The planned $150 million BYD electric vehicle assembly plant in Gharo, Sindh, has been delayed once more. Hub Power Company (Hubco), which holds a 50 percent stake through its associated firm Mega Motor Company, recently told analysts the facility is now expected to start operations in the second half of 2026.
The plant was earlier targeted for the first half of the current fiscal year. That deadline has already passed without the plant going live. Two months into the revised timeline, clear public updates on progress remain limited. Mega Motor has not responded to questions about the reasons for the delay, the plant’s current construction status, localisation plans, or early production targets.
The project is a joint venture between Chinese EV maker BYD and Mega Motor. Total investment stands at about $150 million, with $90 million coming as project financing. Once running, the plant is designed to assemble 25,000 vehicles a year, with room to scale up to 50,000 units. Hubco and its partners also aim to capture roughly 30 percent of Pakistan’s combined electric and plug-in hybrid vehicle market by 2030.
Alongside the factory, the partners have been building supporting infrastructure. Hubco Green has already set up 19 public DC fast-charging stations along a corridor stretching from Karachi to Peshawar. Dealership and service networks are also part of the broader plan.
Local assembly is expected to help lower costs over time, improve supply reliability, and support job creation in the region. For now, however, customers continue to rely on imported vehicles while the Gharo plant works through its delayed launch schedule.