The government has made the decision to develop a new strategy to increase the market share of electric motorcycles or bikes (2/3 wheelers) through fiscal incentives, including reductions in the customs and taxation regime.
High-ranking officials told that the Federal Board of Revenue (FBR), the Ministry of Commerce, and the Ministry of Industries and Production will meet at the Industries ministry on November 17 (Thursday) to discuss a strategy for increasing the market share of e-bikes with two or three wheels in the nation.