Business Desk 
Oct 08, 2025
Hub Power Company Limited (HUBCO), the largest independent power producer in Pakistan, announced that local assembly of the BYD electric vehicles will begin in the second half of 2026, which will be a significant step for Pakistan's automotive and clean energy industries.
Notably, HUBCO was encouraged to seek local assembly after BYD’s Atto 3 model received a positive market response that has surpassed initial expected sales, with BYD now viewed as the leading EV brand in Pakistan, according to the company’s management.
Moreover, the HUBCO is developing the first and largest electric vehicle charging network in Pakistan, which will connect Karachi to Peshawar.
HUBCO has confirmed financial backing from at least two international finance partners for the venture.
The company is also considering and exploring other new industrial opportunities at Hub, Pakistan, with their existing base plant, which is 1,100 acres.
One of these ideas is for an aluminum smelter project, which could utilise the existing company’s power generation facilities within Pakistan.
The company is also assessing a Single Point Mooring (SPM) facility along the Hub coast to facilitate petroleum imports for Pakistan State Oil (PSO), leveraging the Asia Petroleum Pipeline for enhanced energy logistics.
