Everything You Need to Know About Pakistan’s Electric Bikes Subsidy Scheme

The Economic Coordination Committee (ECC) of the Cabinet today approved a summary submitted by the Ministry of Industries and Production regarding the implementation of a subsidy scheme to promote the adoption of electric bikes and rickshaws. ProPakistani has obtained exclusive details about the subsidy scheme and how the government plans to roll it out. An allocation of Rs. 9 billion is available in the budget for the FY26 to subsidize electric vehicles. This will be sufficient to subsidize around 116,000 electric bikes and 3,170 electric rikshaws/loaders. In order to allow refinement through experience, scheme will be rolled out in two phases, in the first phase, 40,000 electric bikes and 1,000 electric rikshaws/loaders will be offered while remaining 76,000 electric bikes and 2,170 rikshaws/loaders will be offered in the second phase. The basic structure of the subsidized financing scheme is as under: Minor adjustments to the scheme, such as changes in number of electric bikes and rikshaws/loaders or quota readjustments in case a particular quota remains unutilized, may be made by the Steering Committee during its implementation while remaining within the allocated funds.