The government has allocated Rs9 billion in subsidies for the purchase of two and three wheeled electric vehicles as part of efforts to accelerate the shift toward cleaner transport.
Under the scheme, buyers of electric motorcycles are eligible for a subsidy of up to Rs80,000 per unit, making electric vehicles more affordable for lower and middle income households.
Pakistan is expected to have 2.2 million electric vehicles on its roads by 2030, according to a briefing presented to the Senate Standing Committee on Industries and Production.
Officials told the committee that the national Electric Vehicle Policy is progressing successfully and that a significant share of road traffic is expected to shift to environmentally friendly battery powered vehicles within the next few years.
According to media reports, the briefing stated that more than 12,800 electric vehicles and 160,000 electric motorcycles have already been manufactured locally.
