Pakistan’s federal government is set to officially launch the Prime Minister’s Electric Bike Scheme 2026, Phase 2 of the PAVE (Pakistan Accelerated Vehicle Electrification) programme, which was approved by the Economic Coordination Committee (ECC) in May 2026. With a Rs. 9 billion package, a streamlined first-come-first-served application process, and direct subsidy transfers, Phase 2 is designed to fix every bottleneck that held back Prime Minister’s Electric Bike Scheme Phase 1 — and put an electric bike or rickshaw in your hands faster than ever before.
What Is the PAVE Scheme?
PAVE — Pakistan Accelerated Vehicle Electrification — is the federal government’s flagship initiative to accelerate the adoption of electric vehicles across the country. Operating under the National Electric Vehicle Policy 2025–30, the programme offers subsidised electric two-wheelers, three-wheelers, rickshaws, and loaders to ordinary citizens, students, women, and small businesses.
Phase 1 set a target of 41,000 vehicles but fell short: only 5,409 units were actually distributed, with banking bottlenecks. Phase 2 has been redesigned from the ground up to deliver results.
Key Features of Prime Minister’s Electric Bike Scheme 2026 Phase 2 at a Glance
Direct Subsidy Transfer
Subsidy is deducted upfront from the purchase price — no waiting after delivery.
First-Come, First-Served
No more ballot lottery. Apply early and get approved in order of application.
0% Interest Financing
Easy 2–3 year instalment plans through 17 partnered banks and NBFCs.
3 Vehicle Categories
Electric bikes, rickshaws, and three-wheeler loaders are all included.
Nationwide Coverage
Open to all Pakistanis, including residents of AJK and Gilgit-Baltistan.
Phase 1 vs Phase 2 — What Changed?
| Feature | Phase 1 | Phase 2 |
|---|---|---|
| Application Method | Computerised Balloting | First-Come, First-Served New |
| Vehicle Target | 41,000 vehicles | 119,170 vehicles Expanded |
| Subsidy Mechanism | Post-purchase reimbursement | Upfront price deduction Fixed |
| Budget | Limited pilot budget | Rs. 9 billion Expanded |
| Bank Processing Rate | ~22% of applications | Streamlined — all 17 banks active Fixed |
Subsidy Amounts — How Much Will You Save?
The government subsidy varies by vehicle type. In Phase 2, the subsidy amount is deducted directly from the vehicle price at the time of purchase, so you simply pay the net amount — the Engineering Development Board (EDB) then transfers the subsidy to the manufacturer (OEM) via the State Bank of Pakistan upon delivery verification.
🏍️ Rs. 50,000Electric Scooter/ Bike
🛺 Rs. 200,000Electric Rickshaw
🚛 Rs. 400,000Electric Loader
On top of the upfront subsidy, buyers can access 0% interest installment plans spread over 2–3 years through participating banks, making even higher-end electric bikes genuinely affordable.
Phase 2 Vehicle Targets
The overall programme targets 119,170 vehicles under the full PAVE scheme. Under the revised Phase 2 (after the pilot allocation of 41,000 units), the remaining targets are:
- 76,000 Electric Bikes — the largest allocation
- 2,170 Electric Rickshaws & Loaders
Quantities are fixed. Once allocated units run out, applications for that vehicle category will close. This is why applying early is strongly recommended.
Who Can Apply? Eligibility Criteria
- ✔ Pakistani citizens aged 18–65 with a valid CNIC
- ✔ Students and youth seeking affordable commuting
- ✔ Women — the scheme is specifically designed to improve women’s mobility
- ✔ SECP-registered NBFCs and fleet operators
- ✔ Residents of AJK and Gilgit-Baltistan
Important: If you received an electric vehicle through any government scheme at any level — federal or provincial — you are not eligible to apply for PAVE Phase 2. One subsidy per person.
How to Apply — Step by Step
- 1 Register on the Official PAVE PortalVisit pave.gov.pk and create your account. Enter your details exactly as they appear on your CNIC, including Province, District, Tehsil, and nearest city.
- 2 Browse and Select an Approved VehicleGo to the PAVE Vehicles Directory (pave.gov.pk/vehicles) and choose a subsidised model from the approved OEM list.
- 3 Submit Pay Order / Down PaymentSubmit the required down payment or pay order made out to the Original Equipment Manufacturer (OEM) of your chosen vehicle.
- 4 Approval & Subsidy ProcessingOnce your application is verified, the State Bank of Pakistan processes the subsidy directly to the OEM. You pay only the net (post-subsidy) price.
- 5 Delivery & RegistrationCollect your electric vehicle and complete registration. The subsidy transfer to the OEM is triggered upon confirmation of delivery.
Why the Prime Minister’s Electric Bike Scheme 2026 Phase 2 Matters for Pakistan
Pakistan imports billions of dollars’ worth of petroleum every year. Every petrol bike replaced by an electric one directly reduces that import bill, cuts urban air pollution, and puts more money back in Pakistanis’ pockets. For daily commuters, the cost of running an electric bike is a fraction of a petrol bike.
The PAVE programme is part of Pakistan’s broader National Electric Vehicle Policy 2025–30, which aims to electrify 30% of new vehicle sales by 2030. The Prime Minister’s Electric Bike Scheme 2026 Phase 2 is a major step toward that goal — and for individuals, it represents a rare chance to buy a quality electric bike at a heavily subsidised price with interest-free financing.
MetroEV & the PAVE Scheme
MetroEV’s range of electric bikes and scooters is designed precisely for Pakistani roads and budgets — and the PAVE subsidy makes them even more accessible. Whether you’re looking at the Metro T9 Sport for daily city commuting or the feature-rich Metro Metrix for longer rides, the Rs. 50,000 subsidy and 0% installment plans bring these vehicles well within reach.
Visit any MetroEV dealer near you to explore PAVE-approved models, or check your eligibility through our team by contacting us.
No Official Closing Date Yet. Since applications are processed on a strict first-come, first-served basis and quantities are fixed, apply as early as possible. Check pave.gov.pk for the latest updates or call the helpline at 1048.