Prime Minister Shehbaz Sharif has directed the immediate finalisation of the National Electric Vehicles (NEV) Policy 2025, emphasizing the need for input from all stakeholders before it is presented to the federal cabinet.
The proposed policy includes targeted subsidies—Rs50,000 for electric motorcycles and Rs200,000 for electric rickshaws—with a total allocation of Rs4 billion. It also aims to boost the electric vehicle ecosystem by supporting the development of infrastructure such as charging stations and battery swapping facilities.
Chairing a high-level meeting on Saturday, the Prime Minister called for urgent, priority-based action to encourage the adoption of electric two-wheelers, three-wheelers, cars, and buses across Pakistan. He also highlighted the importance of supporting local manufacturing of electric vehicles.
“Industries must be empowered to scale up production of locally manufactured electric motorcycles and rickshaws,” he said.
The meeting was attended by key ministers, including Rana Tanveer Hussain, Ahmad Khan Cheema, and Muhammad Aurangzeb, along with Special Assistant Haroon Akhtar and senior officials.
In a related development, 57 manufacturers have recently been granted licenses to produce electric vehicles, benefiting from tax incentives, fiscal reliefs, and discounted electricity tariffs under the government’s ‘Clean Green Pakistan’ and ‘Make in Pakistan’ initiatives.
Separately, the Sindh government announced plans to expand its EV initiatives in the fiscal year 2025–26. In a meeting led by Transport Minister Sharjeel Inam Memon, the province committed to acquiring more electric buses and funding electric taxis and scooters under the People’s Bus Service and related mass transit projects.
