BYD Pakistan Plant Set to Begin Production by Mid-December

BYD's vehicle manufacturing plant in Pakistan is expected to start operations by mid-December 2026, according to a Topline Securities research note published after Hub Power Company's annual general meeting. The company's management is targeting initial sales of 1,000 to 1,500 vehicles per month as production gradually ramps up.

Initial Production to Rely on Imports

The October 20 report stated that the plant will initially depend entirely on imported raw materials and components. Over time, however, BYD plans to increase local sourcing, with a long-term goal of obtaining up to 80% of production inputs from within Pakistan. This shift is intended to improve cost competitiveness and reduce the company's reliance on imports.

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Model Lineup Expansion Planned

Management indicated that BYD intends to introduce additional vehicle models in Pakistan in phases. The company will prioritize segments that offer the potential for significant sales volumes.

BYD also sees a promising opportunity in Pakistan's automotive market as younger buyers show a growing willingness to change vehicles over shorter periods. This marks a shift from the traditional ownership cycle of five to 10 years. According to management, competitive pricing and product quality could help BYD gain ground as it expands its presence in the country.

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Partnership and Market Entry

BYD entered Pakistan through a partnership with Mega Motor Company, which is associated with Hub Power Holdings. The collaboration began introducing the Chinese automaker's new-energy vehicles to the local market in 2024, with customer deliveries of its initial models starting in 2025. The local manufacturing project is designed to support a transition from relying on imported vehicles toward domestic production.