ISLAMABAD: How to get cheap motorcycles and rickshaws under the Prime Minister Electric Motorcycle Scheme?
In an exclusive conversation with a private news channel, CEO of Engineering Development Board Hammad Mansoor gave details about the subsidy given by the government on electric motorcycles and rickshaws under the EV scheme.
Hammad Mansoor said that 100 billion has been allocated for the next 5 years in the electric motorcycle scheme. The Prime Minister has allocated 9 billion rupees for the current financial year.
He said that under this scheme, a subsidy of 80 thousand rupees per motorcycle will be given on 116 thousand motorcycles this year. While a subsidy of 4 lakh rupees will be given on each rickshaw under the electric rickshaw scheme.
The CEO said that under the scheme, the price of Prime Minister EV bikes is 50 to 60 thousand cheaper than other brands. The target under this scheme is to provide 76 thousand motorcycles by June.
Hammad Mansoor said that only those who are above 18 years of age and have a driver’s license can benefit from this scheme.
The CEO Engineering Development Board further said that the Prime Minister’s electric motorcycle is 100 percent transparent and all stages of this scheme are linked to an automated system.
He said that the electric motorcycle not only protects against environmental pollution but will also save Rs. 8,000 every month on petrol.
