Pakistan, Aug. 5 -- The Economic Coordination Committee (ECC) approved a major subsidy plan to promote electric bikes and rickshaws in Pakistan. The Finance Division said Rs9 billion is allocated for the scheme in fiscal year 2025-26. This initiative aims to encourage citizens to switch to cleaner, greener vehicles. It also targets reducing pollution and supporting sustainable transport in the country.

According to the plan, the government will introduce 116,000 electric bikes and 3,170 electric rickshaws in two phases. The first phase, launching soon, will provide 40,000 bikes and 1,000 rickshaws. Additionally, top-performing students from government colleges will receive free electric bikes. This effort rewards academic excellence whil...