BYD Aims to Electrify 50% of Vehicles in Pakistan by 2030

BYD Pakistan, a partnership between China’s electric vehicle giant BYD and local car group Mega Motors, has set an ambitious goal of converting up to 50% of Pakistan’s vehicles to electric or hybrid forms by 2030. This marks a significant milestone for the country’s auto industry, which has traditionally been dominated by Japanese manufacturers such as Toyota, Honda, and Suzuki.

The entry of BYD into Pakistan is seen as a game-changer for the market, especially with the planned introduction of three models this August. BYD Pakistan aims to launch its fully assembled electric vehicles later this year, with plans to set up an assembly plant by 2026.

Kamran Kamal, the spokesperson for BYD Pakistan and CEO of Mega Motors, expressed confidence in achieving this target. However, he acknowledged that challenges such as the development of charging infrastructure could slow the process. In response, BYD is collaborating with oil companies to build a network of charging stations across the country.

Although hybrid vehicle sales have more than doubled in the past year, analysts believe reaching 50% new energy vehicle adoption may be difficult due to infrastructure issues. However, the Pakistani government is drafting plans to incentivize charging station construction, further supporting the EV market.