BYD Will Be Launching Electric Cars In Pakistan On August 17
August 7, 2024 / By Zunair Tahir / Automotive News
BYD and Mega Motor, a HUBCO subsidiary, work together to produce EVs.
Leading Chinese producer of New Energy Vehicles (NEVs), BYD, and Mega Motor Company (Private) Limited, a division of Hub Power Company Limited (HUBCO), will collaborate to have a major brand launch in Pakistan on August 17.
With this introduction, BYD’s passenger automobiles will be formally introduced to the Pakistani market.
According to specifics, billboards in the nation’s largest cities have been observed making references to BYD’s official launch. The goal of this agreement, which dates back to March when the strategic alliance was established, is to bring fully electric and plug-in hybrid electric vehicles to Pakistan, signaling the world’s leader in new energy vehicle sales for 2022 and 2023.
This project is anticipated to completely transform Pakistan’s automotive industry by offering state-of-the-art NEV solutions to a market hungry for environmentally friendly and economically viable modes of mobility.
According to reports, BYD is well-known for its innovative work in the manufacturing of new energy electric cars. In 2022 and 2023, it overtook competitors worldwide to take the top spot in sales of new energy vehicles.
In just over three years, BYD has gone from rolling out its one millionth new energy car in May 2021 to reaching the milestone of eight million vehicles, making it the first automotive brand in the world. On August 17, BYD will launch its brand in Pakistan, showcasing a selection of its most recent models.
“The partnership with BYD reflects Mega Motor Co.’s vision to support the national economy and contribute to reversing the impacts of climate change that affect Pakistan every year,” stated Aly Khan, Chief Executive Officer of Mega Motor Co.
It gives us great pleasure to contribute to the government’s goal of putting more new energy cars on the road and lowering the usage of fossil fuels. This partnership is an important step forward for Pakistan’s automotive sector and our group’s efforts to create a sustainable future.
Through this agreement, BYD’s cutting-edge new energy vehicles may be introduced to Pakistan. Plans are also in place to build out a complete charging infrastructure, which is essential for the general acceptance of NEVs.
Pakistan’s objectives to lessen its carbon footprint and improve energy efficiency in the transportation sector are in line with this strategy.