Govt to Give Rs. 100 Billion Subsidy on Electric Vehicles Till 2030: A Big Boost for Pakistan’s Clean Transport Future

Govt to Give Rs.100 Billion Subsidy on Electric Vehicles

The Government of Pakistan has announced a major Rs. 100 Billion Subsidy on Electric Vehicles to make green transport affordable and accessible for citizens across the country. This subsidy is part of the Pakistan Accelerated Vehicle Electrification (PAVE) Scheme, aiming to expand electric mobility, reduce fuel dependence, cut pollution, and support local manufacturing through 2030. The first subsidy transfers have already started, marking a new step toward sustainable transport.

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Here’s a quick view of the key facts:

Key Point	Details
Scheme Name	Pakistan Accelerated Vehicle Electrification (PAVE)
Total Subsidy	Rs. 100.36 Billion till 2030
Target Vehicles	Electric Bikes, Rickshaws, Loaders, Cars, Buses, Trucks
Phase‑I Target	41,000 electric vehicles
Subsidy Schemes	Self Finance & Bank Lease
Implementing Body	Engineering Development Board (EDB)
Policy Framework	New Energy Vehicles Policy (NEVP 2025–2030)
Beneficiary Support	Direct payments and easy financing

What Is the Government’s EV Subsidy Plan?

The Rs. 100 Billion Subsidy on Electric Vehicles is part of Pakistan’s long‑term plan to shift toward affordable, clean, and sustainable transport options. Under the PAVE Scheme, the government will provide financial and capital support for electric bikes, rickshaws, loaders, cars, buses, and trucks across the country.

This massive incentive program aims to:

Reduce dependence on imported petrol and diesel.
Lower air pollution in cities and urban centers.
Support domestic electric vehicle production.
Help everyday citizens afford eco‑friendly vehicles.

The initiative is being implemented by the Engineering Development Board (EDB) under the Ministry of Industries and Production, in line with the New Energy Vehicles Policy (NEVP) 2025–2030.

Phase‑I and Phase‑II: How the Subsidy Rolls Out

Phase‑I focuses on rapid deployment of electric two‑ and three‑wheelers. It includes:

40,000 electric bikes
1,000 electric rickshaws and loaders

These are being supported with capital subsidies and financial facilitation so that beneficiaries across Pakistan can receive their vehicles more affordably.

Phase‑II will expand the program further by offering subsidies to an additional 78,170 electric vehicles during the 2025–26 period, backed by around Rs. 8.95 billion in support.

How Subsidies Are Given (Two Major Options)

The PAVE scheme offers two main ways to receive the subsidy:

Self Finance Scheme

Under this route:

Applicants buy the electric vehicle from the manufacturer at full price.
After verification, the government reimburses a subsidy directly to the applicant’s bank account.
For e‑bikes, the reimbursed amount can be up to Rs. 80,000.

Rs. 100 Billion Subsidy on Electric Vehicles

Bank Lease Scheme

In this option:

Participating banks offer installment plans at subsidized rates.
Capital subsidy support helps lower monthly payments.
Beneficiaries can afford vehicles without paying all the money upfront.

Benefits of the EV Subsidy for Citizens

The Rs. 100 Billion Subsidy on Electric Vehicles brings both economic and environmental advantages:

Lower running costs – Electric vehicles cost less to operate than petrol or diesel vehicles.
Reduced pollution – Helps cut harmful emissions in major cities.
Fuel savings – Pakistan could save billions in foreign fuel costs.
Affordable options – Subsidies make EVs more accessible for students, riders, and small business owners.
Boost to local industry – Encourages EV manufacturers to invest and grow.

How To Apply for the PAVE Subsidy

Here’s the general process:

Visit the official PAVE portal and register with your CNIC.
Choose the vehicle type (bike, rickshaw, loader).
Submit required documents like CNIC, bank details, and income proof.
Wait for verification and subsidy approval.
Receive subsidy or financing option based on the scheme selected.

This step‑by‑step approach helps applicants understand the path from registration to subsidy receipt seamlessly.

Who Is Eligible?

All Pakistani citizens with a valid CNIC.
Applicants aged 18–65 for electric bikes.
Applicants aged 21–65 for rickshaws and loaders.

Special quotas exist to help specific groups, including women, delivery workers, and fleet operators.

Helpline & Contact Information

If you need assistance or more details about the PAVE program:

Official PAVE Portal: pave.gov.pk
State Bank of Pakistan Support Desk
Ministry of Industries & Production Help Center
EDB Contact Team

Many banks and registration offices across Pakistan can also guide you through the subsidy application and verification process.

Conclusion

The Rs. 100 Billion Subsidy on Electric Vehicles marks a transformative effort by the government to make clean transportation affordable for millions. With structured schemes, phased rollout, and official support from top sources like the government’s website and leading news outlets, this plan paves the way for a greener and more cost‑effective transport future.