The Prime Minister’s Electric Bike and Rickshaw Scheme 2025 has officially kicked off, and it’s not just another announcement that fades away. This time, the government is actually rolling out 41,000 subsidized electric vehicles across Pakistan — and this includes e-bikes and e-rickshaws/loaders.
What’s the Scheme All About?
The idea behind this scheme is simple: cut down on fuel use, promote electric vehicles, and support everyday Pakistanis — especially delivery riders, small business operators, and women.
Instead of paying full price, you’ll get:
- Subsidies of up to Rs. 50,000 for e-bikes
- And up to Rs. 200,000 for electric rickshaws/loaders
- Zero-interest loans (yes, 0% markup)
- A digital, simple application process
- Reserved quotas for women, commercial users, and fleet operators
It’s all under a cost-sharing model — the government pays off the interest, and you only pay the principal + insurance in monthly installments. No markup, no hidden charges.
Why This Scheme Matters
This isn’t just about giving away bikes and rickshaws — it’s about tackling multiple issues at once.
- High fuel costs? E-bikes cost a fraction to run.
- Pollution? EVs are way cleaner.
- Youth unemployment? Affordable bikes mean more delivery jobs.
- Urban traffic? Lighter, cleaner vehicles help ease congestion.
The scheme fits right into the bigger picture of the National EV Policy (2020–2025), which also includes tax relief on EV parts, reduced registration fees, and support for local EV production.
Quick Facts & Figures
Here’s what’s been announced so far:
- Total goal: 116,000 e-bikes + 3,170 e-rickshaws/loaders over the next fiscal cycle.
- Phase 1: 40,000 e-bikes + 1,000 e-rickshaws/loaders already being distributed.
- Subsidy:
- Up to Rs. 50,000 for bikes
- Up to Rs. 200,000 for rickshaws
- Loan Tenure:
- 2 years for bikes
- 3 years for rickshaws/loaders
- Age Eligibility:
- 18–65 years (bikes)
- 21–65 years (rickshaws)
- Reserved Quotas:
- 25% of bikes for women
- 10% for delivery/courier riders
- 30% of rickshaws for fleet operators
Who Can Apply?
If you meet these criteria, you’re eligible:
- Pakistani citizen with valid CNIC
- Age between 18–65 (for bikes) or 21–65 (for rickshaws/loaders)
- Haven’t already received an EV under a similar government scheme
- Can provide basic documents (proof of address, ID, license for rickshaws, etc.)
What Are the Benefits?
Let’s look at this from a user’s point of view:
Massive Fuel Savings
Electric bikes and rickshaws run on electricity — not petrol. You’ll be saving thousands every month.
Low Maintenance Costs
No oil changes, no engine overheating. EVs are much simpler to maintain.
Better Income for Riders
Delivery and ride-hailing riders get to keep more of their earnings thanks to lower running costs.
Easy Payment Plans
Pay in monthly installments without worrying about interest. In many cases, you won’t even need to make an upfront down payment.
How to Apply (Step-by-Step)
1. Register Online
Go to the official portal and create an account using your CNIC and mobile number.
2. Fill Application
Pick your vehicle type (bike or rickshaw), upload required documents, and submit your application.
3. Wait for Balloting
Once the deadline closes, applications will go through digital balloting. If you’re selected, you’ll be notified.
4. Demand Notice Issued
If you’re chosen, you’ll receive a demand notice with details — how much you’ll pay, how much the government’s covering, etc.
5. Vehicle Delivery
Your bike or rickshaw will be handed over by an authorized vendor. It’ll come inspected and registered.
6. Start Repaying
Begin paying your monthly installments (principal + insurance). No interest, no surprise charges.
EV vs Petrol — Real Comparison
| Feature | Petrol Vehicle | Electric (Subsidized) |
|---|---|---|
| Fuel Cost | High, unpredictable | Low and stable |
| Maintenance | Frequent & costly | Low and simpler |
| Interest / Markup | Yes, often 10–20% | 0% (fully absorbed by govt) |
| Upfront Cost | Full market price | Subsidized + soft loan |
| Environment | High emissions | Near-zero emissions |
| Earnings (for riders) | Lower | Higher (lower expenses) |
FAQs
Q1: Who can apply?
Anyone aged 18–65 (for bikes) or 21–65 (for rickshaws) with valid CNIC, not already part of previous EV schemes.
Q2: How much is the subsidy?
Up to Rs. 50,000 for e-bikes, and up to Rs. 200,000 for e-rickshaws/loaders.
Q3: Do I have to pay interest?
No. It’s 100% interest-free. You only pay the original loan amount and insurance.
Q4: How long is the loan repayment?
2 years for bikes, 3 years for rickshaws.
Q5: Are there any quotas?
Yes! Special quotas are reserved for women, delivery riders, fleet owners, and other groups.
Q6: What risks should I know about?
Charging issues, battery replacement cost, and vendor reliability. Also, not everyone will get selected — balloting will decide.
Final Thoughts
The PM Electric Bike and Rickshaw Scheme 2025 isn’t just about handing out free vehicles — it’s about shifting how we move, earn, and live.
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