• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 5, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Electric Vehicles to Get Cheaper in Pakistan with New Rs. 9 Billion Subsidy Plan

June 20, 2025
in Auto, Price in Pakistan
Electric Vehicles to Get Cheaper in Pakistan with New Rs. 9 Billion Subsidy Plan
Share on FacebookShare on TwitterWhatsapp

The Sharif-led government has launched the National Electric Vehicle (NEV) Policy, introducing a Rs. 9 billion subsidy to promote eco-friendly transportation across Pakistan. This initiative will support the purchase of 116,000 electric bikes and 3,100 electric rickshaws.

To make the process smooth and transparent, a fully digital platform will be used. Applicants will be able to register and track their applications online, ensuring fair distribution and easy access for everyone.

The overall NEV policy includes more than Rs100 billion in total subsidies. Importantly, 25 percent of these subsidies are reserved for women, encouraging greater female participation in green mobility and making the program more inclusive.

In addition, the government plans to introduce a NEV Adoption Levy on petrol and diesel vehicles. The goal is to gradually reduce the public’s reliance on fuel-based transport and shift preferences toward electric vehicles, which are cleaner and more cost-effective in the long run.

This move comes as part of Pakistan’s efforts to reduce air pollution, lower fuel imports, and embrace sustainable development. The scheme is expected to benefit a wide range of people, including students, delivery riders, and daily commuters, especially in major cities.

By encouraging electric vehicle use and offering direct support, the government aims to make clean mobility more accessible and affordable. The NEV Policy marks a significant step forward in building a greener, smarter transportation system for Pakistan’s future.

Tags: BillioncheaperElectricPakistanplansubsidyVehicles
Share15Tweet10Send
Previous Post

US envoy says Hezbollah involvement in Iran-Israel war would be ‘very bad decision’

Next Post

China Unveils World’s First 6G Electronic System Capable of Jamming F-35 Radar

Related Posts

Changan Reportedly Launching Another EV in Pakistan
Auto

Changan Reportedly Launching Another EV in Pakistan

November 27, 2025
Gold Prices Drops by Rs 9,100 Per Tola in Pakistan
Price in Pakistan

Gold Prices Drops by Rs 9,100 Per Tola in Pakistan

November 16, 2025
Sugar Prices Hit Record High of Rs. 229 Per Kg
Price in Pakistan

Sugar Prices Hit Record High of Rs. 229 Per Kg

November 15, 2025
Gold Prices Increase Massively Again in Pakistan
Price in Pakistan

Gold Prices Increase Massively Again in Pakistan

November 6, 2025
MG HS Trophy Now Offered With Zero Interest and 18-Month Easy Installments
Auto

MG HS Trophy Now Offered With Zero Interest and 18-Month Easy Installments

October 31, 2025
Gold Rates Hit All-Time High in Pakistan, Reaching Rs. 440,900 Per Tola
Price in Pakistan

Gold Rates Hit All-Time High in Pakistan, Reaching Rs. 440,900 Per Tola

October 15, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    54 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    47 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.