PM EV Scheme 2026
The Government of Pakistan has introduced a major relief initiative to promote clean transportation and reduce fuel expenses for citizens. Under the PM EV Scheme 2026, electric motorcycles and electric rickshaws will be provided on heavy subsidy across the country.
If you are planning to buy an EV bike or rickshaw, this guide explains everything in simple and clear language including subsidy details, eligibility criteria, benefits, and what to expect in the coming months.
What Is the Prime Minister EV Bike Scheme?
The Prime Minister’s Electric Motorcycle Scheme is a government-backed program designed to:
- Promote eco-friendly transportation
- Reduce petrol consumption
- Support low- and middle-income citizens
- Encourage local EV manufacturing
According to the CEO of the Engineering Development Board, Hammad Mansoor, the government has allocated a massive Rs 100 billion budget for five years under this initiative.
For the current fiscal year alone, Rs 9 billion has been allocated to kick-start the program.
How Much Subsidy Will You Get?
Here is a clear breakdown of the financial support being offered:
🚲 Electric Motorcycles
- Total bikes this year: 116,000
- Subsidy per bike: Rs 80,000
- Target by June: 76,000 bikes to be distributed
- Price difference: EV bikes will be Rs 50,000–60,000 cheaper than other brands
🛺 Electric Rickshaws
- Subsidy per rickshaw: Up to Rs 400,000
This means buyers will pay significantly less compared to market prices.
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Who Can Apply? (Eligibility Criteria)
To benefit from the scheme, applicants must meet the following conditions:
- Minimum Age: 18 years
- Valid Driving License: Mandatory
- Pakistani Citizen: Must hold valid identification documents
The government has confirmed that the entire process will be completed through a fully automated and transparent system, reducing human interference and ensuring fairness.
Why PM EV Scheme 2026 Matters for You
1. Save Money Every Month
One of the biggest advantages of switching to an electric motorcycle is fuel savings. According to officials, users can save approximately:
- Rs 8,000 per month on petrol expenses
With rising fuel prices, this is a major financial relief.
2. Environment-Friendly Transportation
Electric vehicles:
- Produce zero emissions
- Reduce air pollution
- Lower carbon footprint
- Help improve urban air quality
This initiative is not just about affordability it’s also about building a cleaner future.
3. Support for Youth & Daily Earners
- Students can afford personal transport
- Job seekers can reduce commuting costs
- Delivery riders can increase savings
- Rickshaw drivers can boost income with lower operating costs
For many families, this could mean real economic improvement.
How to Apply for the PM EV Bike Scheme?
Although the full application portal details are expected to be announced officially, here’s what you should prepare in advance:
- CNIC
- Valid driving license
- Contact details
- Proof of eligibility (if required)
Since the system will be automated, applications are expected to be processed digitally to ensure transparency.
Keep checking official government announcements for the launch of the application portal.
PM EV Scheme 2026 Key Highlights at a Glance
| Feature | Electric Bike | Electric Rickshaw |
|---|---|---|
| Subsidy | Rs 80,000 | Up to Rs 400,000 |
| Current Year Allocation | Part of Rs 9 Billion | Included |
| Total 5-Year Budget | Rs 100 Billion | Rs 100 Billion |
| Minimum Age | 18 Years | 18 Years |
| Driving License | Required | Required |
| Monthly Fuel Savings | ~Rs 8,000 | Even Higher |
When Will You Receive the Vehicle?
The government has set a target to distribute 76,000 electric bikes by June, which shows that the rollout will begin soon. Distribution will likely be done in phases based on application approval and availability.
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Final Thoughts
The Prime Minister’s EV Scheme is one of the largest electric mobility initiatives introduced in Pakistan. With a Rs 100 billion allocation over five years, heavy subsidies, and a transparent automated system, this program aims to make electric vehicles affordable for ordinary citizens.
If you meet the eligibility criteria, this could be the right time to switch from petrol to electric save money every month and contribute to a cleaner environment at the same time.
As soon as official registration details are released, interested applicants should apply early to secure their chance under the limited quota.