BYD Assembly Plant in Pakistan Misses Opening Deadline

BYD's vehicle assembly plant in Gharo, Sindh, has missed its planned deadline to commence operations in the first half of FY26.

Key points

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• The facility will initially have an annual production capacity of 25, 000 vehicles, with the potential to scale up to 50, 000 units.
• Topline Securities remarked Hubco management has put the total project investment at $150 million, including $90 million in project financing.
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Notably, the facility will initially have an annual production capacity of 25, 000 vehicles, with the potential to scale up to 50, 000 units. Hubco had previously remarked in February 2025 that Mega Motor Business (Pvt) Ltd (MMCPL) was establishing the assembly plant, along with four flagship and three service dealerships in Pakistan's three major cities. Pakistan To Start Vehicle Exports To Bangladesh This Month.

Hubco holds a 50% stake in the project. When Hubco, through its wholly owned subsidiary HPHL and associated firm MMCPL, entered Pakistan's electric vehicle market through a partnership with BYD Auto Industry Business, the project dates back to June 2024.

According to Dawn, MMCPL did not respond to questions regarding the delay, the plant's current status, its localization aims, BYD vehicle imports before local assembly and its first-year production target. 5 Driving Schools Established for CM Punjab E-Bike Scheme.

Topline Securities remarked Hubco management has put the total project investment at $150 million, including $90 million in project financing. Hubco is targeting a 30% share of Pakistan's combined EV and PHEV market by 2030. Stay Connected with ProPakistani.

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For now, BYD Assembly Plant in Pakistan Misses Opening Deadline remains the part of the story worth watching, and further updates are likely as more details are confirmed.