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by | Apr 22, 2026

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Prime Minister Sharif Boosts Electric Vehicle Initiative to Cut Fuel Costs

Apr 22, 2026 | Latest News, Global Affairs









Prime Minister Shehbaz Sharif has called for an acceleration of the nation’s electric vehicle (EV) promotion efforts. In a meeting held today, the Prime Minister emphasized the critical role of EVs in reducing reliance on costly fuel imports, safeguarding the environment, and enhancing energy security, especially considering the current regional landscape.

Sharif stressed the importance of transparency in subsidy programs for electric motorcycles, particularly those aimed at low-income individuals. He urged for swift implementation of these initiatives under the National EV Policy.

Officials briefed the Prime Minister on progress, noting that 72 manufacturing certificates have been issued for electric motorcycles and rickshaws, with an additional four for electric cars. Interest in EV infrastructure is strong, with 123 applications received for establishing EV charging stations across the country.

The ambitious goal is to have 30% of vehicles running on electricity within the next five years. This transition is projected to save the country approximately $4.5 billion in fuel expenses.

To encourage adoption, the government plans to offer electric bikes to government employees up to grade sixteen on easy installment plans.

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