Islamabad, Aug 6, 2025: In a major move to boost eco-friendly transport, the Government of Pakistan has approved a groundbreaking Electric Bike and Rickshaw Subsidy Scheme under the 2025-26 budget. With a funding allocation of Rs. 9 billion, this initiative is expected to support the purchase of over 116,000 electric bikes and 3,170 electric rickshaws/loaders across the country.
Rollout Plan in Two Phases
To ensure smooth execution and better monitoring, the scheme will be launched in two phases:
- Phase 1: 40,000 electric bikes and 1,000 electric rickshaws/loaders
- Phase 2: Remaining 76,000 electric bikes and 2,170 electric rickshaws/loaders
This phased rollout will help policymakers evaluate the response and make improvements for maximum impact.
Key Features of the Subsidy Scheme
- Loan Coverage: Up to Rs. 200,000 for e-bikes and Rs. 880,000 for e-rickshaws
- Zero Interest for Borrowers: Govt will bear full markup cost; borrowers pay zero percent markup
- Flexible Tenure: Two-year term for electric bikes, three-year term for e-rickshaws
- Equity Contribution: Govt to contribute Rs. 50,000 for e-bikes and Rs. 200,000 for e-rickshaws
- Portfolio Guarantee: 20% guarantee on first-loss basis by the Government
- Financing Models: Includes both conventional and Islamic financing options
Who Can Apply?
All Pakistani citizens from Punjab, Sindh, KP, Balochistan, AJK, and Gilgit-Baltistan can apply. Age criteria are:
- Electric bikes: 18 to 65 years
- Electric rickshaws/loaders: 21 to 65 years
The scheme promotes inclusive access, reserving:
- 25% quota for women (e-bikes)
- 10% for delivery riders/courier services
- 10% of the total share for Balochistan
Priority for e-rickshaws will be given to individuals, while fleet operators may also participate under specific terms.
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Transparent, Digitalized Process
Applications will be accepted via a fully digital platform, with electronic balloting used in case of oversubscription. All stages—from applying to tracking—will be handled online for maximum transparency.
Manufacturers and products will be shortlisted by the Engineering Development Board (EDB) based on technical capacity and after-sales service. Only pre-approved electric bikes and rickshaws meeting strict quality and safety standards will be offered.
To ensure credibility, the program will undergo third-party audits, and all vehicles will carry official government branding.
The Electric Bike and Rickshaw Subsidy Scheme in Pakistan is a bold step toward a green future. With strong financial support, a transparent process, and a citizen-first approach, this initiative is set to change the landscape of urban mobility across the country.
FAQs
Q1: Who is eligible to apply for the subsidy?
All Pakistani citizens aged 18–65 (for bikes) or 21–65 (for rickshaws) are eligible.
Q2: Is the loan interest-free?
Yes, the government covers the full markup, making the loan interest-free for applicants.
Q3: Can I choose my electric vehicle?
Yes, you can select from a list of pre-approved electric bikes and rickshaws.
Q4: How can I apply?
Applications will be invited through advertisements and accepted via an online platform.
Q5: Can fleet operators apply?
Yes, but individuals will be prioritized. Fleet allocation will be decided by the Steering Committee.
