Business Desk 
Feb 03, 2026
Punjab government has decided to launch a PKR 57 billion subsidy package to promote electric vehicles (EVs) across the province, with an aim to reduce fuel-powered vehicles and improving the air quality.
According to officials, the proposed incentives range from Rs20,000 for electric bikes to Rs. 500,000 for commercial EVs. “Through this initiative, we aim to make electric mobility accessible for everyone, while reducing the environmental impact of traditional vehicles,” said a senior official from the provincial transport department.
It is important to remember that Pakistan has been dependent on imported fuel, contributing to trade deficits and environmental pollution.
With the promotion of EV adoption, the provincial government plans to not only reduce fuel bills, but also promote clean and better transportation across Punjab.
The subsidy proposal also emphasizes developing necessary infrastructure to support the EV ecosystem. The Punjab government is set to install 1,200 Level-One charging points in Lahore, along with 400 battery swapping stations and 300 fast-charging facilities. Investors setting up charging stations will benefit from capital subsidies and tax concessions.
According to experts, the EV subsidy plan could significantly reduce Pakistan’s dependence on fossil fuels, saving billions of rupees in import costs annually.
