Last year, BYD rapidly expanded its global market coverage。BYD's latest market to enter is Pakistan, the world's fifth most populous country。

BYD will hold a brand launch in Pakistan on August 17 and showcase three models that will be sold in the market.。The three models are believed to include SUVs and sedans。The most likely candidates for these three cars are the three models that BYD usually introduces when it enters the market, namely the Atto 3 SUV, Dolphin small hatchback and Seal sedan。According to people familiar with the matter, BYD plans to sell all-electric and plug-in hybrid models on the market in the future。

To tap into the Pakistani market, BYD has partnered with Mega Conglomerate Pvt, one of Pakistan's largest business groups.。Accord Ding Bloomberg said the deal went beyond the dealer model in most markets.。

Sales in Pakistan will begin in the fourth quarter, before the joint venture will have showrooms in Karachi, Lahore and Islamabad.。

BYD is also reportedly planning to set up a plant in Pakistan, where production is expected to begin in 2026.。BYD declined to comment on the plant, although it has confirmed plans to enter the Pakistani market.。BYD is believed to be working with Hub Power Co, China's largest independent power producer.Mega Motors, a subsidiary, establishes partnership。

The plant will be built near Karachi's Qasim Port, which is already home to assembly plants for Toyota, Suzuki, Kia and other Japanese and Korean automobile companies.。Port Qasim is the second largest port in the country, handling about 35% of the country's cargo.。

Pakistan sold 85,087 locally assembled cars last year, down 63.4%, and passenger cars are believed to account for only about half of the total。Encouragingly, data from the Pakistan Automobile Manufacturers Association (PAMA) in May showed that passenger car sales were 8,487, up from 3,934 in May 2023.。

Pakistan government targets new energy vehicles to account for 30% of new car sales By 2030, Chinese manufacturers such as Great Wall Motor, SAIC, Changan Automobile have entered the local market。

BYD has entered more than 80 markets worldwide。Back in July, BYD opened its first wholly-owned overseas plant in Thailand to produce the company's 8 million new energy vehicles.。BYD also has a joint venture plant in Uzbekistan and one under construction in Indonesia。In addition, BYD has signed electric vehicle production agreements with Hungary, Turkey and Brazil.。

Source: Autohome, Fast Technology, Pakistan Today,