"BYD, a Chinese car manufacturer, plans to start assembling electric vehicles (EVs) in Pakistan from 2026"
BYD's First Electric Vehicle Assembly Plant in Pakistan Set to Open by July 2026
Chinese electric vehicle giant BYD is set to launch its first car assembled in Pakistan by July or August 2026. The assembly plant near Karachi has been under construction since April 2025 through a partnership between BYD and Mega Motor Company, a subsidiary of the Pakistani utility Hub Power.
The initial capacity of the plant will be 25,000 units a year on a double shift. The plant will begin by assembling imported EV parts with some local manufacturing of non-electric components. Initially, production will focus on the domestic Pakistani market, with potential for export to right-hand drive countries in the region depending on freight costs and business viability.
BYD's entry into the Pakistani market comes at a time when the demand for electric vehicles (EVs) is on the rise. Sales of imported EVs have exceeded internal targets by 30 percent, with a few hundred cars sold. The market size of EVs and plug-in hybrid cars in Pakistan is expected to grow three to four times in 2025 from around 1,000 total units in 2024.
The government of Pakistan has also taken steps to encourage the uptake of EVs, slashing power tariffs for chargers by 45 percent in January. Plug-in hybrids offer a more practical option in Pakistan due to a lack of charging stations for all-electric vehicles.
BYD is targeting a 30-35 percent share of the plug-in hybrid vehicle segment in Pakistan. The company, which is the world's top EV maker and has been expanding rapidly outside its home market, is poised to take advantage of the growing EV market in Pakistan.
China's MG already sells a PHEV SUV in Pakistan, and rival Haval is set to join the plug-in hybrid vehicle segment soon. BYD will launch its Shark 6 plug-in hybrid pickup truck in Pakistan on Friday.
The move addresses rising demand from emerging markets and allows the company to take advantage of incentives offered by the Pakistani government. In the March quarter of 2025, BYD Pakistan made around 444 million rupees ($1.56 million) in profit. The exchange rate is $1 = 284,000 Pakistani rupees.
[1] https://www.dawn.com/news/1666429 [2] https://www.dawn.com/news/1666681 [3] https://www.dawn.com/business/1666687
- The assembly plant of Chinese electric vehicle giant, BYD, set to open in Pakistan by July 2026, is a result of a partnership with Mega Motor Company, a subsidiary of the Pakistani utility Hub Power.
- The initial production capacity of the BYD assembly plant will be 25,000 units a year, with an initial focus on the domestic market, and potential for export to right-hand drive countries in the region.
- As demand for electric vehicles (EVs) in Pakistan rises, BYD aims to capture a 30-35 percent share of the plug-in hybrid vehicle segment, given the practicality of plug-in hybrids due to a lack of charging stations for all-electric vehicles.
- The entry of BYD into the Pakistani market is timely, with the market size of EVs and plug-in hybrid cars projected to grow three to four times in 2025 from around 1,000 total units in 2024.
- China's MG already sells a PHEV SUV in Pakistan, with rival Haval also set to join the plug-in hybrid vehicle segment soon, and BYD launching its Shark 6 plug-in hybrid pickup truck in Pakistan on Friday, addressing the rising demand from emerging markets and leveraging incentives offered by the Pakistani government.
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