BYD Pakistan says up to 50 vehicles bought in 2030 will be NEVs
Collaborating with two companies on charging infrastructure
No plans for battery assembly or packaging for now
Investment and plant details currently under consideration

KARACHI, Sept 6 Reuters Up to 50 of all vehicles bought in Pakistan by 2030 will be electrified in some form in line with global targets, BYD Pakistan, a partnership between China39;s BYD and Pakistani car group Mega Motors, said.

Warren Buffettbacked Chinese electric vehicle giant BYD last month announced its entry into Pakistan, making the South Asian nation of 250 million people one of its newest markets.

The partnership has announced plans to open an assembly plant in early 2026, but will introduce vehicles for sale later this year, after launching three models in August.

I see conversion to new energy vehicles NEV at up to 50, Kamran Kamal, BYD39;s spokesperson in Pakistan, told Reuters in an interview at his office on Thursday. Kamal is also the CEO of Hub Power, which owns Mega Motors.

The target is an ambitious one for Pakistan39;s auto sector, which has been largely dominated by Japanese automakers Toyota, Honda and Suzuki, with vehicle sales hitting a 15year low in the fiscal year to June.

Recently South Korea39;s KIA has begun challenging for market share along with Chinese companies Changan and MG, all of whom offer hybrid vehicles. BYD Pakistan is the first major new energy vehicle entrant in the Pakistani market….