Etiqueta: Rising

BYD will assemble its first car in Pakistan by mid-2026, according to Reuters, to meet the rising demand for electric and hybrid cars, as they were previously exporting. What does the future of Pakistan’s EV market look like? Read more below.

KARACHI (Reuters) -Chinese electric vehicle giant BYD plans to roll out its first car assembled in Pakistan by July or August 2026 to capture growing demand for electric and plug-in hybrid vehicles in the region, a company executive said on Wednesday. The Pakistan plant addresses rising demand from emerging markets and allows the company to take advantage of incentives offered by the Pakistani government. The plant has been under construction since April near Karachi in a partnership between BYD and Mega Motor Company, a subsidiary of Pakistani utility Hub Power, Danish Khaliq, vice president of sales and strategy at BYD Pakistan, told Reuters.

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