BYD to enter Pakistan's passenger vehicle market in collaboration with Mega Conglomerate

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By MG News | Category Economy | April 03, 2024 at 12:45 PM GMT+05:00

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April 03, 2024 (MLN): BYD (Build Your Dreams), the world’s top New Energy Vehicle (NEV) manufacturer, has announced that it will enter the passenger vehicle market in Pakistan in cooperation with the local partner Mega Conglomerate Pvt. Ltd. (Mega).

It signifies another milestone for BYD, representing its entry into one of South Asia’s largest markets, as the brand continues to bring innovative and accessible eco-friendly solutions to global consumers.

The signing ceremony took place during the BYD Asia Pacific Dealer Conference event in Xi’an, China, in the presence of Liu Xueliang, General Manager of BYD Asia Pacific Auto Sales Division; Zhang Jie, Vice General Manager of BYD Asia Pacific Auto Sales Division and Aly Khan, Executive Director of Mega.

Liu Xueliang, General Manager of BYD Asia Pacific Auto Sales Division said: “In 2023, BYD’s annual sales of New Energy Vehicle (BEV+PHEV) exceeded 3 million units, underlining its position as the global leader and champion of new energy vehicle sales for the second year in a row.”

He further said that as an important part of BYD’s global vision of cooling the earth by 1 degree, the partnership with Mega in Pakistan exemplifies its shared vision for a cleaner, greener future.

Together with Mega, BYD is poised to introduce innovative new energy vehicle solutions that will not only provide the most accessible green products to the local customers but also accelerate the electrification of Pakistan’s automotive industry.

Commenting on the momentous occasion, Aly Khan, Executive Director of Mega, stated: “As one of Pakistan’s largest conglomerates, we are thrilled to embark on this transformative journey with BYD”

“By combining our strengths and resources, we aim to catalyze the widespread adoption of EVs in Pakistan, driving positive change and ushering in a new era of sustainable mobility,” he added.

Aly Khan also stated that we will move aggressively for EV adoption in the country.

With the significant opening of the first three BYD flagship showrooms in Karachi, Lahore, and Islamabad in 2024, the aim is to provide customers with the opportunity to experience BYD’s world-leading new energy vehicle technology.

Copyright Mettis Link News

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