BYD introduces hybrid pickup truck model, the Shark, in Pakistan market.
BYD Launches Shark Hybrid Pickup Truck in Pakistan, Plans for First Local EV Assembly by Mid-2026
Chinese new energy vehicle manufacturer BYD has made its entry into Pakistan's automotive market with the launch of the Shark hybrid pickup truck. The report about the factory in Pakistan was published by Reuters on July 24, 2024.
The factory, located in Karachi, will initially operate on a double-shift work schedule. BYD's partnership with Mega Motor Company (a HUBCO subsidiary) will see the production of 25,000 units per year at the facility.
The launch of the Shark pickup truck in Pakistan follows the company's entry into the market in August 2024. BYD had previously launched three models in Pakistan: the all-electric Atto 3, the Seal EV, and the hybrid Sealion 6.
The Shark is equipped with BYD's DMO technology, where "O" stands for off-road and "DM" stands for dual mode. The vehicle has already been brought to several countries, including Brazil, Cambodia, Australia, and Peru.
The Shark model is locally named the BYD Shark 6 in Pakistan. The starting price of the BYD Shark in Pakistan is 19,950,000 Pakistani Rupees ($70,420), and it is available in a single Premium variant.
The launch of the Shark reflects BYD's commitment to enabling global green mobility with Chinese products. Liu Xue Liang, general manager of BYD's Asia-Pacific automotive sales division, stated that the launch is part of the company's efforts to promote sustainable transportation solutions.
BYD plans to launch its first electric vehicle assembled in Pakistan by mid-2026. The expected sales growth in 2025 for electric vehicles and plug-in hybrids in Pakistan is 3 to 4 times compared to 2024, aligning with the company's plans for the local assembly of electric vehicles.
Danish Khaliq, BYD Pakistan's vice president of sales and strategy, provided information about the factory and production plans. He stated that the factory is designed to produce both hybrid and electric vehicles, and that the company is committed to investing in the Pakistani market.
The Shark's entry into Pakistan's new energy pickup truck market is expected to boost the demand for electric and hybrid vehicles in the country. The growing demand for electric vehicles and plug-in hybrids in Pakistan presents a significant opportunity for BYD to expand its presence in the market.
In conclusion, BYD's launch of the Shark pickup truck in Pakistan marks the beginning of the company's efforts to promote sustainable transportation solutions in the country. The company plans to launch its first electric vehicle assembled in Pakistan by mid-2026, with an assembly facility in Karachi gearing for significant production volume from that time onward.
- BYD, a Chinese new energy vehicle manufacturer, is set to increase its presence in Pakistan's automotive market with the launch of the Shark hybrid pickup truck.
- The factory in Karachi, where the Shark will be produced, is anticipated to initially function on a double-shift system, and in partnership with Mega Motor Company, aim to generate 25,000 units per year.
- The introduction of the Shark in Pakistan follows BYD's initial entry into the market with three other models: the all-electric Atto 3, the Seal EV, and the hybrid Sealion 6.
- Equipped with BYD's DMO technology, the Shark offers off-road capabilities and has already been distributed in several countries such as Brazil, Cambodia, Australia, and Peru.
- The Shark is locally referred to as the BYD Shark 6 in Pakistan, with a starting price of 19,950,000 Pakistani Rupees ($70,420) and available in a single Premium variant.
- By launching the Shark, BYD demonstrates its pledge to global green mobility and sustainable transportation solutions, in line with the company's Asia-Pacific division manager's statements.
- BYD aims to launch its first locally assembled electric vehicle in Pakistan by mid-2026, mirroring the predicted triple to quadruple growth in electric vehicles and plug-in hybrid sales in Pakistan for 2025.
- The Shark's entry into Pakistan's new energy pickup truck market could stimulate increased demand for electric and hybrid vehicles, offering a notable opportunity for BYD to further solidify its market presence.
