BYD Pakistan, a collaboration between China’s BYD and Pakistani car group Mega Motors, projects that by 2030, up to 50% of all vehicles purchased in Pakistan will be electrified. This aligns with global electrification goals.
Last month, BYD, supported by investor Warren Buffett, expanded into Pakistan, marking its entrance into the crowded South Asian market.
The company plans to open an assembly plant by early 2026 and will start selling vehicles later this year, following the August launch of three models.
Kamran Kamal, BYD’s spokesperson in Pakistan and CEO of Hub Power (owner of Mega Motors), shared these details with Reuters.
Pakistan’s auto market, long dominated by Japanese brands like Toyota, Honda, and Suzuki, saw its lowest vehicle sales in 15 years last fiscal year. However, South Korea’s KIA and Chinese brands, such as Changan and MG, are now gaining market share with hybrid offerings.
BYD Pakistan is the first major entrant in Pakistan’s new energy vehicle sector, where hybrid vehicle sales have more than doubled over the past year.
Kamal emphasized the government’s plans to incentivize the construction of charging infrastructure to overcome these hurdles.
Local reports in August noted that the power ministry drafted standards for electric vehicle charging stations, with proposals for offering affordable electricity to these facilities.
BYD Pakistan is working with two oil marketing companies to create a charging network. During the initial rollout of their vehicles, BYD Pakistan aims to establish 20 to 30 stations.
Initially, BYD Pakistan will import fully assembled vehicles, which incur higher import duties than those shipped as parts and assembled locally.
Kamal highlighted the company’s commitment to quickly transitioning to locally assembled vehicles, citing the high costs associated with importing fully built units under Pakistan’s current duty structure.
