Transportation
EV Giant BYD Plans to Build Karachi Plant as Part of Entry into Pakistan
- China’s best-selling car brand is pushing for global expansion
- Pakistan venture with Mega group to start sales this year
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Chinese electric carmaker BYD Co. plans to build a factory in Karachi with a local partner to capture a share of Pakistan’s growing EV market, according to a person familiar with the matter.
The company will reveal three models it plans to sell in Pakistan, including an SUV and a sedan, at its brand launch on Saturday, said the person, who asked not to be identified discussing private information. BYD aims to introduce additional models, including both battery-electric and plug-in hybrid vehicles, to the market at a later date.