Karachi, October 7, 2025 – Hub Power Company Limited (HUBCO), the largest independent power producer in Pakistan, has announced that local assembly of BYD electric vehicles will begin in the second half of 2026.
The decision follows an overwhelming market response to BYD’s Atto 3 model, which has exceeded initial sales expectations.
According to Topline Securities, HUBCO management revealed that BYD has quickly become the largest EV brand in Pakistan, with growing consumer demand reflecting a shift toward cleaner, sustainable mobility. The company also unveiled ambitious plans to establish Pakistan’s first and largest electric vehicle charging network, extending from Karachi to Peshawar.
HUBCO added that two international financing partners have already joined the project, ensuring a strong foundation for the upcoming EV venture. While export of right-hand drive vehicles could be explored in the future, the company emphasized that its current focus is on building local production capacity to meet domestic demand.
Beyond the automotive sector, HUBCO is evaluating new industrial ventures at its 1,100-acre base plant in Hub. Among the proposed projects is an aluminium smelter—an initiative that could utilize the company’s existing energy capacity while supporting Pakistan’s industrial growth.
Additionally, HUBCO is studying the development of a Single Point Mooring (SPM) facility on the Hub coast to handle petroleum imports for Pakistan State Oil (PSO). The project would leverage existing infrastructure, including the Asia Petroleum Pipeline, to enhance national energy logistics.