
BYD is ready to launch its first locally assembled vehicle in Pakistan by July or August 2026 and tap into the growing demand for electric and plug-in hybrid vehicles in the region.
The global EV player entered the Pakistani market earlier this year and is looking to take things to the next level with local production.
Notably, the assembly plant under construction near Karachi is a joint venture between BYD and Mega Motor Company, a subsidiary of Hub Power (HUBCO).
"Initially, we will produce 25,000 vehicles per year using imported and some locally produced parts," BYD Pakistan Vice President of Sales and Strategy Danish Khaliq told Reuters.
The production will primarily serve the domestic market in Pakistan, but there is also the potential to export to other right-hand drive countries depending on shipping costs and viability.
EV sales in Pakistan are modest at present, but BYD feels the market is primed for growth.
"We don’t expect excess capacity as demand will come through," Khaliq said. "In 2025, maybe 4 to 5 times could be expected; around 1,000 in 2024, we'd expect 5,000 units." BYD wants to maximise its involvement in this boom.
Earlier this year, BYD started delivering imported vehicles in Pakistan, and sales have already exceeded internal targets by 30%. The company is also gearing up to launch its Shark 6 plug-in hybrid pickup truck on Friday, entering a space already occupied by China’s MG and soon Haval.