First e-balloting for e-bikes kicks off, scheme offers subsidies up to Rs400,000

ISLAMABAD:

The Ministry of Industries and Production, through the Engineering Development Board (EDB), on Wednesday conducted the first-ever Pakistan Accelerated Vehicle Electrification (PAVE) Scheme e-balloting to allocate subsidised electric two- and three-wheelers across Pakistan, Gilgit-Baltistan, and Azad Jammu & Kashmir.

According to an official statement, the secure digital balloting was held via the PAVE Online Portal under the supervision of the Balloting Oversight Committee.

A total of 269,161 applications were received, out of which 40,000 qualified in the e-balloting. In the digital draw, 40,000 electric two-wheelers and 1,000 electric three-wheelers were allocated among successful applicants. The statement adds that applicants will be notified through the online portal using their CNIC or Application ID. Subsidy disbursement, payment facilitation, and vehicle handover will follow approved procedures, with original equipment manufacturers (OEMs) responsible for delivery, after-sales service, and warranty compliance.

Federal Secretary for Industries and Production, Saif Anjum, inaugurated the e-balloting, calling it a landmark achievement in Pakistan's transition towards clean and sustainable mobility. He noted that by 2030, 30% of all new vehicles sold in Pakistan are expected to be electric, in line with the government's National Electric Vehicle Policy (NEVP).

Under the PAVE Scheme, a subsidy of Rs50,000 will be provided on two-wheelers through bank leasing and Rs80,000 for self-financed purchases. For three-wheelers, subsidies of Rs200,000 (bank leasing) and Rs400,000 (self-finance) will be offered.