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🇵🇰 Pakistan /Economy & Trade

$150 million BYD plant launch in Sindh delayed again

From Dawn · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Documents & data New plan
  • BYD’s planned vehicle assembly plant in Gharo, Sindh, has missed its first-half FY26 operational target.
  • Hub Power Company told analysts that the plant is now expected to start operating in the second half of 2026.
  • The facility is planned to produce 25,000 vehicles annually, with capacity scalable to 50,000, and Hubco holds a 50% stake in the project.

BYD’s planned assembly plant in Gharo, Sindh, has missed its scheduled launch in the first half of fiscal year 2026 and faces another delay.

According to a note from Topline Securities, Hub Power Company told analysts this week that the plant should come online in the second half of 2026. The facility is expected to produce 25,000 vehicles a year, with capacity that can be expanded to 50,000.

Hubco had said in February 2025 that Mega Motor Company was setting up the plant alongside four flagship dealerships and three service dealerships in Pakistan’s three major cities. Hubco owns half of the project.

The company entered Pakistan’s electric vehicle business with BYD Auto Industry Company in June 2024 through its wholly owned subsidiary HPHL and associated company Mega Motor Company.

About this summary

Originally published by Dawn in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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