Karachi — BYD which is Chinese electric vehicle giant has announced that it will launch its first locally assembled vehicle in Pakistan by mid-2026 (July–August). This development comes after the construction of a state-of-the-art plant near Karachi aimed at transitioning the Pakistani market toward electric mobility.

The goal of company is not only to cater to Pakistan but also to export to other right-hand drive (RHD) markets such as Sri Lanka, Bangladesh and South Africa provided cost and shipment logistics remain feasible.

Local Assembly and Production Targets

AspectDetails
Plant LocationNear Karachi
Annual Capacity25,000 vehicles (in two shifts)
Launch TimelineQ2 of 2026 (expected)
Local PartnershipMega Motor Company (a subsidiary of Hub Power)

Initial Phase and Export Potential

  • In the first phase, the plant will assemble imported parts.
  • Later stages will see local manufacturing of non-electric components.
  • Export to other RHD markets is planned for the future.

BYD Presence in Pakistani Market

  • Since March 2025, BYD has been delivering imported EV models in Pakistan.
  • The sale of a few hundred units has already exceeded the internal targets of company by 30%.
  • BYD aims to capture 30–35% of Pakistani EV market in 2025.

Accelerating EV Market Trend

YearEstimated EV/PHEV Units Sold
20241,000 units
2025 (expected)3,000 – 4,000 units

Launch of New Model “Shark 6”

  • On Friday, BYD will launch its third Pakistani model, the “Shark 6.”
  • It is a plug-in hybrid pickup truck.
  • MG and Haval are already active in the current PHEV market in Pakistan.

Charging Infrastructure and Government Initiatives

  • The biggest obstacle to the growth of EVs in Pakistan is the lack of charging stations.
  • The government reduced electricity tariffs for charging stations by up to 45% in January 2025 to attract investors.
  • The private sector is now considering investing in charging networks.

Financial Performance

According to HUBCO, BYD Pakistan earned a profit of PKR 440 million (USD 1.56 million) in Q1 of 2025. This is considered a promising milestone for an early-stage venture.

Analytical Summary

  • BYD is set to become first major local assembler of Pakistan in the EV industry.
  • The capacity of plant and strategic partnership support future export plans.
  • Lack of charging stations and government incentives are key factors in EV adoption.
  • The EV market is growing rapidly and strategy of BYD appears transparent and long-term focused.