By 2030, 50 percent of vehicles sold will be electric, BYD

BYD Pakistan, a partnership between China’s BYD and Pakistani car giant Mega Motors, has said that by 2030, all vehicles purchased in Pakistan will be at least 50 percent electric, in line with global targets.

According to a British news outlet, Warren Buffett-backed Chinese electric vehicle giant BYD announced last month that it would begin operations in Pakistan, adding the South Asian country of 250 million to its new market. It was done.

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The partnership has announced the opening of an assembly plant in early 2026, but its vehicles will go on sale this year, with the company launching 3 models in August.

BYD spokesperson in Pakistan Kamran Kamal has said that he sees up to 50 percent transition to New Energy Vehicles (NEVs). , which will encourage its construction.

According to local media reports in August, the Ministry of Energy has drafted standards for charging stations for electric vehicles (EVs) and the government is considering providing them with cheap electricity.

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Kamran Kamal said Pakistan is collaborating with two oil marketing companies to set up a charging infrastructure network and wants to set up 20 to 30 charging stations initially with the launch of its vehicles.

BYD Pakistan will initially sell fully assembled vehicles, which will have a higher import price than locally assembled vehicles.

Referring to difficulties in importing and selling fully assembled units under Pakistan’s current duty structure, Kamran Kamal said, “Our main goal is to bring locally manufactured vehicles on the roads as soon as possible.”