BYD’s EVs in Pakistan Will Be Launched by 2026

Friday, July 24 2025 | Newsmakers Web Desk

Chinese electric vehicle giant BYD has announced plans to roll out its first locally assembled Electric Vehicle (EV) in Pakistan by July or August 2026, aiming to meet the country’s growing demand for electric and plug-in hybrid vehicles.

BYD, currently the world’s largest EV manufacturer, is expanding aggressively beyond its home market of China, where it faces intense price competition. The upcoming Pakistan plant is part of BYD’s strategy to capture emerging markets and benefit from government incentives.

According to Danish Khaliq, Vice President of Sales and Strategy at BYD Pakistan, the plant is being constructed near Karachi in partnership with Mega Motor Company, a subsidiary of Hub Power.

Initially, the facility will have a production capacity of 25,000 units per year. While Khaliq did not provide a timeline for full-scale production, he confirmed that the first phase would focus on assembling imported parts, with limited local production of non-electric components.

“The plant will serve the domestic market initially, but there’s potential to export vehicles to right-hand drive markets in the region, depending on freight costs and business feasibility,” said Khaliq.

He further noted: “We do not foresee excess capacity in our system, as demand in Pakistan is expected to catch up.”

BYD began delivering imported EVs in Pakistan in March 2025. Although the company has not disclosed precise figures, Khaliq revealed that sales exceeded internal targets by over 30%, with a few hundred units already sold.

Looking ahead, Khaliq estimates the Pakistani market for EVs and plug-in hybrid cars will grow three to four times in 2025, compared to approximately 1,000 units sold in 2024. BYD aims to capture a 30–35% market share in this segment.

According to a regulatory filing by Hubco, BYD Pakistan earned a profit of around Rs444 million (\$1.56 million) in the March 2025 quarter.

The company is also set to launch its Shark 6, a plug-in hybrid pickup truck in Pakistan on Friday. Chinese automaker MG already sells a plug-in hybrid SUV in the country, while competitor Haval is also preparing to enter the segment soon.

Plug-in hybrids are considered more practical in Pakistan due to the shortage of EV charging infrastructure. To address this, the government cut electricity tariffs for EV chargers by 45% in January, aiming to accelerate EV adoption and promote private charging stations.