Plans to develop charging infrastructure and train Pakistani engineers and technicians
The Minister of Finance meets with BYD leaders. 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 in X.
The ministry said the delegation was led by Mr. Liu Xueliang of BYD Group and General Manager of BYD Automobile Sales Division Asia Pacific, and Mr. Aly Khan, Chief Executive Officer of Mega Motor Company (Private) Limited.
According to a statement released by the Ministry of Finance on
He said: “Pakistan places high priority on attracting technology-driven investments and expressed confidence that the BYD-MMC joint venture will contribute to industrial development, technology transfer, job creation and export growth.”
“Liu briefed the minister on BYD’s operations and plans in Pakistan, highlighting progress in introducing new energy vehicle technologies to the local market in partnership with MMC,” he added.
Finance Minister meets BYD leaders and reaffirms government support for electric vehicle manufacturing and localization in Pakistan
Federal Minister of 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 support of the Government of Pakistan in the development of the electric vehicle (EV) sector and informed the meeting that the construction of the company’s local manufacturing facility was progressing as planned and outlined 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 outlined a long-term vision to position the country as a regional hub for electric vehicle manufacturing and export.”
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 occupied a strategic position in BYD’s global expansion plans and reiterated the joint venture’s commitment to long-term investment in the country. He also briefed the meeting on the progress of the manufacturing project and outlined a phased localization roadmap aimed at increasing local content through engagement with domestic vendors and suppliers, the ministry added.
Aurangzeb said global trends point towards an accelerated transition towards electric mobility and reiterated the government’s commitment to facilitating investments that support technological advancement, sustainable industrialization and energy efficiency. He said Pakistan’s improved macroeconomic fundamentals and stronger external sector position had created a conducive environment for productive investment and industrial expansion.
The Finance Minister encouraged the delegation to accelerate efforts towards the development of local assembly, manufacturing and charging infrastructure, noting that a robust charging network would be instrumental in 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 will 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 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 the increasing adoption of solar energy in Pakistan and potential synergies between renewable energy and electric mobility.
Both sides reaffirmed their commitment to strengthening collaboration in electric mobility, local manufacturing, technology transfer, skill development and sustainable transportation, with the shared goal of positioning Pakistan as a leading regional destination for new energy vehicle production and innovation, the ministry concluded.
