Hamsafar GLDrive Electric. Drive Smart.
Hamsafar StandardGolf cart electric. Solar-assisted. L6e aligned.
HumrahiClean transit for Pakistan's cities.
NikkiPassenger electric. Solar-assisted. L6e aligned.
Swappable Battery StationsSwap. Charge. Keep Moving.From electric vehicles to bike, rickshaw, and qingqi conversion, we build practical EV technology for Pakistani roads, riders, and fleets.
ECONOMIAWe signed a landmark MoU between COMSATS, represented by Ambassador M. Nafees Zakaria on behalf of COMSATS, and CEO Economia M. Aslam Azad, to develop Pakistan's first indigenous electric vehicle conversion technology — a bold step toward a cleaner, self-reliant future.
ECONOMIA represents a company built on local engineering, cleaner mobility, and long-term industrial confidence. It reflects our commitment to designing electric vehicle technology in Pakistan for Pakistan.
As we expand awareness of our innovation, this identity helps people connect the ECONOMIA name with trusted engineering, purpose-built electric mobility, and a proudly Pakistani future.
Practical electric mobility solutions designed and engineered in Pakistan, from complete EV platforms to conversion systems and charging ecosystem support.
Purpose-built electric vehicles engineered for Pakistani roads — from solar-powered utility carts to full EV platforms. Zero fuel costs, zero emissions, and total freedom from the grid.
Convert your petrol motorcycle, rickshaw, or qingqi three-wheeler into a clean electric ride — without replacing the frame. Our indigenously developed conversion kits are engineered for bikes, auto-rickshaws, and 3-wheelers on Pakistani roads and budgets.
A network of smart battery swap stations where EV riders exchange depleted packs for fully-charged ones in minutes — eliminating range anxiety across Pakistan's cities and highways.
ECONOMIA, the brand name of AGECO (Pvt.) Ltd., was established in 1980 and has been at the forefront of energy-saving solutions in Pakistan. From pioneering central heating systems to launching indigenous electric vehicle technology, we continue to push boundaries.
Pioneers in designing and manufacturing riskless and energy-saving central heating systems in Pakistan since 1997. Our foundation in precision engineering drives everything we build today.
In December 2025, we launched our indigenously developed EV conversion technology in partnership with COMSATS — enabling the conversion of petrol bikes, rickshaws, and qingqi three-wheelers into clean electric vehicles.
With over 50 HVAC projects completed across government sectors and more than 25,000 installations nationwide, we have earned the trust of institutions that demand reliability and performance.
Every product we create is designed, engineered, and manufactured locally. We believe in building Pakistan's technological independence from the ground up.
Our leadership combines engineering depth, operational discipline, and a long-term commitment to clean mobility in Pakistan.
Leading ECONOMIA with a strategic focus on indigenous innovation, scalable electric mobility, and sustainable industrial growth for Pakistan.
Responsible for operational excellence, delivery systems, and execution capabilities that convert strategy into measurable outcomes across product, service, and infrastructure programs.
100% locally engineered conversion kits — reducing import dependency
Convert existing petrol bikes, rickshaws, and qingqi three-wheelers to electric instead of replacing them
Significantly lower total cost compared to importing electric vehicles
Reducing carbon emissions while extending vehicle lifecycle
From fleet operators to homeowners — real results, real people.
“Indigenous EVs can help the country reduce the import bill, result in import substitution to relieve pressure on forex, improve the health index, generate employment, and contribute towards achieving the UN SDGs.”
“Excellent work by team Economia.”
“Indigenous EVs can help the country reduce the import bill, result in import substitution to relieve pressure on forex, improve the health index, generate employment, and contribute towards achieving the UN SDGs.”
“Excellent work by team Economia.”
“Indigenous EVs can help the country reduce the import bill, result in import substitution to relieve pressure on forex, improve the health index, generate employment, and contribute towards achieving the UN SDGs.”
“Excellent work by team Economia.”
Islamabad, 11th December 2025 — COMSATS launches indigenously developed Electric Vehicle technology under the ECONOMIA brand, with the first commercial deployment of EV-converted rickshaws at COMSATS Secretariat.
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COMSATS and SANSO Group of Industries sign a landmark Memorandum of Understanding covering EV, Battery Technology, TeleHealth, Fintech, and Cybersecurity — with AGECO (Pvt.) Ltd. as a core partner in EV collaboration.
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When a petrol 70cc couldn't handle the hills, one rider found his answer in electric conversion
Read ArticleWhether you're interested in bike conversion, rickshaw retrofitting, qingqi electric conversion, partnership opportunities, or franchise inquiries, we'd love to hear from you.
Plot 262, Kahuta Triangle
Industrial Area, Islamabad
Pakistan
Monday — Saturday
8:00 AM — 5:00 PM
Pakistan Standard Time
