HUBC to Manufacture BYD Electric Vehicles in Pakistan, Eyes Global Markets

Karachi: HUBC has announced a strategic partnership through its subsidiary, Mega Motor Company Ltd, with BYD Auto Industry to manufacture and market BYD’s electric vehicles (EVs) in Pakistan. This collaboration is set to bolster HUBC’s position in the rapidly growing electric vehicle market both locally and internationally.

According to AKD Securities Limited, the agreement includes not only the manufacturing and distribution rights within Pakistan but also encompasses technical license agreements for the licensed products. The company is planning to set up a new plant with an annual production capacity of 50,000 new energy vehicles (NEVs), investing between US$150 million to US$200 million. About 30%-40% of the production is earmarked for exports, particularly targeting markets in Australia, Africa, and potentially the United States, following recent changes in U.S. import tariffs.

The company’s ambitious rollout includes launching 8-9 completely knocked down (CKD) variants between December 2025 and March 2026 and aims to establish 20-25 dealerships across Pakistan within the first three years. At a recent launch event, HUBC showcased several BYD models including Atto-3, Seal, and the high-range Sealion-6, which is set to compete with top-selling hybrid vehicles in Pakistan.

The demand for BYD vehicles in Pakistan is anticipated to grow significantly, fueled by increasing urbanization and the rising middle class, along with government incentives for electric vehicles. This presents a favorable market environment for BYD’s expansion plans.

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