Deadline to Apply for PAVE Scheme
Deadline to Apply for PAVE Scheme: The Government of Pakistan, under the leadership of Prime Minister Shehbaz Sharif, has launched a landmark initiative to accelerate the country’s transition to a green economy. The Prime Minister’s EV Policy, a core component of the National Electric Vehicle (NEV) Policy 2025-2030, is now in full swing, offering substantial subsidies and favorable financing to make electric bikes and rickshaws accessible to the public.
This groundbreaking program is a multi-pronged strategy designed to address some of Pakistan’s most pressing challenges: environmental degradation, economic strain from oil imports, and the need for affordable, sustainable transportation for all.
Advantages of Electric Rickshaws
The shift to electric vehicles is not just a global trend; it is an economic and environmental imperative for Pakistan. The adoption of electric bikes and rickshaws will greatly benefit citizens and the nation.
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Significant savings:
The most direct benefit for consumers is a drastic reduction in daily commuting costs. With the price of petrol rising, an electric bike or rickshaw, which can be charged using low-cost electricity, provides a path to financial relief for families and commercial drivers.
A cleaner environment:
Electric vehicles produce zero tailpipe emissions, which directly contribute to cleaning up urban air. This will help address the severe smog and air pollution problems that plague many cities in Pakistan, leading to improved public health outcomes.
Reduced national import bill:
Pakistan’s reliance on imported fossil fuels is a major drain on its foreign exchange reserves. By promoting local manufacturing and the use of electric vehicles, the country can significantly reduce its oil import bill, strengthening its economy.
Job creation and industrial development:
The policy is a catalyst for the local EV manufacturing industry. With over 90% of two- and three-wheeler parts already being manufactured in Pakistan, this scheme will boost local production, create thousands of new jobs, and attract more investment in the green technology sector.
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Eligibility Criteria: Who can apply for subsidized EVs?
The Prime Minister’s EV policy is carefully crafted to ensure that those who need it the most are the ones who need it the most. The scheme is targeted at specific segments of the population to ensure maximum social and economic impact.
For Electric Bikes:
This helps them to move themselves better and have a safe, independent mode of transport. A special quota for high-performing students is also a part of the scheme.
Women:
This is a major step towards providing them with safe and affordable transport.
People with Disabilities:
Daily wage earners, delivery people, and other vulnerable people are recommended to apply. For them, electric bikes are not just a vehicle but a way of life in society.
Balochistan Considerations: To ensure equitable distribution and support development in the underdeveloped region, a 10% quota was allocated for applicants from Balochistan.
General Eligibility Requirements for All Applicants:
Citizenship:
The scheme also requires that you have your valid identity card because your identity is based on your identity card. If your identity is based on Pakistani citizenship, then you can apply for it. So to apply, you must have your original identity card and proof that you are a Pakistani citizen.
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Age:
As you know, for any program or scheme, there is an age limit for it. There is an age limit for the eligible persons for this scheme, which means that the age limit of the applicants should generally be between 18 years and 65 years. To apply and register, you must be between 18 and 65 years of age.
Driving Credentials:
You must also have your driving license when applying because there are many rules based on which you are being given a rickshaw or electronic motorcycle, so to apply, you must also have a driving license made based on your original identity card.
For Electric Rickshaws:
The Electric Rickshaw Scheme, although part of the same broader policy, has a different focus. It is designed to empower unemployed and low-income individuals who rely on commercial transport for their livelihood.
Unemployed and daily wage earners:
The scheme offers electric rickshaws on favourable terms to help these individuals establish a stable source of income and escape poverty.
Existing rickshaw drivers:
Existing rickshaw drivers can apply to upgrade their vehicles, which can save them on fuel and maintenance costs and significantly increase their daily profits.
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Application Process: A General Step-by-Step Guide
The government has launched a fully digital, transparent platform to handle all applications, from registration to verification and final balloting. This eliminates the need for any third-party agents and ensures a fair process.
Online Registration
To join this scheme, you have to use the web. You can register yourself under the scheme by visiting the online website. More details are given below.
You must have the following items with you when applying for online registration:
Identity card, driving license, Punjab domicile, recent bank statement
What is the number of electric bikes and rickshaws available for those enrolled in this scheme?
Under this scheme, 40,000 electric motorcycles and 1,000 electric rickshaws will be provided on a subsidized basis for the convenience of the public in the first phase of fiscal years 2025 and 2026 alone.
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How Much Subsidy is there on Electric Motorcycles and Rickshaws?
- Subsidies of up to Rs. 80,000 on electric motorcycles
- Subsidy of up to Rs. 400,000 on three-wheeler loaders, electric rickshaws, and loaders
- Loans of up to Rs. 200,000 for electric motorcycles are available in easy installments over two years.
- Loans of up to Rs. 880,000 are available for electric rickshaws in easy installments over three years.
Last date for the application
For the convenience of the public, online registration applications can be submitted from September 1 to September 30, 2025. Successful applicants will be selected through a computer-generated lottery on October 1.