HUBCO to commence local BYD vehicle production next month: report
Business Recorder • • 1 min read
HUBCO plans to begin assembling BYD vehicles in Pakistan in December 2026, with the Sealion 6 plug-in hybrid expected to be the first model off the local line. Business Recorder reported the timeline after HUBCO management discussed its electric-mobility operations at an analyst briefing. The company is also considering more models, including vehicles in the B and C segments.
The report says cumulative sales of BYD vehicles have passed 10,000 units, while the business earned about Rs1.5 billion in 1QFY27, including Rs780 million attributable to HUBCO. The factory near Karachi is a BYD and Mega Motor Company partnership, with an initial annual capacity of 25,000 vehicles on a double shift and room to scale to 50,000. Mega Motor Company handles the manufacture, marketing and distribution of BYD passenger vehicles in Pakistan.
At a glance
- HUBCO targets local BYD vehicle assembly from December 2026.
- The Sealion 6 is expected to be the first locally assembled model.
- HUBCO's reported share of 1QFY27 profit was Rs780 million.
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Originally reported by Business Recorder
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