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HomeNewsBYD Announces Construction of New Auto Manufacturing Plant in Pakistan

BYD Announces Construction of New Auto Manufacturing Plant in Pakistan

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  • BYD plans to enter the Pakistani market with electric vehicles.
  • A new manufacturing plant in Karachi is scheduled to begin operations in 2026.
  • The company will open three flagship stores in major Pakistani cities.

Beijing/Karachi, August 18 (FFN) – Chinese electric vehicle giant BYD has announced plans to build a new automobile manufacturing plant in Karachi as part of its strategic entry into the Pakistani market. This initiative responds to the growing demand for new energy vehicles (NEV) in the region.

In collaboration with local partner Mega Motors, a subsidiary of Hub Power Co (Hubco), Pakistan’s largest private company, BYD will begin selling three models of its vehicles in the fourth quarter of 2024. These models will include two SUVs and a sedan.

Table: BYD’s Planned Steps in Pakistan

StepTimelineDetails
NEV sales launchQ4 2024Three models: two SUVs and one sedan
Construction of manufacturing plantCompletion by 2026Manufacturing plant for new energy vehicles in Karachi
Opening of flagship stores2024Stores in Karachi, Lahore, and Islamabad
Development of fast-charging stations2024 and beyondStations in major cities and on major highways

Important: This move by BYD is seen as a groundbreaking investment that could significantly impact the automotive market in Pakistan and contribute to improving environmental responsibility in the region.

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