Chinese electric vehicle (EV) giant BYD plans to start assembling cars in Pakistan by July or August 2026. The company is building a plant near Karachi in partnership with Mega Motor Company, a part of Hub Power (HUBCO). The factory will be able to produce 25,000 vehicles each year using a double shift system.
BYD is the world’s top EV maker and is expanding in global markets, especially in developing countries like Pakistan. The new plant will first assemble cars using imported parts, but some non-electric components will be made locally. Initially, the cars will be sold in Pakistan, but the company may export to other right-hand drive countries in the future, depending on costs and demand.
Since March 2025, BYD has already been selling imported EVs in Pakistan. Although they didn’t share exact sales numbers, a company official said sales have beaten their expectations by 30%. BYD expects the Pakistani market for electric and plug-in hybrid cars to grow 3 to 4 times in 2025, from around 1,000 cars in 2024. The company aims to capture 30–35% of this growing market.
BYD will also launch its Shark 6 plug-in hybrid pickup truck on Friday. Other Chinese brands like MG and Haval are also entering the market. Plug-in hybrids are more suitable for Pakistan right now because of limited charging stations. To support EV growth, the government reduced electricity rates for chargers by 45% in January 2025.
BYD Pakistan earned Rs. 444 million in profit during the March 2025 quarter, showing strong early performance.