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Govt Reaffirms Support For Electric Vehicle Manufacturing ... - UrduPoint Published June 18, 2026 | 12:40 PM ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 18th Jun, 2026)FederalMinister for Finance and Revenue, Senator Muhammad Aurangzeb on Thursday reaffirmed the government's support for electric vehicle manufacturing, localization and sustainable transportation to promotePakistanas a regional hub for new energy vehicles. He stated this while talking to a delegation of BYD Group and Mega Motor Company (MMC) led by BYD Group Vice President Liu Xueliang and MMC CEO Aly Khan. Speaking on the occasion, the finance minister appreciated BYD's expanding presence in Pakistan and said the BYD-MMC joint venture would support industrial development, technology transfer, employment generation and export growth in the country. He noted that global trends clearly pointed towards an accelerating transition to electric mobility and reiterated the government’s commitment to facilitating investments that support technological advancement, sustainable industrialization and energy efficiency. He observed that Pakistan’s improving macroeconomic fundamentals and enhanced external sector pos…

BYD Delegation Meets Finance Minister Aurangzeb to Discuss Pakistan's ... On June 18, 2026, a delegation from BYD, led by Vice President Liu Xueliang, met with Pakistan’s Finance Minister Muhammad Aurangzeb to explore the country’s potential as a market for new energy vehicles, according to Dawn. The discussion comes as BYD, a leading Chinese electric vehicle manufacturer, seeks to expand its footprint in South Asia. The meeting included Aly Khan, CEO of Mega Motor Company, and focused on infrastructure, policy frameworks, and market readiness for electric vehicles in Pakistan. Finance Minister Aurangzeb emphasized the government’s commitment to fostering partnerships that align with national energy transition goals. This engagement reflects broader regional interest in electric vehicle adoption, as South Asian nations seek to diversify energy sources and reduce dependence on fossil fuels. Analysts note that Pakistan’s growing middle class and urbanization trends could create a viable market for EVs, though infrastructure challenges remain. The discussion follows BYD’s announcement last year of plans to roll out its first car in Pakistan. However, the company has yet to provide…

BYD moves ahead with Pakistan EV plant as govt pushes to deepen ... Business & Finance BYD moves ahead with Pakistan EV plant as govt pushes to deepen localisation BYD looks to position Pakistan as a regional hub for EV manufacturing and exports Published June 18, 2026 Updated June 18, 2026 10:08pm Save Saved 3 min Summary new comment Comments AI Overview (with editorial review) Brief AI Generated summary Pakistan is intensifying its domestic EV manufacturing drive as BYD Group expands local production and localization with Mega Motor Company, supported by government efforts to attract technology-driven investments. Read the full article for: BYD Group's expanding local production and localization plans in Pakistan. Pakistan's government support for the domestic EV manufacturing ecosystem. Developing Pakistan as a regional hub for EV manufacturing and exports. By BR Web Desk Add BRecorder as a trusted source on Google Pakistan is intensifying its drive to develop a domestic electric vehicle (EV) manufacturing ecosystem as Chinese auto giant BYD Group moves ahead with plans to expand its local production facility and deepen localisation in partnership with Mega Motor Company. The d…

BYD delegation meets Aurangzeb, emphasises Pakistan’s potential as market for new energy vehicles <p>A delegation from Chinese electric vehicle giant BYD met Finance Minister Muhammad Aurangzeb and emphasised Pakistan’s growing potential as a market for new energy vehicles, according to a statement issued by the finance ministry on Thursday.</p> <p>The delegation was led by BYD Group Vice President and General Manager for Asia Pacific Auto Sales Division Liu Xueliang and Mega Motor Company (MMC) Chief Executive Officer Aly Khan.</p> <figure class='media w-full w-full media-- media--embed media--uneven media--tweet' data-original-src='https://x.com/Financegovpk/status/2067502936771658104'> <div class='media__item media__item--twitter '><span> <blockquote class="twitter-tweet" lang="en"> <a href="https://twitter.com/Financegovpk/status/2067502936771658104"></a> </blockquote> </span></div> </figure> <p>Last year it was <a href="https://www.dawn.com/news/1926298">announced</a> that BYD planned to roll out its first car assembled in Pakistan by July or August 2026 to capture growing demand for electric and plug-in hybrid vehicles in the r…

BYD EV Plant in Pakistan On Track as Expansion Plans Grow - Profit by ... June 18, 2026 In a meeting with the finance minister, BYD and Mega Motors delegation highlights the company’s plans to develop charging infrastructure in collaboration with local partners and to train Pakistani engineers and technicians to support the sector’s future growth Saddam Hussain June 18, 2026 A BYD Group and Mega Motor Company (MMC) delegation informed Pakistan’s Finance Minister Muhammad Aurangzeb that construction of its local manufacturing facility in Pakistan is progressing according to schedule, as the company moves to expand its electric vehicle portfolio, accelerate localisation and introduce advanced charging technologies in partnership with Mega Motor Company. Delegation led by Mr Liu Xueliang, Vice President of BYD Group and General Manager, BYD Asia Pacific Auto Sales Division, and Mr Aly Khan, Chief Executive Officer, Mega Motor Company (Private) Limited, met Federal Minister for Finance and Revenue Muhammad Aurangzeb at the Finance Division on Thursday. Welcoming the delegation, the Finance Minister appreciated BYD’s growing footprint in Pakistan and underscored the importance of…

