/ Jun 09, 2026

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Electric Bike Sales Skyrocket in March 2026 as Petrol Prices Surge

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  • Electric bike demand in Pakistan surged sharply in March 2026 as rising petrol prices pushed consumers toward affordable alternatives after Eid-ul-Fitr.

KARACHI: The EV market of Pakistan experienced a sudden influx of demand in the month of March 2026 when consumers switched their preference from conventional fuel engines due to the rising cost of petrol. According to market data, sales figures of electric scooters and motorcycles have broken all records after the Eid-ul-Fitr celebrations and dealers are finding it difficult to stock their products.

Due to this shift in the market dynamics, nationwide dealers have requested the manufacturing companies to step up their production in order to cope with the growing demand-supply gap.

Top Brands Benefiting from Electric Bike Demand in Pakistan

Statistics from March 2026 depict a revolutionary month for the local EV manufacturers. The leading firm in sales is the EV company, which has sold an impressive 7,000 units. Following EV is Revoo, with a record-high of 6,000 units sold, and Ramza Aima, which sold 5,000 units in total.

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As for the mid-level segment, there were also some changes, namely sales of 3,000 units by the Crown brand, and sales of 2,200 units by Metro. In addition, Okla and Evion sold 2,000 units each, while Yadea sold a total of 1,200 scooters. YJ Future and Eco Dost sold 800 and 180 units, respectively.

Restrictions in Supply Chain and Import Issues

The surge in consumer interest has taken a number of assemblers by surprise. According to sources in the market, most companies have already run out of the inventory available for delivery. In speaking with Mobile World Magazine, an expert has stated that although new orders have been placed, delivery schedules will require patience on behalf of consumers.

This phenomenon is not restricted to cities but extends from Karachi to Peshawar. The green revolution in this context has reportedly been fueled by the continuous escalation in prices of petroleum-based fuels. Electric bicycles offer commuters considerable savings in terms of transportation costs.

Cost of Production

There are, however, obstacles that exist within the industry. As sales continue to increase, so do the cost factors involved in production. Manufacturers are currently facing an increase in the price of batteries and motors because of increased import expenses from China. Additionally, the worldwide increase in aluminum prices has also affected the cost of producing motors.

In order to protect their profits, several firms have begun shifting these costs to consumers, leading to a rise in retail prices ranging between PKR 3,000 and PKR 5,000 per unit.

Policy Support: The PAVE Scheme

On the regulatory front, Prime Minister Shehbaz Sharif has signaled a strong preference for the EV transition to mitigate the country’s heavy reliance on imported fuel. The Ministry of Industries and Production is reportedly optimizing the PAVE scheme to increase subsidies.

In making the process easier on both producers and consumers, the government aims to ensure that the market for EVs becomes a key element in Pakistan’s future economic and environmental policies. At the moment, the focus is on ensuring that producers stock their dealerships ahead of the next rush of buyers.

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