Chinese electric vehicle giant BYD announced plans to open a car production plant in Pakistan, where it will also start selling three models through a partnership with Mega Motors.
BYD is the first major new electric vehicle (NEV) entrant in the market, where there is a lack of charging infrastructure.“Our entry into the Pakistan market is not just about bringing advanced vehicles to consumers,” said Liu Xueliang, BYD’s general manager for Asia Pacific.
“It’s about driving a broader vision of environmental responsibility and technological innovation.”BYD also plans to open three “flagship stores and experience centres” in Karachi, Lahore and Islamabad, the company said at a launch event in Lahore, adding it plans to start selling two SUV models and a sedan from the fourth quarter of 2024.
Mega Motors is a unit of country’s largest private utility Hub Power Co Ltd, known as Hubco.“We will establish Pakistan’s first NEV assembly plant […] dedicated to producing BYD’s cutting-edge new energy vehicles,” said Hubco Chief Executive Kamran Kamal, who described the deal as a “landmark investment”.
The new plant will begin operations in 2026, Kamal told Reuters.Hubco will set up fast-charging stations across major cities, motorways and highways to enhance the charging infrastructure of the country.
