The Pakistani government has initiated significant reforms in the energy and transportation sectors, focusing on sustainability and efficiency. The Engineering Development Board (EDB) has launched the Prime Minister’s Pakistan Accelerated Vehicle Electrification (PAVE) Scheme, which provides subsidies of up to Rs80,000 for electric bikes and rickshaws. According to Profit by Pakistan Today, the scheme aims to distribute Rs9 billion in subsidies during the current fiscal year, with a target of over Rs100 billion by 2030. The first phase supports 41,000 electric vehicles, including 40,000 bikes and 1,000 rickshaws, with plans to expand to 78,000 additional vehicles in the second phase. This initiative is designed to reduce reliance on imported fuel and promote alternative energy transport options, particularly benefiting students, youth, and women through installment-based financing.