BYD to Launch First Locally Assembled EVs in Pakistan by Mid-2026 Aiming for 30-35% Market Share

Chinese electric vehicle manufacturer BYD Co. Ltd. has announced plans to launch its first locally assembled vehicles in Pakistan by mid-2026, marking a significant expansion into South Asia’s growing automotive market. The company will partner with Mega Motor Company, a subsidiary of Hub, to establish a production facility near Karachi, with the first models expected to roll off the assembly line between July and August 2026 [1][3]. The plant, currently under construction, is designed to produce 25,000 units annually, positioning BYD to capitalize on rising demand for electric vehicles (EVs) and plug-in hybrids in the region [5][6]. BYD Pakistan’s vice president of sales and strategy has confirmed the mid-2026 timeline and reiterated the local unit’s ambition to capture 30-35% of the market within its first years of operation [6].

The move underscores BYD’s strategy to diversify its global manufacturing footprint and reduce costs through localized production. By assembling vehicles in Pakistan, the company aims to mitigate import tariffs and logistical challenges while offering competitive pricing to consumers. This aligns with broader regional trends, as governments across South Asia increasingly incentivize EV adoption to curb emissions and reduce reliance on fossil fuels. Pakistan, in particular, has seen a surge in demand for alternative-energy vehicles, driven by rising environmental awareness and infrastructure investments.

The partnership with Mega Motor Company highlights BYD’s approach to leveraging local expertise for market entry. Mega Motor, a well-established entity in Pakistan’s automotive sector, will handle production and distribution, while BYD provides technical support and supply-chain integration. The initial product lineup is expected to include plug-in hybrid models, such as the Shark 6 pickup truck, tailored to meet regional preferences for utility and efficiency [5]. This product focus reflects BYD’s recognition of Pakistan’s market dynamics, where commercial and multi-purpose vehicles dominate.

From an analytical perspective, the project signals BYD’s confidence in South Asia’s long-term EV potential. The 25,000-unit annual capacity suggests a substantial commitment to the region, particularly as the company seeks to offset slower growth in traditional markets. However, challenges remain, including infrastructure gaps for EV charging and regulatory hurdles. BYD’s ability to navigate these issues will determine the success of its local operations. The stated 30-35% market share target, while ambitious, hinges on factors such as pricing competitiveness and consumer adoption rates.

The announcement also aligns with China’s broader push to export green technology and strengthen economic ties with South Asian nations. BYD’s expansion into Pakistan follows similar moves in Southeast Asia, where localized assembly has helped the company gain a foothold in markets with stringent import policies. By replicating this model, BYD aims to establish itself as a dominant player in a region projected to see rapid EV growth over the next decade.

Sources:

[1] [China's BYD to assemble EVs in Pakistan from 2026](https://www.reuters.com/sustainability/boards-policy-regulation/chinas-byd-assemble-evs-pakistan-2026-2025-07-24/)

[3] [BYD to launch first locally assembled EV in Pakistan by mid-2026](https://profit.pakistantoday.com.pk/2025/07/24/byd-to-launch-first-locally-assembled-ev-in-pakistan-by-mid-2026/)

[5] [BYD Pakistan to launch first plug-in hybrid electric pickup Shark 6](https://profit.pakistantoday.com.pk/2025/07/24/byd-pakistan-to-launch-first-plug-in-hybrid-electric-pickup-shark-6/)

[6] [International business briefs: BYD to roll out first car made in Pakistan](https://www.businesslive.co.za/bd/companies/2025-07-24-international-business-briefs-byd-to-roll-out-first-car-made-in-pakistan/)