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BYD Pakistan Projects 50% of Vehicle Sales Will Be Electric by 2030

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Sep 7, 2024

BYD Pakistan, a joint venture between China’s BYD and Mega Motors, forecasts that up to 50% of all vehicle sales in Pakistan could be electric by 2030.

The company, which entered the Pakistani market last month, plans to launch its range of electric vehicles (EVs) later this year. BYD Pakistan also intends to establish its own vehicle assembly plant, with operations expected to begin by early 2026.

While this ambitious goal is promising, it faces significant challenges, primarily the current lack of infrastructure to support such a large influx of electric vehicles. To address this, BYD Pakistan is collaborating with oil companies to set up 20 to 30 EV charging stations nationwide. This initiative aims to facilitate the adoption of electric vehicles by improving access to charging facilities.

In addition to infrastructure efforts, BYD Pakistan will focus on local vehicle assembly. This approach will help mitigate the high import duties associated with foreign vehicles, making their EVs more affordable for the local market.

Although the target of achieving 50% EV sales by 2030 is ambitious, BYD Pakistan is committed to overcoming these obstacles and driving the transition towards cleaner, more sustainable transportation in Pakistan.

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