Chinese Auto Giant BYD Set To Build A factory In Pakistan

Chinese electric vehicle giant BYD has announced plans to open a car manufacturing facility 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) in the Pakistani market, where there is a lack of charging infrastructure. “Our entry into the Pakistani 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 “main sales and experience centres” in Karachi, Lahore and Islamabad, the company said at a launch event in Lahore, adding that it plans to start selling the two SUV models and a sedan from the fourth quarter of 2024.

Mega Motors is a unit of Pakistan’s largest private utility company Hub Power Co Ltd, known as Hubco.

“We will build Pakistan’s first NEV assembly plant… dedicated to manufacturing BYD’s premium new energy vehicles,” said Hubco CEO Kamran Kamal, who described the deal as a “significant investment.” The new factory will start operating in 2026, Kamal told Reuters.

Hubco will set up fast charging stations in major cities and highways to improve Pakistan’s charging infrastructure.

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