According to details, the Economic Coordination Committee (ECC) of the Cabinet approved the summary presented by the Ministry of Industries and Production on Tuesday for the implementation of a subsidy scheme aimed at promoting electric bikes and rickshaws. The ECC meeting was chaired by Federal Finance Minister Senator Muhammad Aurangzeb, where this approval was granted.

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It is noteworthy that a budget of 9 billion rupees has already been allocated for the financial year 2025–26 to fund this project. The scheme also includes the provision of free electric bikes to high-performing students of public colleges.

It should be noted that under the approved plan, a total of 116,000 electric bikes and 3,170 electric rickshaws/loaders will be introduced in two phases. In the initial phase, which is expected to be inaugurated soon by the Prime Minister, 40,000 electric bikes and 1,000 electric rickshaws/loaders will be provided.

The initiative aims to cut fuel dependency, combat climate change, and provide budget-friendly commuting options for the masses — particularly students, low-income workers, and delivery riders.