ECC approves major changes to Pakistan vehicle electrification programme
Updated
Updated · The Express Tribune · May 6
ECC approves major changes to Pakistan vehicle electrification programme
4 articles · Updated · The Express Tribune · May 6
In Islamabad, banks approved just 4,075 of 44,689 e-bike applications, while only 5,409 bikes and rickshaws were distributed against a fiscal-year target above 116,000.
The revised PAVE scheme shifts emphasis to self-financing, adds subsidised supplier delivery, opens a plan for federal employees in BS-16 and below, and allows fleet operators in phase two.
The government also proposed a fast-track rollout of 100,000 extra electric bikes in three months using existing CKD kits, funded from a Rs9 billion programme backed by a fuel levy due to double in July.
As Pakistan doubles a fuel tax for e-bike subsidies, can this plan survive despite IMF pressure to slash government spending?
Is Pakistan's e-bike subsidy a green solution or a risky gamble that shifts the burden from oil imports to its fragile power grid?