Projects to develop charging infrastructure and train Pakistani engineers and technicians
The Minister of Finance meets BYD executives. Photo:X
Finance Minister Muhammad Aurangzeb on Thursday met a delegation from BYD Group and Mega Motor Company (MMC) and reaffirmed the government’s support for the manufacturing and localization of electric vehicles in the country, the Finance Ministry wrote on X.
The ministry said the delegation was led by Mr. Liu Xueliang of BYD Group and General Manager of BYD’s Automotive Sales Division for the Asia-Pacific region, and Mr. Aly Khan, General Manager of Mega Motor Company (Private) Limited.
According to a statement issued by the Ministry of Finance on
He said, “Pakistan attaches high priority to attracting technology-led investments and expressed confidence that the BYD-MMC joint venture would contribute to industrial development, technology transfer, job creation and export growth.”
“Liu briefed the minister on BYD’s operations and projects in Pakistan, highlighting the progress made in introducing new energy vehicle technologies to the local market in partnership with MMC,” the statement added.
Finance Minister meets BYD executives, reaffirms government support for manufacturing and localization of electric vehicles in Pakistan
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met a delegation from BYD Group and Mega Motor Company (MMC) led by Mr. Liu… pic.twitter.com/XdEfgeJzHC
– Ministry of Finance, Government of Pakistan (@Financegovpk) June 18, 2026
He appreciated the Government of Pakistan’s support for the development of the electric vehicle (EV) sector and informed the participants that the construction of the company’s local manufacturing plant was progressing as planned and outlined its plans to expand its product portfolio, accelerate localization, introduce advanced charging technologies and contribute to Pakistan’s electric vehicle ecosystem through investment, technology transfer and capacity building, the statement added.
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The delegation said: “Pakistan had growing potential as a market for new energy vehicles and presented a long-term vision to position the country as a regional hub for manufacturing and exports of electric vehicles.”
He also highlighted plans to develop charging infrastructure with local partners and train Pakistani engineers and technicians to support future growth of the sector.
Aly Khan told the minister that Pakistan was strategically positioned in BYD’s global expansion plans and reiterated the joint venture’s commitment to long-term investments in the country. He also briefed the meeting on the progress of the manufacturing project and presented a phased localization roadmap aimed at increasing local content through engagement with domestic sellers and suppliers, the ministry added.
Aurangzeb said global trends point to an accelerated transition to electric mobility and reiterated the government’s commitment to facilitating investments that support technological progress, sustainable industrialization and energy efficiency. He said Pakistan’s improving macroeconomic fundamentals and stronger external sector position had created an enabling environment for productive investment and industrial expansion.
The Finance Minister encouraged the delegation to accelerate efforts towards local development of assembly, manufacturing and charging infrastructure, noting that a robust charging network would be key to accelerating the adoption of electric vehicles across the country.
He also highlighted the contribution of Chinese companies to Pakistan’s industrial development and expressed confidence that the BYD-MMC partnership would further deepen economic cooperation between Pakistan and China.
The meeting also included discussions on the future role of electric vehicles and plug-in hybrid electric vehicles (PHEV) in Pakistan.
The BYD delegation shared its international experience on the evolution of electric vehicle markets and highlighted the complementary role of PHEVs during the transition phase, particularly in markets where charging infrastructure is still developing.
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Participants also discussed opportunities arising from Pakistan’s growing adoption of solar energy and potential synergies between renewable energy and electric mobility.
Both sides reaffirmed their commitment to strengthen collaboration in the areas of electric mobility, local manufacturing, technology transfer, skills development and sustainable transportation, with the common objective of positioning Pakistan as a leading regional destination for new energy vehicle production and innovation, the ministry concluded.
