KARACHI: China’s BYD partners with Mega Motor to launch ‘NEV’ marking a significant event in sustainable partnership between China and Pakistan.
Chinese automotive giant BYD is set to officially enter the Pakistani market with a brand launch event scheduled for August 17.
BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, has partnered with Mega Motor Company, a subsidiary of Hub Power Company Limited (Hubco), to introduce its electric and plug-in hybrid vehicles to Pakistan.
This strategic partnership, initially announced in March, aims to bring BYD’s advanced NEV technology to a market increasingly interested in sustainable transportation solutions.
BYD’s entry into Pakistan follows its impressive global performance, having been the world’s top NEV seller in both 2022 and 2023.
Further, the company recently celebrated producing its 8 millionth new energy vehicle, a milestone reached just over three years after achieving the 1 million mark in May 2021.
Mega Motor Co. and BYD Collaboration
Aly Khan, CEO of Mega Motor Co, expressed enthusiasm about the partnership, stating, “This collaboration with BYD aligns with our vision to support the national economy and address climate change impact in Pakistan. We’re excited to contribute to the government’s goal of increasing NEV adoption and reducing fossil fuel dependency.”
Consequently, the launch will showcase BYD’s latest models and includes plans for developing a comprehensive charging infrastructure, essential for the widespread adoption of electric vehicles in Pakistan. This venture represents a significant step for Pakistan’s automotive industry, potentially transforming the market with advanced NEV options and supporting the country’s sustainable development goals.
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