BYD Pakistan Aims for 50% EV Sales by 2030 with New Infrastructure and Local Assembly Plans

BYD Pakistan’s EV Ambitions

Target for 2030

BYD Pakistan, a partnership between China’s BYD and Pakistan’s Mega Motors, revealed plans for electric vehicles (EVs) to make up 50% of all car sales in Pakistan by 2030. This goal matches global trends towards more electric cars.

BYD’s Market Entry

BYD, a top Chinese EV maker supported by Warren Buffett, began its operations in Pakistan last month. The company will open an assembly plant in early 2026 and start selling cars later this year. They launched three new models in August.

Future Predictions

Kamran Kamal, BYD’s spokesperson and CEO of Hub Power (which owns Mega Motors), believes that by 2030, new energy vehicles (NEVs) could account for up to 50% of car sales in Pakistan. This is an ambitious target for a market traditionally dominated by Japanese brands like Toyota, Honda, and Suzuki.

Challenges and Competition

The Pakistani auto market has recently experienced a 15-year low in vehicle sales. However, competition is increasing with South Korea’s KIA and Chinese brands like Changan and MG, which offer hybrid models. BYD Pakistan is the first major player focusing on new energy vehicles in the country.

Infrastructure and Government Plans

Reaching a 30% adoption rate for NEVs by 2030 seems achievable, but hitting 50% may be difficult due to infrastructure issues. The government plans to support this shift by developing EV charging stations and providing affordable electricity. BYD Pakistan is collaborating with two oil companies to set up 20 to 30 charging stations as part of its initial rollout.

Initial Sales and Future Plans

Initially, BYD Pakistan will sell fully assembled vehicles, which have higher import duties compared to locally assembled cars. The company aims to start producing cars locally as soon as possible. Further details about the new plant and investments, including the partnership with power utility Hubco, will be announced later.