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PAKISTAN ECONOMY

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    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    68% of modern passwords can be cracked within a day: Kaspersky research reveals

    68% of modern passwords can be cracked within a day: Kaspersky research reveals

    India bans sugar exports until September amid supply concerns

    India bans sugar exports until September amid supply concerns

    US returns over 450 antiquities worth $23 million to Pakistan

    US returns over 450 antiquities worth $23 million to Pakistan

    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

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    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

  • Business & Finance
    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

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

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    India bans sugar exports until September amid supply concerns

    India bans sugar exports until September amid supply concerns

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Ethiopian Ambassador to Pakistan Visits Sialkot Chamber of Commerce

    Ethiopian Ambassador to Pakistan Visits Sialkot Chamber of Commerce

    SECP Approves Five Brokerages to Launch Shariah-Compliant Trading Windows

    SECP Approves Five Brokerages to Launch Shariah-Compliant Trading Windows

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Prices Fall Sharply in Pakistan as Global Rates Decline

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    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

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    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

    Tashkent Flights, Strengthening Uzbekistan–Pakistan Connectivity

    Tashkent Flights, Strengthening Uzbekistan–Pakistan Connectivity

    IFC to Advise Pakistan on Nationwide Rollout of 10 Million Smart Meters

    IFC to Advise Pakistan on Nationwide Rollout of 10 Million Smart Meters

    Japan Contributes US$2 Million to Support Communities affected by Disasters in Pakistan

    Japan Contributes US$2 Million to Support Communities affected by Disasters in Pakistan

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

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

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

    US returns over 450 antiquities worth $23 million to Pakistan

    US returns over 450 antiquities worth $23 million to Pakistan

    The Nippon Foundation Donates Books to Allama Iqbal Open University;Japan Pakistan Advancement Center (JPAC) Inaugurated

    The Nippon Foundation Donates Books to Allama Iqbal Open University;Japan Pakistan Advancement Center (JPAC) Inaugurated

    AI Boom Among Pakistani children Prompting Calls for Better Cyber Safety: Kaspersky

    AI Boom Among Pakistani children Prompting Calls for Better Cyber Safety: Kaspersky

    TİKA-Led Turkish Delegation Visits Pakistan to Strengthen Cooperation on Flood Management and Climate Resilience

    TİKA-Led Turkish Delegation Visits Pakistan to Strengthen Cooperation on Flood Management and Climate Resilience

    Adnan Arif appointed to FPCCI Central Standing Committee on Media Broadcasting

    Adnan Arif appointed to FPCCI Central Standing Committee on Media Broadcasting

    Pakistan invites bids for two LNG cargoes for May delivery

    Pakistan invites bids for two LNG cargoes for May delivery

    Climate Champions Take the Lead: PRCS Ignites Green Action for a Sustainable Tomorrow

    Climate Champions Take the Lead: PRCS Ignites Green Action for a Sustainable Tomorrow

    No Peak-Hour Load Shedding as Power Generation Improves, Says Power Division

    No Peak-Hour Load Shedding as Power Generation Improves, Says Power Division

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  • Home
  • Latest
    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    68% of modern passwords can be cracked within a day: Kaspersky research reveals

    68% of modern passwords can be cracked within a day: Kaspersky research reveals

    India bans sugar exports until September amid supply concerns

    India bans sugar exports until September amid supply concerns

    US returns over 450 antiquities worth $23 million to Pakistan

    US returns over 450 antiquities worth $23 million to Pakistan

    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

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    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

  • Business & Finance
    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

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

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    India bans sugar exports until September amid supply concerns

    India bans sugar exports until September amid supply concerns

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Ethiopian Ambassador to Pakistan Visits Sialkot Chamber of Commerce

    Ethiopian Ambassador to Pakistan Visits Sialkot Chamber of Commerce

    SECP Approves Five Brokerages to Launch Shariah-Compliant Trading Windows

    SECP Approves Five Brokerages to Launch Shariah-Compliant Trading Windows

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Prices Fall Sharply in Pakistan as Global Rates Decline

  • 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
    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

    Tashkent Flights, Strengthening Uzbekistan–Pakistan Connectivity

    Tashkent Flights, Strengthening Uzbekistan–Pakistan Connectivity

    IFC to Advise Pakistan on Nationwide Rollout of 10 Million Smart Meters

    IFC to Advise Pakistan on Nationwide Rollout of 10 Million Smart Meters

    Japan Contributes US$2 Million to Support Communities affected by Disasters in Pakistan

    Japan Contributes US$2 Million to Support Communities affected by Disasters in Pakistan

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

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

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

    US returns over 450 antiquities worth $23 million to Pakistan

    US returns over 450 antiquities worth $23 million to Pakistan

    The Nippon Foundation Donates Books to Allama Iqbal Open University;Japan Pakistan Advancement Center (JPAC) Inaugurated

    The Nippon Foundation Donates Books to Allama Iqbal Open University;Japan Pakistan Advancement Center (JPAC) Inaugurated

    AI Boom Among Pakistani children Prompting Calls for Better Cyber Safety: Kaspersky

    AI Boom Among Pakistani children Prompting Calls for Better Cyber Safety: Kaspersky

    TİKA-Led Turkish Delegation Visits Pakistan to Strengthen Cooperation on Flood Management and Climate Resilience

    TİKA-Led Turkish Delegation Visits Pakistan to Strengthen Cooperation on Flood Management and Climate Resilience

    Adnan Arif appointed to FPCCI Central Standing Committee on Media Broadcasting

    Adnan Arif appointed to FPCCI Central Standing Committee on Media Broadcasting

    Pakistan invites bids for two LNG cargoes for May delivery

    Pakistan invites bids for two LNG cargoes for May delivery

    Climate Champions Take the Lead: PRCS Ignites Green Action for a Sustainable Tomorrow

    Climate Champions Take the Lead: PRCS Ignites Green Action for a Sustainable Tomorrow

    No Peak-Hour Load Shedding as Power Generation Improves, Says Power Division

    No Peak-Hour Load Shedding as Power Generation Improves, Says Power Division

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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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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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