Thursday. A 2% single-day gain on a news disclosure shows that investors see this as a credible growth pivot, not just a press release.
The Airlink AirV electric bike brand also fits neatly into the company’s wider expansion plans. With the Pakistani government planning 3,000 charging stations by 2030 and offering incentives, Airlink’s entry into EVs could position it as a front-runner in the local green mobility market.
What This Means for Pakistani Buyers and the EV Market
For everyday Pakistani buyers, the arrival of a PSX-listed company with a national retail and service network in the EV bike space is meaningful. Airlink’s retail network already spans key cities across Pakistan, offering smartphones, smart TVs, wearables, and accessories from top global brands. That existing retail footprint could become a major advantage when AirV bikes need to reach customers and, more importantly, when those bikes need after-sales service.
Pakistan’s EV bike market has been dominated by smaller brands so far. A company with Airlink’s scale, listed status, and manufacturing infrastructure entering the segment adds a new level of credibility. If AirV bikes qualify for the government’s PAVE subsidy portal, they could become accessible to students, delivery riders, and daily commuters at a much lower out-of-pocket cost.
The bigger picture here is that Pakistan’s tech sector is not just about software and smartphones anymore. Companies like Airlink are now betting on hardware, manufacturing, and clean transport as the next growth chapter. For a country that spends billions on fuel imports every year, that shift matters well beyond the stock market.
Learn more about how Pakistan is building its tech and industrial future at Airlink’s official website.
Frequently Asked Questions
What is AirV?
AirV is Airlink Communication’s new electric bike brand. The company approved the brand and a manufacturing project under it on July 23, 2026. The plant will be set up at the Sundar Green Special Economic Zone in Lahore.
Where will Airlink AirV electric bikes be made?
The Airlink AirV electric bike assembly plant will be located at Airlink’s existing manufacturing campus in the Sundar Green Special Economic Zone (SGSEZ), Lahore. The wider facility covers eight acres and includes a one-megawatt solar power system.
How much will Airlink invest in the AirV project?
The PSX disclosure did not mention any investment figure, production capacity, or start date for the AirV project. These details are expected in future regulatory filings as the company completes its regulatory and commercial groundwork.
Can AirV bikes qualify for the PAVE subsidy?
That has not been confirmed yet. However, if AirV bikes meet the eligibility criteria under Pakistan’s PAVE program, buyers could receive a subsidy of up to Rs 80,000 per bike, plus interest-free financing options. The company will need to register with the Engineering Development Board (EDB) as an approved OEM.