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The Punjab government is set to introduce a Rs. 57 billion subsidy package to promote electric vehicles (EVs) across the province. Aimed at reducing fuel imports and improving air quality, the initiative covers electric bikes, rickshaws, cars, buses, and commercial vehicles. According to officials, the proposed incentives range from Rs. 20,000 for electric bikes to Rs. 500,000 for commercial EVs.
“Through this initiative, we aim to make electric mobility accessible for everyone, while reducing the environmental impact of traditional vehicles,” said a senior official from the provincial transport department.
Pakistan has been heavily reliant on imported fuel, contributing to trade deficits and environmental pollution. By promoting EV adoption, Punjab plans to not only cut fuel bills but also encourage clean and sustainable transportation. The subsidy proposal also emphasizes developing necessary infrastructure to support the EV ecosystem.
The Punjab government plans to install 1,200 Level-One charging points in Lahore, along with 400 battery swapping stations and 300 fast-charging facilities. Investors setting up charging stations will benefit from capital subsidies and tax concessions. Even petrol pumps converting into charging hubs may receive exemptions from property taxes.
The plan also includes incentives for battery recycling plants, establishment of battery testing laboratories, and the gradual electrification of government and public transport fleets.
Officials highlight that these measures are not just about short-term incentives but are designed to create a long-term, sustainable EV ecosystem in Punjab.
Experts believe that the EV subsidy plan could significantly reduce Pakistan’s dependence on fossil fuels, saving billions of rupees in import costs annually. At the same time, the switch to electric vehicles is expected to help curb urban air pollution, improve public health, and position Punjab as a leader in green mobility in the region.
