PAVE Subsidy 2025: Will Inflation Raise EV Prices Despite Government Incentives
The Pakistani government has announced a major electric vehicle (EV) subsidy program called PAVE (Pakistan Accelerated Vehicle Electrification), which will run from 2025 to 2030. This includes a Rs100 billion subsidy to make electric two- and three-wheelers (like bikes and rickshaws) more affordable. But there’s one big question:Will inflation make EVs more expensive — even … Read more