All You Want to Know About Pakistan’s Electric Bikes Subsidy Scheme
What Is the Pakistan’s Electric Bikes Subsidy Scheme?
The Economic Coordination Committee (ECC) has given formal approval to a subsidy scheme for the promotion of electric bikes and electric rickshaws in Pakistan. The total amount of Rs 9 billion has been allocated for FY2025‑26 for subsidizing approximately 116,000 electric bikes and 3,170 electric rickshaws/loaders in two phases.
Scheme Structure & Financing
Phase‑Wise Rollout
Phase 1: 40,000 electric bikes + 1,000 electric rickshaws/loaders
Phase 2: remaining 76,000 bikes + 2,170 rickshaws/loaders
Financing Details
Maximum loan: Rs 200,000 for a bike; Rs 880,000 for a rikshaw/loader
Markup: 6‑month KIBOR + 2.75%, tenor up to 2 years (bikes) or 3 years (rikshaws)
Equity: Government covers 20% up to Rs 50,000 (bike) or Rs 200,000 (rikshaw) and bears markup cost, bringing borrower’s interest to zero
Islamic financing also available
Eligibility & Quota System
Open to citizens of Pakistan (inc. Gilgit‑Baltistan & AJK)
Age restriction: 18–65 years for bicycles; 21–65 years for rikshaws
Province-wise distribution based on 2023 census, with 10% set aside for Balochistan, quotas reallocated from Punjab and Sindh
25% reservation for women, 10% for commercial delivery riders in bicycle segment
In rikshaw segment, preference to persons; fleet operators restricted to 30% of overall quota
Application Process & Transparency
Applications through electronic platform: entirely online, from application to balloting to follow-up progress
Electronic balloting employed if applications are over provincial or category quota
Single electric bike or rikshaw permitted per citizen; fleet operators restricted according to Steering Committee provisions
Shortlisted manufacturers/assemblers picked by Engineering Development Board (EDB) on the basis of capability; only their certified E‑vehicles permissible to selected candidates
Third-party audit along with periodic AG-Pakistan audits ensure openness. Branding guidelines and quality endorsement by Steering Committee in position
Benefits & Broader Impact
Individual & Financial Benefits
No fuel costs—cost benefits from day one
Zero-interest financing keeps EVs within reach
Preferred access to women and students encourages mobility and empowerment
National & Environmental Benefits
Less oil import bill and carbon footprint
Boost for local EV production and aftermarket maintenance
Target to electrify 30% of vehicles by 2030 with a goal of 2.2 million EVs by 2030
Key Deadlines & Launch Information
Launch of Scheme planned around Independence Day, 14 August 2025, by PM Shehbaz Sharif
Digital registration portal anticipated going live shortly; watch this space for updates through Media, EDB & Ministry websites
Early beneficiaries are free bicycles for outstanding performing government college students
The Pakistan’s Electric Bikes Subsidy Scheme is a revolutionary step towards clean transport, economic costs, and social empowerment—particularly among students, women, and delivery personnel. With end-to-end digitalized processes, zero-interest loans, and robust transparency, this scheme is ready to revolutionalize urban transport across the country.
Whether you are a student, delivery rider, or family looking for affordable, sustainable transport, this program provides a historic chance. Save this guide, apply when openings come out, and get the latest through official channels. Together, we ride towards a greener Pakistan!
FAQs
Q1: Who is eligible for the Electric Bike Subsidy Scheme in Pakistan?
A: All Pakistani citizens aged between 18 and 65 years are eligible for electric bikes. For electric rickshaws/loaders, the eligible age is 21 to 65 years.
Q2: Is there any quota reserved for women under this scheme?
A: Yes, 25% of the quota is reserved for women in the electric bike segment to promote female mobility and empowerment.
Q3: How much subsidy will the government provide on electric bikes?
A: The government will contribute up to Rs. 50,000 as equity and also bear the entire markup cost, making the financing interest-free.
Q4: Can I get more than one electric bike or rickshaw under the scheme?
A: No, only one electric bike or rikshaw/loader will be allowed per eligible citizen.
Q5: When will the scheme launch?
A: The scheme is expected to launch around 14 August 2025. Stay updated through government announcements and the official digital platform.
