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HUBCO eyes Dec 2026 for first local BYD Sealion 6 production

HUBCO management said CKD assembly of the Sealion 6 PHEV will start in December 2026 near Karachi, a step that will reshape the BYD Sealion 6 Pakistan price and supply picture after sales topped 10,000.

Zaviya Desk

· 3 min read

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Hub Power Company (HUBCO) plans to begin local complete knock-down (CKD) assembly of BYD vehicles in Pakistan from December 2026, with the Sealion 6 plug-in hybrid electric vehicle (PHEV)—a model that can draw on both battery power and petrol—as its first locally built car. That calendar is the main near-term signal for buyers watching the BYD Sealion 6 Pakistan price and when showroom stock may shift from fully imported units to locally assembled ones, HUBCO’s management told an analyst briefing on Tuesday.

Local CKD from December 2026

Management said growth in the electric-mobility business should strengthen once local CKD production starts, targeted for December 2026, and named the Sealion 6 PHEV as the first model to be assembled in the country. CKD means vehicles are put together in Pakistan from kits rather than arriving as finished imports.

The company is also assessing further models, especially in the higher-volume B and C passenger segments. In the timing discussed with analysts, the Sealion 6, B8 and B5 are expected around the end of calendar year 2026.

Karachi plant, capacity and sales so far

The plant near Karachi is a partnership between Chinese automaker BYD and Mega Motor Company (Private) Limited (MMC). MMC is responsible for manufacturing, marketing and distributing BYD-branded passenger electric vehicles in Pakistan. HUBCO is MMC’s parent and has also indicated interest in charging infrastructure as an extension of its power-plant footprint.

Initial capacity is set at 25,000 units a year on a double shift, with the ability to scale to 50,000 units a year. Cumulative BYD sales have already exceeded 10,000 units. In the first quarter of FY27, the electric-mobility business recorded profit of about Rs1.5 billion, of which HUBCO’s share was Rs780 million, according to figures relayed after the briefing by brokerage Arif Habib Limited, which attended the session.

For households comparing options, the BYD Sealion 6 Pakistan price will still depend on whatever official list HUBCO and MMC publish when locally assembled cars go on sale; the briefing centred on the production start, plant scale and model sequence rather than a sticker figure.

Partnership path since market entry

BYD entered Pakistan’s passenger vehicle market in March 2024. The Chinese maker worked with Mega Conglomerate Pvt. Ltd., later clarifying the link through Hub Power Holdings—a wholly owned HUBCO subsidiary—and associated company Mega Motor Company. Local assembly is the next industrial step after that market entry and the sales run recorded so far.

Timeline: what has happened so far

  • March 2024: BYD enters Pakistan’s passenger vehicle market with the Mega Conglomerate / Mega Motor Company partnership structure.
  • Sales and 1QFY27: Cumulative BYD sales exceed 10,000 units; e-mobility profit about Rs1.5 billion, HUBCO share Rs780 million.
  • December 2026 (target): Local CKD production to commence; Sealion 6 PHEV named as the first locally assembled model.
  • Around end-2026: Sealion 6, B8 and B5 expected in the model timing outlined by management.

Aasan alfaaz mein

HUBCO December 2026 se Pakistan mein BYD ki gaariyan locally assemble karna chahti hai. Pehli model Sealion 6 PHEV hogi, jo battery aur petrol dono se chal sakti hai. Factory Karachi ke qareeb hai aur shuru mein saal mein 25,000 gaariyan tak bana sakti hai. Local production se supply behtar ho sakti hai; buyers ko official showroom rate ka intezar karna chahiye.

Questions readers ask

FAQ

HUBCO management has targeted December 2026 for the start of local CKD production, with the Sealion 6 PHEV as the first assembled model.

#Hubco#BYD#Sealion 6 PHEV#Mega Motor Company#Karachi#CKD production#Arif Habib Limited
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