KARACHI: Mega Motor Company, a subsidiary of Hub Power Company Ltd (Hubco), has signed a major partnership with BYD Auto Industry Company Ltd, the world’s leading manufacturer of new energy vehicles (NEVs).
In a statement on Thursday, Hubco announced that the agreement includes manufacturing, marketing, distribution, and sales of BYD’s passenger vehicles in Pakistan. The deal also involves technical licensing for BYD’s products.
With BYD’s cutting-edge technology and Mega Motor’s local expertise, this collaboration is expected to significantly advance Pakistan’s automotive industry, providing customers access to innovative vehicles from a global leader in automotive technology.