BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, will join forces with Mega Motor Company (Private) Limited, a subsidiary of Hub Power Company Limited (HUBCO), to host a grand brand launch on 17th August in Pakistan, officially showcasing BYD passenger cars to the Pakistani market.
Billboards hinting at the formal launch of BYD have been sighted across major metropolitan cities in the country. Since the strategic partnership was announced in March, this collaboration aims to introduce fully electric and plug-in hybrid electric vehicles, marking the entry of the world’s New Energy Vehicle sales champion in 2022 and 2023 into the Pakistani market. This milestone venture is expected to redefine Pakistan’s automotive landscape, providing cutting-edge NEV solutions to a market eager for sustainable and energy-efficient transportation options.
BYD is renowned for its pioneering work in new energy electric vehicle production, having surpassed global competitors in 2022 and 2023 to become the leading seller of new energy vehicles. Since achieving the roll-off of its 1 millionth new energy vehicle in May 2021, BYD has reached the impressive milestone of 8 millionth vehicles in just over three years, becoming the world’s first automobile brand to hit this milestone. The upcoming brand launch in Pakistan on 17th August will showcase a range of BYD’s latest models.
Aly Khan, Chief Executive Officer of Mega Motor Co., commented, “The partnership with BYD reflects Mega Motor Co.’s vision to support the national economy and contribute to reversing the impacts of climate change that affect Pakistan every year. We are also delighted to play our part in fulfilling the government’s vision of increasing the number of new energy vehicles on the roads and reducing the use of fossil fuels. This collaboration represents a significant milestone for Pakistan’s automotive industry and our collective efforts towards a sustainable future.”
This partnership not only brings BYD’s innovative new energy vehicles to Pakistan but also includes plans to establish a comprehensive charging infrastructure, which is a critical component for the widespread adoption of NEVs. This initiative aligns with Pakistan’s goals to reduce its carbon footprint and enhance energy efficiency in its transportation sector. BYD will continue to commit to offering advanced technology and high-quality services, helping Pakistan achieve its sustainable development goals.
ENDS
About BYD
BYD is a multinational high-tech company devoted to leveraging technological innovations for a better life. Founded in 1995 as a rechargeable battery maker, BYD now boasts a diverse business scope covering automobiles, rail transit, new energy, and electronics, with over 30 industrial parks in China, the United States, Canada, Japan, Brazil, Hungary, and India. From energy generation and storage to its applications, BYD is dedicated to providing zero-emission energy solutions that reduce global reliance on fossil fuels. Its new energy vehicle footprint now covers 6 continents, over 88 countries and regions, and more than 400 cities. Listed in both Hong Kong and Shenzhen Stock Exchanges, the company is known as a Fortune Global 500 enterprise that furnishes innovations in pursuit of a greener world. For more information, please visit www.bydglobal.com.
About BYD Auto
Founded in 2003, BYD Auto is the automotive subsidiary of BYD, a multinational high-tech company devoted to leveraging technological innovations for a better life. Aiming to accelerate the green transition of the global transportation sector, BYD Auto focuses on developing pure electric and plug-in hybrid vehicles. The company has mastered the core technologies of the entire industrial chain of new energy vehicles, such as batteries, electric motors, and electronic controllers. In recent years, it has achieved significant technological advancements, including the Blade Battery, DM-i Super Hybrid Technology, e-Platform 3.0, CTB Technology, e⁴ Platform, BYD DiSus Intelligent Body Control System, and DMO super hybrid platform. The company is the world’s first carmaker to stop the production of fossil-fueled vehicles in favor of electric vehicles and has remained the top seller of new energy passenger vehicle in China for 11 consecutive years.
About HUBCO and Mega Motor Company
The Hub Power Company Limited (HUBCO) is Pakistan’s largest independent power producer, committed to delivering sustainable energy solutions. Mega Motor Company (Private) Limited, an associated company of Hub Power Holdings, is dedicated to advancing Pakistan’s automotive industry through innovative and eco-friendly technologies.