Government of Pakistan unveils INR 100 billion NEV subsidy scheme

On August 26, the Government of Pakistan unveiled direct subsidies and cost-sharing for New Energy Vehicle (NEV) buyers under the NEV Policy 2025–30. The focus is on two- and three-wheelers, which form the largest vehicle segment in the country. The initial subsidy is set at PKR 65,000 per two-wheeler and PKR 400,000....

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