Overview
- Finance Minister Muhammad Aurangzeb met a BYD and Mega Motor Company delegation on June 18 and publicly reaffirmed government support for local EV manufacturing and localisation.
- BYD and MMC told the minister that construction of a local assembly and manufacturing facility is progressing according to schedule and that they will expand the product lineup for the Pakistani market.
- The joint venture presented a phased localisation roadmap to raise local content by engaging domestic suppliers and accelerating assembly work inside Pakistan.
- The companies committed to technology transfer and to training Pakistani engineers and technicians to operate and service new‑energy vehicles.
- Delegates outlined plans to roll out charging infrastructure with local partners and use plug‑in hybrid vehicles as a stopgap, while officials noted that firm production targets, full‑localisation timelines and financing details have not yet been disclosed.