A delayed launch of a $150m BYD plant in Sindh has been pushed back from the first half of FY26 to the second half of 2026. According to Hub Power Company Ltd, the plant will have an initial production capacity of 25,000 units per year, scalable to 50,000 units. The delay is the latest setback for the project, which was originally scheduled to start operations in the first half of FY26. The total project investment is $150 million, with $90m being project financing.
Written by the local model on 2026-09-06,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
The launch of a $150m BYD plant in Sindh, Pakistan has been delayed again. The plant, which was supposed to become operational in the first half of FY26, is now expected to start production in the second half of 2026. According to a note from Topline Securities, the plant will have a production capacity of 25,000 units per year, with plans to scale up to 50,000 units. The delay has already passed its two-month mark, and Mega Motor Company (Pvt) Ltd, the joint venture partner with BYD, remains silent on the reasons for the delay. Hub Power Company Ltd, which has a 50% stake in the project, informed analysts of the revised timeline this week.
Written for “BYD Plant Delayed Again” on 2026-09-07,
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No political leaning scored for article 5354 · logged 2026-09-06
The assembly plant of BYD in Gharo, Sindh, which was scheduled to become operational in the first half of FY26, has missed the deadline.
asserted
which → schedule → deadline
According to a note from Topline Securities, Hub Power Company Ltd (Hubco) informed analysts this week that it plans to bring the BYD assembly plant online in the second half of 2026, with a production capacity of 25,000 units per year, scalable to 50,000 units.
uncertain
it → accord → units
However, two months have already passed.
asserted
months → pass → ?
On Feb 28, 2025, Hubco informed analysts that Mega Motor Company (Pvt) Ltd (MMCPL) was setting up an auto assembly plant in Sindh, to become operational in 1HFY26, along with four flagship and three service dealerships across Pakistan’s three major cities.
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Hubco → inform → cities
Hubco has a 50 per cent stake in the project.
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Hubco → have → project
In June 2024, Hub Power, through its wholly owned subsidiary HPHL and its associated company MMCPL, entered into a new electric vehicle business in Pakistan with BYD Auto Industry Company.
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Power → own → Company
Mega Motor silent on assembly delay reasons
MMCPL did not respond to the Dawn queries sent via its PR company regarding the reasons for the delay to local vehicle assembly, the current status of the assembly plant, the localization plan, the total import of BYD vehicles prior to the start of local assembly, and the target for vehicle assembly in the first year of operation.
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MMCPL → respond → operation
The brokerage house said that Hubco management stated that the total project investment is $150 million, of which $90m is project financing.
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m → say → which
The company is targeting a 30pc share of the combined EV/PHEV segment by 2030.
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company → target → 2030
In parallel, Hubco is expanding its EV charging infrastructure through Hubco Green.
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Hubco → expand → Green
24 DC fast-charging sites are currently operational, with chargers installed every 200km along the Karachi-Peshawar motorway network.
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chargers → charge → network
The company plans to reduce this spacing to 100km.
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company → plan → km
Chery Q launch
Chery Master Pakistan (CMP) on Saturday said it will launch the all-electric Chery Q at the Pakistan Auto Show (PAPS) on Sept 18 as electric vehicles continue to gain ground in the country’s automobile market.
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vehicles → say → market
According to figures shared by the company, the new energy vehicle (NEV) segment grew by 392pc in FY26 and now accounts for around 15pc of the overall automobile market.
The company is also seeking to tap into Pakistan’s rapidly expanding rooftop solar market by positioning electric mobility as a way for households to put surplus solar generation to more productive use.
uncertain
households → accord → use
CMP said a conventional petrol vehicle driven around 20,000 kilometres annually could consume approximately Rs488,000 worth of fuel.
uncertain
vehicle → say → fuel
In a real-world usage calculation based on efficiency of around 7.2 km per unit, the annual energy cost of operating the Chery Q could fall to approximately Rs30,000 for households able to utilise surplus solar power for charging.
uncertain
cost → base → charging
The economics could become increasingly relevant as rooftop solar penetration rises across Pakistan.
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penetration → become → Pakistan
