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    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

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    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

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    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

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    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

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    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

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    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

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    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

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    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

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    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    PM Shehbaz Introduces National Housing Finance Scheme to Boost Home Ownership

    Pakistan, China Sign $440m Pharma Deals as PM Reaffirms Security for Chinese Investors

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    World Bank Approves $375.9 Million to Upgrade Pakistan’s Electricity Grid

    World Bank Approves $375.9 Million to Upgrade Pakistan’s Electricity Grid

    Gold Falls by Rs3,000 per Tola in Pakistan Following Global Decline

    Gold Falls Rs2,400 Per Tola in Pakistan as Global Prices Weaken

    Pakistan Launches InvestPak Portal to Broaden Investor Base, Reduce Reliance on Banks

    Pakistan Launches InvestPak Portal to Broaden Investor Base, Reduce Reliance on Banks

    FPCCI Calls for Return of Cotton Exchange Building to KCA, Warns of Impact on Cotton Sector

    FPCCI Calls for Return of Cotton Exchange Building to KCA, Warns of Impact on Cotton Sector

    Govt Reduces Petrol, Diesel Prices by Rs1.97 Per Litre

    Govt Reduces Petrol, Diesel Prices by Rs1.97 Per Litre

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    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

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    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

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    Gold Price Falls by Rs1,100 Per Tola in Pakistan

    Gold Price Falls by Rs1,100 Per Tola in Pakistan

    Pakistan Retains Representation on ICCD Executive Bodies

    Pakistan Retains Representation on ICCD Executive Bodies

    Embassy of Romania Inaugurates “Romanian Shelf” at the National Library of Pakistan

    Embassy of Romania Inaugurates “Romanian Shelf” at the National Library of Pakistan

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    Poland Envoy Praises Pakistan’s Role in Regional Peace and Diplomacy at National Press Club Islamabad

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    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

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    Pakistan-China B2B Summit Seals Over 50 MoUs, Battery Storage Sector Leads with $82 Million Deal

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    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

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    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

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    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

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    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    Govt Allows NBFCs to Join PM’s Apna Ghar Programme

    Govt Allows NBFCs to Join PM’s Apna Ghar Programme

    Economic Survey 2025-26 to Highlight Fiscal Performance Ahead of FY27 Budget

    Economic Survey 2025-26 to Highlight Fiscal Performance Ahead of FY27 Budget

    Pakistan Reopens Offshore Oil, Gas Exploration After Nearly 20 Years

    Pakistan Reopens Offshore Oil, Gas Exploration After Nearly 20 Years

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

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  • Latest
    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    PM Shehbaz Introduces National Housing Finance Scheme to Boost Home Ownership

    Pakistan, China Sign $440m Pharma Deals as PM Reaffirms Security for Chinese Investors

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

  • Business & Finance
    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    PM Shehbaz Introduces National Housing Finance Scheme to Boost Home Ownership

    Pakistan, China Sign $440m Pharma Deals as PM Reaffirms Security for Chinese Investors

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    World Bank Approves $375.9 Million to Upgrade Pakistan’s Electricity Grid

    World Bank Approves $375.9 Million to Upgrade Pakistan’s Electricity Grid

    Gold Falls by Rs3,000 per Tola in Pakistan Following Global Decline

    Gold Falls Rs2,400 Per Tola in Pakistan as Global Prices Weaken

    Pakistan Launches InvestPak Portal to Broaden Investor Base, Reduce Reliance on Banks

    Pakistan Launches InvestPak Portal to Broaden Investor Base, Reduce Reliance on Banks

    FPCCI Calls for Return of Cotton Exchange Building to KCA, Warns of Impact on Cotton Sector

    FPCCI Calls for Return of Cotton Exchange Building to KCA, Warns of Impact on Cotton Sector

    Govt Reduces Petrol, Diesel Prices by Rs1.97 Per Litre

    Govt Reduces Petrol, Diesel Prices by Rs1.97 Per Litre

  • Fintech
  • Opinion
    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

  • World
    Gold Price Falls by Rs1,100 Per Tola in Pakistan

    Gold Price Falls by Rs1,100 Per Tola in Pakistan

    Pakistan Retains Representation on ICCD Executive Bodies

    Pakistan Retains Representation on ICCD Executive Bodies

    Embassy of Romania Inaugurates “Romanian Shelf” at the National Library of Pakistan

