BYD Moves Ahead With Pakistan EV Plant as Finance Minister Pledges Support

BYD Group and Mega Motor Company’s electric vehicle plans in Pakistan received fresh government backing after Finance Minister Senator Muhammad Aurangzeb reaffirmed support for local manufacturing, localization, and charging infrastructure development.

The finance minister met a delegation from BYD Group and Mega Motor Company at the Finance Division. The delegation was led by BYD Group Vice President and General Manager for Asia Pacific Auto Sales Division Liu Xueliang and Mega Motor Company Chief Executive Officer Aly Khan.

During the meeting, Aurangzeb welcomed BYD’s growing presence in Pakistan and said technology-driven investment remained a priority for the government. He described business-to-business cooperation as an important part of the Pakistan-China economic partnership and said the BYD-MMC joint venture could support industrial development, technology transfer, employment, and export growth.

Liu briefed the finance minister on BYD’s current operations and future plans in Pakistan. He said the company was moving ahead with the introduction of new energy vehicle technologies in partnership with Mega Motor Company and appreciated the government’s support for the country’s electric vehicle sector.

The delegation informed the meeting that construction of BYD’s local manufacturing facility was progressing according to schedule. It also shared plans to expand the company’s product portfolio, speed up localization, introduce advanced charging technologies, and strengthen Pakistan’s EV ecosystem through investment, technology transfer, and capacity building.

BYD also outlined a long-term vision to position Pakistan as a regional hub for electric vehicle manufacturing and exports. The company said it plans to work with local partners to develop charging infrastructure and train Pakistani engineers and technicians for future industry needs.

Aly Khan said Pakistan holds a strategic place in BYD’s global expansion plans and reiterated the joint venture’s commitment to long-term investment in the country. He briefed the finance minister on the progress of the manufacturing project and said the company was following a phased localization roadmap.

Under the roadmap, the joint venture aims to increase local content through domestic vendors and suppliers. Officials said this would help strengthen Pakistan’s automotive value chain and industrial base.

The finance minister said global trends clearly show a rapid transition towards electric mobility. He reiterated the government’s commitment to facilitating investments that support technological advancement, sustainable industrialization, and energy efficiency.

Aurangzeb also noted that Pakistan’s improving macroeconomic fundamentals and stronger external sector position had created a more favorable environment for productive investment and industrial expansion.

He encouraged the BYD-MMC delegation to accelerate work on local assembly, manufacturing, and charging infrastructure. He said a strong charging network would be critical for faster adoption of electric vehicles across the country.

The meeting also discussed the future role of electric vehicles and plug-in hybrid electric vehicles in Pakistan. The BYD delegation shared global experience, noting that plug-in hybrids can play a complementary role during the transition phase, especially in markets where charging infrastructure is still developing.

Participants also discussed opportunities linked to Pakistan’s growing adoption of solar energy and the potential connection between renewable energy and electric mobility.

Both sides reaffirmed their commitment to strengthening cooperation in electric mobility, local manufacturing, technology transfer, skills development, and sustainable transportation. The shared objective, officials said, is to help position Pakistan as a leading regional destination for new energy vehicle production and innovation.

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