Friday, October 11, 2024

BYD Pakistan Predicts 50% of Vehicles in Pakistan Will Be Electric by 2030

BYD Pakistan, a collaboration between China’s BYD and Mega Motors, has predicted that by the year 2030, as much as 50% of all vehicle sales in Pakistan could be electric vehicles (EVs).

The company officially entered the Pakistani market just last month, and they are planning to launch their range of EVs later this year. In addition to this, BYD Pakistan is also looking to establish its own vehicle assembly plant, which is expected to be operational by early 2026.

While this goal of having half of the auto sales being electric is exciting, it comes with certain challenges. One of the biggest hurdles is the lack of sufficient infrastructure to support such a large number of electric vehicles.

To address this issue, BYD Pakistan is actively collaborating with oil companies to set up between 20 and 30 EV charging stations across the country. By ensuring there are enough charging stations, the company hopes to make it easier for people to adopt electric vehicles.

Additionally, BYD Pakistan plans to focus on assembling vehicles locally. This strategy will help them avoid the high import duties that typically come with bringing in vehicles from abroad, making their cars more affordable for the local market.

Though achieving 50% EV sales by 2030 is a bold goal, BYD Pakistan is working hard to overcome these challenges and play a key role in the country’s transition to cleaner, more sustainable transportation options.

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