Despite facing economic challenges and political instability, the electric motorbike sector in Pakistan has seen impressive growth in 2024. Sales are projected to rise significantly in 2025 if the upcoming New Energy Vehicle (NEV) policy addresses key issues. The policy must support all stakeholders, including investors, assemblers, parts vendors, and customers, while simplifying the registration process and ensuring EV quality.
Local production of parts, however, remains delayed due to the focus on finalizing durable models. China’s rapid advancement in electric bike technology has spurred interest, and experts believe it will take two to three years for Pakistan to finalize locally produced models. Yasir Husain, Director of the Climate Action Centre, emphasized that electric motorbikes could replace gasoline-powered ones to reduce pollution and health risks, urging government incentives for manufacturers and consumers.
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The Engineering Development Board (EDB) is urged to simplify the approval process for new EV models, moving away from its current six-month procedure. Meanwhile, manufacturers like Yadea Pakistan’s MD, Muhammad Salman Tanveer, suggest the inclusion of Graphene batteries in the NEV policy, given their advantages in cost, energy density, and recyclability. Graphene batteries are already gaining traction in neighboring countries and could accelerate electric bike adoption in Pakistan if supported by the government.
While growth in the EV market is evident, challenges such as the unclear resale value of EVs and cumbersome registration processes remain. Experts agree that the government must tackle these issues with a robust policy to ensure sustainable growth in the sector, reduce air pollution, and lower the cost of transportation.