"BYD, a Chinese EV manufacturer, to commence assembly of electric vehicles in Pakistan starting from 2026"
BYD's Electric Vehicle Plant in Pakistan Set to Begin Assembly in July or August 2026
BYD, the world's leading electric vehicle (EV) manufacturer, is set to start assembling EVs in Pakistan by July or August 2026. The plant, located near Karachi, will initially have a production capacity of 25,000 units per year, operating on a double-shift basis [1][2][3].
The initial product lineup will focus on electric and plug-in hybrid vehicles, catering to the rising demand for these types of EVs in the region. The plant will initially target the domestic market in Pakistan, with potential exports to right-hand drive markets in the region depending on freight costs and business economics [1][2][4].
The plant is part of BYD's strategic expansion beyond China, aiming to leverage local assembly to reduce costs, bypass import restrictions, and capture emerging EV demand in South Asia [1][4]. The plant is a partnership between BYD and Mega Motor Company, a subsidiary of utility Hub Power.
BYD's entry into the Pakistani market has been successful so far, with sales of imported EVs exceeding internal targets by 30%. The company has been delivering imported electric vehicles in Pakistan since March [5].
The Pakistani government has also taken steps to encourage EV uptake, slashing power tariffs for chargers by 45% in January. This move is aimed at promoting private charging stations and increasing the adoption of EVs [6].
The launch of the plant coincides with the launch of BYD's Shark 6 pickup, scheduled for Friday. Plug-in hybrids are a more practical option in Pakistan due to the lack of charging stations for all-electric vehicles [7].
The market size of electric vehicles 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 [8]. Chinese electric vehicle giants like BYD and rivals such as MG and Haval are already or soon to be present in the Pakistani market, making it an attractive destination for EV manufacturers.
[1] BYD Aims to Capture a 30-35% Share of the Electric Vehicle and Plug-in Hybrid Market in Pakistan
[2] BYD's Electric Vehicle Plant in Pakistan to Begin Assembly by July or August 2026
[3] BYD's Electric Vehicle Plant in Pakistan to Produce 25,000 Units a Year
[4] BYD's Strategic Expansion Beyond China: Leveraging Local Assembly to Capture Emerging EV Demand in South Asia
[5] Sales of BYD's Imported EVs in Pakistan Have Exceeded Internal Targets by 30%
[6] Pakistani Government Slashes Power Tariffs for Chargers to Encourage EV Uptake and Private Charging Stations
[7] Plug-in Hybrids are a More Practical Option in Pakistan Due to the Lack of Charging Stations for All-electric Vehicles
[8] Market Size of Electric Vehicles and Plug-in Hybrid Cars in Pakistan Expected to Grow Three to Four Times in 2025
- Leveraging local assembly to reduce costs and capture emerging EV demand, BYD has partnered with Mega Motor Company for the expansion of its business into the Pakistani automotive industry.
- With an initial production capacity of 25,000 units per year, the energy sector in Pakistan is set to experience considerable growth as BYD's EV plant commences assembly in July or August 2026.
- In the midst of rapid growth in the Pakistani market, finance and technology play a crucial role in ensuring the success of electric vehicle and plug-in hybrid vehicle manufacturing, as these companies adapt to the demand for battery-powered vehicles in right-hand drive markets.
