Traditional three-wheelers consume high amounts of fuel and require constant maintenance, which can cut deep into your profits. Electric rickshaws and loaders provide a sustainable, cost-effective alternative. This scheme addresses both affordability and accessibility, making it easier than ever to switch to clean energy transport.
Key highlights include:
- PKR 200,000 upfront subsidy on each EV rickshaw or loader
- Loan financing up to PKR 1,100,000 to cover the remaining cost
- Nationwide distribution via fair e-balloting
- Eligibility for citizens aged 21 to 65
- Perfect for small business owners, delivery services, and transport entrepreneurs
How to Take Advantage of the EV Rickshaw Subsidy
1. Verify Your Eligibility
To participate, you must:
- Be a Pakistani citizen, including residents of AJK and GB
- Be between 21 and 65 years old
- Have a valid CNIC
- Be capable of repaying loan installments
This inclusive approach ensures that small business owners, drivers, and aspiring entrepreneurs all have an equal chance to participate.
2. Apply Through the E-Balloting System
The application process is fully digital and designed for fairness. Once you submit your application, a computerized draw will determine who qualifies for the 3,170 EV rickshaws and loaders. This eliminates bias and ensures a transparent selection process.
3. Receive Your Upfront Subsidy
Selected applicants immediately qualify for the PKR 200,000 subsidy, significantly lowering the initial investment required for your EV rickshaw. This makes adopting electric vehicles financially feasible, even for small-scale operators.
Also Read About: Why the Two-Wheeler EV Bikes Scheme Matters
4. Utilize Loan Financing for the Balance
The remaining cost, up to PKR 1,100,000, can be financed through easy installment plans. The loans are designed to be manageable and interest-free in many cases, allowing entrepreneurs to focus on growing their business rather than worrying about high repayment costs.
Benefits of Switching to Electric Rickshaws
Lower Operating Costs
Electric rickshaws cost significantly less to charge than fuel-based alternatives. Many business owners report saving thousands of rupees monthly on fuel alone.
Minimal Maintenance
EV rickshaws have fewer moving parts than conventional three-wheelers, reducing frequent repairs and service costs.
Environmentally Friendly
By producing zero emissions, electric vehicles help combat air pollution—a growing concern in urban centers across Pakistan.
Boost Your Business Reputation
Operating an eco-friendly vehicle demonstrates innovation and responsibility, which can attract more customers and clients to your business.
Real Examples: Entrepreneurs Reaping the Benefits
Take Ali, a small goods transporter in Lahore, who upgraded to an EV loader. He cut his monthly fuel expenses in half and spends less on maintenance, allowing him to hire an extra helper and expand deliveries. Similarly, Sara, a delivery entrepreneur in Karachi, used the scheme to acquire a subsidized EV rickshaw, enabling her to start a low-cost courier service that appeals to environmentally conscious customers.
Conclusion: Transform Your Business Today
The Three-Wheeler EV Rickshaw Scheme is a rare chance for Pakistani entrepreneurs to modernize operations, save money, and contribute to a cleaner, greener future. With a significant subsidy, flexible financing, and nationwide availability, now is the perfect time to embrace electric mobility.
By taking advantage of this program, you can reduce operational costs, grow your business, and stay ahead in an increasingly eco-conscious market. Don’t wait—apply today and drive your business toward a sustainable and profitable future.