Chinese automaker BYD set to commence automobile assembly in Pakistan by 2026
BYD to Begin Mass Production of Electric Vehicles in Pakistan by July 2026
BYD, a leading Chinese electric vehicle (EV) manufacturer, is set to begin mass production at its new factory in Pakistan by July or August 2026. The factory, located near Karachi, will have an initial annual production capacity of 25,000 units and will operate on a two-shift system [1][2][3][4].
The factory is a joint venture between BYD and Mega Motor Company, a subsidiary of Pakistan's utility firm Hub Power. Initially, the vehicles produced will cater to the domestic market, with potential exports to right-hand-drive countries in the region based on freight costs and market conditions [1][2][4].
BYD's entry into Pakistan and local assembly aims to bypass import restrictions, reduce costs, and meet the growing demand for electric and plug-in hybrid vehicles in Pakistan and neighboring emerging markets [1][4]. The plant will also allow BYD to take advantage of incentives offered by the Pakistani government.
BYD started delivering imported EVs in Pakistan in March, but specific sales figures were not disclosed. The company launched three models in Pakistan on August 17, 2024: the all-electric Atto 3, the Seal EV, and the hybrid Sealion 6 [5].
Interestingly, the Atto 3 is known as the Yuan Plus in China, and the Sealion 6 is called the Song Plus DM-i in the Chinese market. However, the Shark 6 model, which will be produced in Pakistan, was initially launched in Mexico in May 2024 under the name BYD Shark [6].
Sales of hundreds of imported EVs in Pakistan have already exceeded internal targets by 30 percent, indicating a strong market for electric vehicles in the country [7]. Khaliq, an industry expert, expects the market size for electric and plug-in hybrid vehicles in Pakistan to grow three to four times in 2025 from about 1,000 units in 2024 [8].
BYD aims to capture a 30 percent to 35 percent share in the electric and plug-in hybrid vehicle sector in Pakistan [9]. The factory's opening will increase BYD's overseas production capacity, further strengthening its position in the global EV market.
The factory will initially assemble imported components and produce some non-electric parts locally [3]. BYD plans to roll out its first EV assembled in Pakistan by July or August 2026 [10].
References:
- BYD to build electric vehicle factory in Pakistan
- BYD to launch electric vehicles in Pakistan
- BYD to assemble electric vehicles in Pakistan
- BYD eyes 30% market share in Pakistan's electric vehicle sector
- BYD launches three electric vehicles in Pakistan
- BYD Shark 6: A new pickup truck from BYD
- Sales of imported electric vehicles exceed targets in Pakistan
- Electric vehicle market in Pakistan set to grow significantly
- BYD aims for 30%-35% market share in Pakistan's electric vehicle sector
- BYD plans to roll out first locally assembled electric vehicle by July 2026
- BYD, spurred by the growing demand for electric vehicles (EVs) and plug-in hybrids, aims to capture a significant market share of 30% to 35% in Pakistan's automotive industry.
- The new factory by BYD in Pakistan, operated on a two-shift system, has an initial capacity of 25,000 units per year and will produce various electric vehicles (EVs).
- The joint venture between BYD and Mega Motor Company aims to reduce costs and bypass import restrictions in the transportation sector, providing affordable options for energy-efficient vehicles in the region.
- The Pakistani government's policies incentivize the development of electric and hybrid vehicles, thus supporting the growth of the EV market within the country.
- Sales figures in Pakistan for BYD's imported EVs surpassed initial expectations, suggesting a favorable lifestyle shift towards eco-friendly transportation alternatives.
- Interestingly, some of the electric vehicles to be produced in Pakistan, such as the Shark 6, are known by different names in the China market, indicating the adaptation of models for specific markets.
- Market experts project the market size for electric and plug-in hybrid vehicles in Pakistan to expand three to four times in 2025, and sales of hundreds of imported EVs have already surpassed internal targets by 30 percent.
- The initial assembly line at the BYD factory in Pakistan will assemble imported components while gradually producing some non-electric parts locally.
- Set to commence mass production by July or August 2026, the factory will bolster BYD's overseas production capacity, boosting its competitiveness in the global EV market.
- BYD plans to commence local production of EVs in Pakistan by debuting its first locally assembled model, expanding its automotive technology presence in the region.
