Big Relief: Rs.50,000 Subsidy Announced for Electric Bikes
The federal government has launched a new initiative under the Pakistan Accelerated Vehicle Electrification (PAVE) Programme, making Crown Electric Motorcycles available to the public with financial support and easy installment plans.
Key Benefits for Buyers
Under the PAVE scheme, eligible citizens can now purchase Crown electric bikes with:
-A subsidy of Rs. 50,000
-0% interest (markup-free) installment plans
-No additional processing fee
Who Can Apply
The scheme is open to all Pakistani citizens aged 18 to 65. Certain groups will receive preference during the application process, including:
-Women
-Persons with disabilities
-Overseas Pakistanis
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Applications for the scheme must be submitted through the official government website at www.pave.gov.pk. The procedure requires filling out a form and then entering a computerized balloting system, which has been designed to keep the process transparent.
Crown Electric Mobility, a local company that manufactures electric vehicles, has been chosen as one of the partners for this program. With the financial support of the PAVE initiative, the company’s two-wheeler electric vehicles have now become more affordable and easier for people to buy.
The electric bikes are designed to suit both men and women, offering practical solutions for everyday travel. The models included in this program feature step-through scooters as well as motorcycle-style EVs, all focused on affordability and usefulness for daily commuting needs.