Government Plans to Provide 1 Lakh Electric Bikes with Subsidy

The government plans to provide 1 lakh electric bikes with an Rs 80,000 subsidy to promote their use.

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الیکٹرک بائیکس کی فراہمی کا منصوبہ، 80 ہزار روپے سبسڈی کی تجویز

Islamabad: (RightNow) The government plans to provide 1 lakh electric bikes within 90 days to promote their use in the country. A proposal to offer an Rs 80,000 subsidy to citizens purchasing electric bikes is under consideration.

The Engineering Development Board has invited applications from companies for the production and supply of electric bikes. The supply will be organized in 200 batches, each containing 500 bikes.

Companies will be selected through a competitive bidding process, with a focus on promoting local industry. The deadline for submitting applications is set for November 3, 2026, by 11 AM.

A non-refundable fee of Rs 5,000 must be submitted with the application. According to the EDB, companies already deemed eligible do not need to reapply.

It is noteworthy that the government’s aim is to increase the use of electric bikes and promote local industry. This initiative is considered crucial for environmental protection and energy conservation.

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