    Embassy of Romania Inaugurates “Romanian Shelf” at the National Library of Pakistan

    PM Shehbaz, Chinese Envoy Discuss CPEC Expansion and Bilateral Cooperation

    PM Shehbaz, Chinese Envoy Discuss CPEC Expansion and Bilateral Cooperation

    Poland Envoy Praises Pakistan’s Role in Regional Peace and Diplomacy at National Press Club Islamabad

    Poland Envoy Praises Pakistan’s Role in Regional Peace and Diplomacy at National Press Club Islamabad

    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

    Pakistan-China B2B Summit Seals Over 50 MoUs, Battery Storage Sector Leads with $82 Million Deal

    Pakistan-China B2B Summit Seals Over 50 MoUs, Battery Storage Sector Leads with $82 Million Deal

    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

    Stocks swing, oil edges up with US-Iran peace talks stalled

    Stocks swing, oil edges up with US-Iran peace talks stalled

  • Pakistan
    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    Govt Allows NBFCs to Join PM’s Apna Ghar Programme

    Govt Allows NBFCs to Join PM’s Apna Ghar Programme

    Economic Survey 2025-26 to Highlight Fiscal Performance Ahead of FY27 Budget

    Economic Survey 2025-26 to Highlight Fiscal Performance Ahead of FY27 Budget

    Pakistan Reopens Offshore Oil, Gas Exploration After Nearly 20 Years

    Pakistan Reopens Offshore Oil, Gas Exploration After Nearly 20 Years

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

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Home Fintech

EV Bike Demand Surges in Pakistan as Rising Fuel Prices Strain Supply

News Desk by News Desk
May 5, 2026
in Fintech, Latest
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EV Bike Demand Surges in Pakistan as Rising Fuel Prices Strain Supply
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Demand for electric vehicle (EV) scooters and bikes in Pakistan has surged בעקבות rising petrol prices, leading to shortages in the local market, it has been learned.

Dealers and industry experts told Business Recorder that buyers are paying “own money” ranging from Rs10,000 to Rs15,000 per unit, while delivery times have stretched to around 30 days. The delays are attributed to limited availability of completely knocked down (CKD) kits for popular models such as T5-L, Velax, and M3-H.

According to market estimates, approximately 40,000 EV units were sold in April alone, with scooters making up 90% of sales and bikes accounting for the remaining 10%. However, demand continues to outpace supply.

Evee Director Sales and Marketing Hamza Asad said assemblers have increased orders for CKD kits from China and expect supply to stabilize between May 25 and June 1.

He added that if favourable government policies persist, EV sales could reach 500,000 units by the end of December 2026.

The surge in demand follows a recent increase in petroleum prices by the government. Petrol prices rose by Rs6.51 per litre to Rs399.86, while high-speed diesel increased by Rs19.39 to Rs399.58 per litre.

Bike dealer and expert Muhammad Sabir Shaikh noted that many consumers prefer more “boyish” designs for EV scooters rather than “girlish” styles.

He suggested that EV scooters should feature “boyish” designs, including larger wheels of up to 14 inches, heavier builds, lithium iron phosphate batteries with at least 100km range, high-quality shock absorbers, and strong suspension systems.

Shaikh also urged policymakers to introduce a more supportive New Energy Vehicles (NEV) policy, proposing incentives such as allowing commercial battery imports for five years with 1% general sales tax (GST) and 1% customs duty, along with removing the requirement of setting up a paint shop to obtain an assembly licence.

He added that prices for popular EV scooters and bikes currently range between Rs250,000 and Rs600,000, while smaller bikes for children cost between Rs100,000 and Rs150,000 depending on quality and brand.

VLEKTRA founder and CEO Syed Raza Mohsin said the recent hike in fuel prices, combined with positive reception under the Pakistan Accelerated Vehicle Electrification (PAVE) programme, has caused short-term supply pressure.

“However, we feel supply is ramping up and will catch up in 2-3 months,” he said.

Mohsin added that suppliers are expanding capacity and emphasized the need for continued government support through favourable policies to sustain industry growth.

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The writer is a media graduate, serving as the Head of Communications at the Center for Democracy and Climate Studies, and as an International Expert at Diplomatic Affairs.

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