As reported by BYD Pakistan, a cooperation between China’s BYD and Pakistani automotive firm Mega Motors, up to 50% of all vehicles purchased in Pakistan by 2030 would be electrified in some form, meeting worldwide standards.
BYD, the Warren Buffett-backed Chinese electric car manufacturer, announced its debut into Pakistan last month, making the South Asian nation of 250 million people one of its newest markets.
The alliance has announced intentions to establish an assembly factory in early 2026, but will release vehicles for sale later this year, after the unveiling of three models in August.
“I see conversion to new energy vehicles (NEV) at up to 50%,” Kamran Kamal, BYD’s spokesperson in Pakistan, told Reuters in an interview at its headquarters on Thursday.
Kamal also serves as the CEO of Mega Motors’ parent company, Hub Power.
The objective is ambitious for Pakistan’s car sector, which has been dominated by Japanese manufacturers Toyota, Honda, and Suzuki, with vehicle sales falling to a 15-year low in the fiscal year ending in June.
Recently, South Korea’s KIA has began to compete for market share with Chinese businesses Changan and MG, all of which offer hybrid automobiles.
BYD Pakistan is the first significant new energy vehicle manufacturer to enter the Pakistani market.
Hybrid electric car sales in Pakistan have more than quadrupled over the last year.
While obtaining 30% NEV adoption by 2030 is doable, reaching 50% may be more difficult owing to infrastructural constraints, according to Muhammad Abrar Polani, auto sector analyst at Arif Habib Limited.
Kamal stated that the difficulty of charging infrastructure will be handled by government incentives for its creation.
In August, local media claimed that the power ministry has written regulations for electric vehicle (EV) charging stations, with the government contemplating providing inexpensive electricity.
