PM Electric Bike Scheme 2026 Everything You Need to Know About Eligibility and Benefits

PM Electric Bike Scheme 2026 Everything You Need to Know About Eligibility and Benefits

The government has rolled out the Prime Minister’s Electric Bike and Rickshaw Scheme 2026 under the PAVE program, aiming to promote affordable andeco-friendly transportation across Pakistan.

Speaking to ARY News, Hamad Ali Mansoor, CEO of the Engineering Development Board( EDB), revealed the scheme’s details, including subventions, targets, and who can apply. According to him, a aggregate of Rs100 billion has been set away for electric bikes and cabs over the coming five times. For the current financial time, Prime Minister Shehbaz Sharif has allocated Rs9 billion.

Under the program, 116,000 electric motorcycles will admit a subvention of Rs 80,000 each this time. For electric cabs, a subvention of Rs 400,000 per vehicle has been blazoned. Mansoor added that the action makes electric bikes Rs 50,000 to Rs 60,000 cheaper than other brands presently available in the request. The government aims to distribute 76,000 motorcycles by June.

Eligibility Criteria:

To apply, individualities must meet the ensuing conditions.
Be a Pakistani citizen with a valid CNIC.
Age 18 – 65 times for electric bikes, holding a valid driving license or learner’s permit.
Mansoor stressed that the scheme is completely transparent, with all operations reused through an automated system, icing fairness.

Benefits of the Scheme:

Besides being environmentally friendly, the electric motorcycles are anticipated to save druggies around Rs 8,000 per month in energy costs. This makes them an provident and sustainable choice for diurnal commuting.

  • Needed Documents aspirants need to give Copy of CNIC
  • Driving license or learner’s permit
  • Student ID or admission evidence( for scholars)
  • Passport- size photos
  • Bank account details

The scheme is part of the government’s broader trouble to encourage green transportation and reduce reliance on traditional energy- powered vehicles. Eligible citizens are encouraged to apply beforehand to profit from the subventions.