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Electric vehicles have been gaining visibility over the last two years. The famous EV brand Metro was introduced in Pakistan in 2022. Their running cost is lower than that of petrol bikes. They are usually cheaper than motorcycles that run on fuel. Let’s delve deeper into the significant factors that contribute to the rise of future of electric scooters in the Pakistani market.
Government Tax Incentives On EVS Scooters
Pakistan’s government also supports their usage among consumers as they don’t demand taxes for these scooters. These electric scooters have free registration for the issuance of licensed number plates to drive them on the roads. The demand for batteries in the global market will increase in the next few years. Battery shipment was 94% higher in the year 2021, and graphene batteries will become the future.
These two-wheeler electric scooters are gaining special attention in terms of taxes and incentives. If EVs are made in Pakistan (CKDs), they will be sold at 1% sales tax, making them cheaper among buyers. However, this is being done to encourage people to buy electric bikes in Pakistan.
Factors Responsible For The Rise Of Electric
Some factors contribute to the rise of these electric scooters in Pakistan. These are as follows.
Environmental Concerns
The environment should be clean and friendly for drivers. Traditional gasoline-powered vehicles emit harmful pollutants like carbon monoxide (CO) and nitrogen oxide (NOx). These electric scooters don’t produce harmful substances and reduce carbon footprints.
These don’t contribute to increasing noise pollution as they don’t produce sounds like motorcycles operating on engines. The adoption of an electric motorcycle in Pakistan is expected to grow in the future due to the advancement of technology.
Rising Fuel Prices
The rising fuel prices have given rise to the demand for electric bikes. The fluctuation of fuel prices has produced challenges for motorcycle owners. Additionally, it has made it difficult for them to operate and manage the expenses of these fuel bikes.
On the contrary, electric vehicles are a cheaper source of transportation. Moreover, these scooters operate on batteries which can be charged from renewable resources. It helps electric scooter owners to operate their vehicles easily and efficiently.
Moreover, it saves EVS scooter owners from maintenance costs like engine oil changes, exhaust system repairs, and transmission repairs overall.
For example:
The petrol bike, like the Honda CG 125, usually runs 45 Km/l. The current petrol price in Pakistan is RS 268, and the per Km cost will be 5.95 RS.
In comparison to electric scooters like Metro T9, they consist of 25-50 Ah batteries with 800-1800 watts of motor. They usually give a range of 60-90 Km. An average scooter takes 1.5 units of electricity to charge fully. The one-unit cost is RS 60. So, the price per Km for running the scooter will be RS 1.28 Rs.
Addition Of Features
New features have been added to electric scooters. The improvement in efficiency, range, and charging of batteries have introduced the rise of these scooters in Pakistan. Moreover, these features have made the electric scooter more appealing and attractive to a broader audience. However, the battery cost is cheaper than the fuel, which is actually promoting the trends of these electric scooters in Pakistan.
Global Trends
The usage of electric scooters has become a global trend in the Pakistani Market. Individuals need a sustainable source of transportation. The future of electric scooters is evident from this need, as everyone wants a cleaner source of commuting, and electric scooters are exceptional in this case.
Urban Congestion
The major cities of Pakistan have become polluted due to the significant rise in traffic. It leads to air pollution. Electric scooters have become the solution to these problems by producing zero emissions and contributing to reducing congestion.
Local Manufacturing
The local manufacturing capabilities have given rise to the promotion of scooters in Pakistan. In addition, manfacturers make electric scooters and their parts in the country. It has several essential benefits, like job opportunities for local people, boosting the economy, and cost reduction in the production of these scooters.
Bottomost Stance
In short, the above article explains some of the major reasons for the rise of e-bikes in Pakistan. The government is providing growth opportunities for these scooters, which in turn is the major factor in the economical price of e-bikes in Pakistan. The future of electric scooters in Pakistan might be challenging for auto manufacturers, but the results will be fruitful.
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