Pakistan’s Rs100 Billion Electric Vehicle Scheme: A Green Revolution for Bikes and Rickshaws

Pakistan is taking a bold step toward a cleaner, greener future with its Rs100 billion electric vehicle scheme. This exciting initiative promotes eco-friendly transportation by offering subsidized electric bikes and rickshaws. The government aims to make sustainable travel affordable for everyone while reducing air pollution and fuel costs. Let’s dive into the details of this transformative plan and see how it’s shaping Pakistan’s future.

What is the Electric Vehicle Scheme?

The government of Pakistan launched the electric vehicle scheme to boost the use of clean energy vehicles. Approved by the Economic Coordination Committee (ECC), this plan allocates Rs100 billion to provide 116,000 electric bikes and 3,170 electric rickshaws at subsidized rates. The goal is to ensure that by 2030, 30% of vehicles sold in Pakistan run on clean energy. This initiative tackles air pollution, reduces reliance on costly fuel imports, and supports a healthier environment.

How Does the Electric Vehicle Scheme Work?

The scheme works in two phases. In the first phase, 40,000 electric bikes and 1,000 rickshaws will be distributed. The government offers financial support to make these vehicles affordable. For electric bikes, buyers receive Rs50,000 in equity and an interest-free loan of up to Rs200,000. For rickshaws, the support includes Rs200,000 in equity and a Rs180,000 interest-free loan. This makes owning an electric vehicle easier for everyday people.

Who Can Apply for the Scheme?

Anyone aged 18 to 65 can apply for this scheme. The government has ensured inclusivity by reserving a 25% quota for women, encouraging their participation in green mobility. Additionally, Balochistan gets a 10% extra quota to ensure fair distribution across provinces. Top-performing students in federal colleges will also receive 219 free electric bikes as a reward for their academic excellence.

Why Fund the Electric Vehicle Scheme?

To fund this ambitious plan, the government introduced a 1-3% levy on conventional car owners, expecting to collect Rs122 billion. This money will support the subsidies for electric bikes and rickshaws. The levy varies based on car size: 1% for cars up to 1300cc, 2% for 1300cc to 1800cc, and 3% for cars above 1800cc. This approach encourages people to switch to eco-friendly vehicles while funding the scheme.

Benefits of the Electric Vehicle Scheme

This scheme brings multiple benefits to Pakistan and its people. Here’s why it’s a game-changer:

Cleaner Environment

Electric vehicles produce zero emissions, reducing air pollution in cities like Lahore, Karachi, and Islamabad. The scheme aims to cut carbon emissions by 4.5 million tons annually, making the air cleaner and healthier for everyone.

Saving Money on Fuel

Switching to electric bikes and rickshaws saves money. Electricity is much cheaper than petrol or diesel, and users can recover their investment in less than two years. The scheme is expected to save Rs283 billion in fuel costs every year.

Job Creation and Local Industry Growth

The electric vehicle scheme supports local manufacturing. Over 90% of parts for e-bikes and rickshaws are made in Pakistan, boosting the economy. New battery plants and charging stations will create jobs and encourage innovation.

Empowering Women and Youth

With a 25% quota for women and free bikes for top students, the scheme promotes inclusivity and rewards hard work. It also provides unemployed youth with electric rickshaws to start small businesses, fostering financial independence.

How to Apply for the Electric Vehicle Scheme

Applying for the scheme is simple and transparent. The government will launch a digital platform for applications, ensuring fairness. If applications exceed the quota, an electronic balloting system will select participants. Eligible manufacturers, approved by the Engineering Development Board, will provide high-quality vehicles. Keep an eye on the official launch on August 14, 2025, to apply

Challenges and Future Plans

While the scheme is promising, Pakistan faces challenges like limited EV charging stations. The government plans to install 40 new charging stations on motorways and introduce battery-swapping systems. Building codes will also require EV charging points in new buildings to support wider adoption. These steps will make electric vehicles more practical for daily use.

Why This Matters for Pakistan

Pakistan spends billions on fuel imports every year, straining the economy. Air pollution causes health issues and premature deaths in urban areas. The electric vehicle scheme addresses these problems by promoting clean, affordable transport. It’s not just about bikes and rickshaws—it’s about building a sustainable future for all Pakistanis.

Join the Green Revolution

The Rs100 billion electric vehicle scheme is a bold move toward a cleaner, greener Pakistan. By making electric bikes and rickshaws affordable, the government is empowering people and protecting the environment. Whether you’re a student, a worker, or an entrepreneur, this scheme offers opportunities to save money and contribute to a better future. Stay tuned for the official launch and join the green revolution!