BYD to Launch Three Models in Pakistan and Build EV Plant Near Karachi
Chinese new energy vehicle (NEV) manufacturer BYD is set to make a significant move into the Pakistani market, with plans to unveil three models at a brand launch event this Saturday, according to a Bloomberg report. The models to be introduced include an SUV and a sedan, with additional battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) models to follow at a later date.
BYD will establish a presence in major cities including Karachi, Lahore, and Islamabad, with the intention to begin sales in the fourth quarter of this year. The company has partnered with Mega Conglomerate Pvt, one of Pakistan’s largest business groups, through a joint venture with Mega Motors, a subsidiary of Hub Power, the country’s largest independent power producer.
The report also reveals that BYD plans to construct an electric vehicle (EV) plant near Karachi’s Port Qasim, an area known for hosting assembly plants for other car manufacturers such as Toyota, Suzuki, and Kia’s local subsidiaries. Construction of the plant is scheduled for completion in the first half of 2026, although specific details are still under discussion.
A BYD spokesperson confirmed the company’s entry into the Pakistani market with BEV and PHEV models but did not provide further details on the local plant plans. This move aligns with BYD’s strategy to expand its international footprint and tap into Pakistan’s growing EV market.
Key Points:
- Models Launch: BYD will unveil three models at a brand launch event on Saturday, including an SUV and a sedan.
- Showroom Locations: Showrooms will be set up in Karachi, Lahore, and Islamabad, with sales starting in Q4 of this year.
- Joint Venture: BYD has formed a joint venture with Mega Motors, a subsidiary of Hub Power, for the Pakistani market.
- Plant Construction: An EV plant will be built near Port Qasim in Karachi, with completion planned for the first half of 2026.
Conclusion:
BYD’s entry into the Pakistani market marks a significant step in expanding its global presence, leveraging the growing demand for electric vehicles in the country. With the construction of a new EV plant and the introduction of multiple models, BYD aims to solidify its position in the Pakistani automotive sector.