BYD: Pakistan’s First Purpose-Built New Energy Vehicle Assembly Plant Developed Under CPEC With Hubco Subsidiary Mega Motor Company, Targeting 30-35% Of Pakistan’s EV Market, Creating 1,100+ Jobs, And Eventually Exporting To Right-Hand Drive Markets Across South Asia And Africa
According to Reuters, Islamabad Scene and The News, BYD; the world’s largest electric vehicle manufacturer is developing a 73-acre, $150 million purpose-built New Energy Vehicle assembly plant near Gharo, Sindh in partnership with Mega Motor Company, a subsidiary of Pakistan’s largest private utility firm Hub Power Company Limited.
The $150 million plant is designed as a purpose-built New Energy Vehicle facility with a planned annual capacity of 25,000 units, and is expected to become operational in the third or fourth quarter of 2026. The project is also projected to generate more than 1,100 jobs while laying the foundation for broader industrial development in the automotive sector.
Work on the facility has been underway since early 2025 and was progressing according to schedule, with BYD initially entering Pakistan through imported completely built-up vehicles before shifting the next phase of growth to focus on localization and domestic assembly.
This marks BYD’s first foray into South Asia, following investment restrictions in India. The BYD expansion is part of the China-Pakistan Economic Corridor initiative, further solidifying growing Pak-China economic cooperation.
BYD Pakistan Vice President Danish Khaliq said the company is targeting a 30-35% share of Pakistan’s EV and plug-in hybrid segment. Pakistan’s first and largest EV charging corridor under Mega Motor Company and Hubco Green is set to go live soon, connecting Karachi to Peshawar with charging stations every 200-250 kilometres, with approximately 40-50 stations nationwide targeted by the end of 2026.
To check out our previous coverage on Pakistan’s automotive sector, EV industry, and CPEC investments, read our articles here.