Govt Backs BYD's Expansion and EV Manufacturing Plans in Pakistan Chinese electric vehicle maker BYD has reaffirmed its commitment to manufacturing and localization in Pakistan, with construction of its local assembly plant progressing on schedule and plans underway to expand charging infrastructure and train local talent. A delegation from BYD Group and its local partner, Mega Motor Company, met Finance Minister Muhammad Aurangzeb on Thursday to discuss the company’s operations and future plans in Pakistan. The delegation was led by BYD Vice President Liu Xueliang and Mega Motor Company Chief Executive Officer Aly Khan. BYD informed the government that it plans to expand its product lineup, accelerate localization, introduce advanced charging technologies, and strengthen Pakistan’s electric vehicle ecosystem through investment, technology transfer, and capacity building. ALSO READ Pakistan Secures Over $12 Billion Foreign Loans In 11 Months Of FY26 The company also shared its long term vision of positioning Pakistan as a regional hub for electric vehicle manufacturing and exports. Mega Motor Company said Pakistan occupies a strategic position in BYD’s global expansion plans and o…

FM Aurangzeb welcomes BYD's Pakistan foray as sign of pro-business ... By Staff Reporter ISLAMABAD: Finance Minister Muhammad Aurangzeb on Saturday hailed the launch of BYD, the world’s leading new electric vehicle manufacturer, in Pakistan as a testament to the government’s commitment to creating an environment conducive to economic growth led by the private sector. “We believe that private sector investment, export-led development, and foreign direct investment are key drivers of economic growth,” Aurangzeb said, welcoming the investment by BYD, which plans to open a car production plant in Pakistan by 2026. The Chinese electric vehicle giant has partnered with Mega Motor Co., a unit of Hub Power Co Ltd (Hubco), to sell three models in Pakistan, including two SUVs – the BYD Tang and BYD Song – and a sedan, the BYD Han. Hubco will set up fast-charging stations across major cities, motorways, and highways to enhance the country’s charging infrastructure, which is currently lacking. Aurangzeb emphasized the government’s focus on macroeconomic stability, structural reforms, and international trade to attract investors and drive regional economic growth. “The recent investment by BYD…

Govt reaffirms support for electric vehicle manufacturing, localization Govt reaffirms support for electric vehicle manufacturing, localization ISLAMABAD, Jun 18 (APP):Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Thursday reaffirmed the government's support for electric vehicle manufacturing, localization and sustainable transportation to promote Pakistan as a regional hub for new energy vehicles. He stated this while talking to a delegation of BYD Group and Mega Motor Company (MMC) led by BYD Group Vice President Liu Xueliang and MMC CEO Aly Khan. Speaking on the occasion, … ISLAMABAD, Jun 18 (APP):Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Thursday reaffirmed the government’s support for electric vehicle manufacturing, localization and sustainable transportation to promote Pakistan as a regional hub for new energy vehicles. He stated this while talking to a delegation of BYD Group and Mega Motor Company (MMC) led by BYD Group Vice President Liu Xueliang and MMC CEO Aly Khan. Speaking on the occasion, the finance minister appreciated BYD’s expanding presence in Pakistan and said the BYD-MMC joint venture would support indust…

Pak-China joint ventures to boost industry: Aurangzeb Minister for Finance Senator Muhammad Aurangzeb has appreciated Chinese multinational manufacturing company BYD's growing footprint in Pakistan. He was talking to a delegation of BYD Group and Mega Motor Company (MMC) in Islamabad today. The Minister underscored the importance of strengthening business-to-business collaboration as a key pillar of the evolving Pakistan-China economic partnership. Welcoming the delegation, he noted that Pakistan attaches high priority to attracting technology-driven investments. The Finance Minister expressed the confidence that the BYD-MMC joint venture would contribute significantly to industrial development, technology transfer, job creation and export growth. Reaffirming the Government's support for the EV sector, he  encouraged the delegation to accelerate efforts towards local assembly, manufacturing and charging infrastructure development, noting that the availability of a robust charging network would be critical to expediting the adoption of electric vehicles across the country. Muhammad Aurangzeb also highlighted the significant contribution of Chinese enterprises to Pakistan's in…

BYD Electric Vehicles Arrive in Pakistan, Marking Milestone for Green ... Home Auto Industry Auto Industry BYD China Business BYD Electric Vehicles Arrive in Pakistan, Marking Milestone for Green Transportation By WebDesk February 12, 2025 0 154 Facebook Twitter Pinterest WhatsApp Linkedin Email Copy URL First commercial shipment of BYD electric vehicles at Karachi Port Trust (KPT) Pakistan’s automotive sector has reached a turning point with the arrival of the first commercial shipment of BYD electric vehicles at Karachi Port Trust (KPT). The vehicles were processed at the Karachi International Container Terminal (KICT), a private facility within KPT, signaling a significant step towards cleaner transportation alternatives in the country. This shipment marks a key milestone in the adoption of electric vehicles in Pakistan. Chinese Car Brands Surge in UK Market: BYD, MG, Omoda, Ora Gain Popularity Amid Privacy Concerns The introduction of BYD EVs follows the official entry of the Chinese automaker into the Pakistani market in August 2024. The launch event in Lahore, attended by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, highlighted the importance of BYD’s…