21/10/2026
Hub Power Company (Hubco) has confirmed that BYD vehicle production in Pakistan will initially rely entirely on imported raw materials and components. The plant is expected to commence operations by mid December 2026, with an initial sales target of 1,000 to 1,500 vehicles per month, as shared during the corporate briefing on October 20.
The company plans to increase localization gradually with a long-term goal of 80% local content to improve cost competitiveness. BYD will also introduce additional models in phases, while competition from Chinese CBU vehicles in the EV segment remains intense.