{
  "id": 5910482,
  "title": "$150m BYD plant launch in Sindh delayed again",
  "url": "https://urgent.news/2026/09/06/150m-byd-plant-launch-in-sindh-delayed-again",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-06T04:50:45.000Z",
  "source": {
    "name": "Dawn Business",
    "slug": "dawn-business",
    "url": "https://www.dawn.com/news/2027775/150m-byd-plant-launch-in-sindh-delayed-again"
  },
  "original_language": "en",
  "account": "A $150 million BYD assembly plant in Gharo, Sindh, scheduled to commence operations in the first half of FY26, has experienced a significant setback. Hub Power Company Ltd (Hubco) informed analysts that the plant is now set to come online in the second half of 2026, with a production capacity of 25,000 units per year, which could be increased to 50,000 units. The project, a joint venture between Chinese electric vehicle giant BYD and Mega Motor, a subsidiary of Hub Power, has a total investment of $150 million, with $90 million allocated to project financing. Despite the delay, Hubco aims to secure a 30% share of the combined electric vehicle and hybrid electric vehicle segment by 2030. In parallel, Hubco is enhancing its electric vehicle charging infrastructure, currently boasting 24 operational DC fast-charging sites along the Karachi-Peshawar motorway network, with plans to reduce the spacing to 100km. The company is also exploring Pakistan's expanding rooftop solar market, aiming to utilize surplus solar generation more effectively through electric mobility.",
  "summary": "KARACHI: The assembly plant of BYD in Gharo, Sindh, which was scheduled to become operational in the first half of FY26, has missed the deadline. According to a note from Topline Securities, Hub Power Company Ltd (Hubco) informed analysts this week that it plans to bring the BYD assembly plant online in the second half of 2026, with a production capacity of 25,000 units per year, scalable to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Dawn",
        "title": "$150m BYD plant launch in Sindh delayed again",
        "url": "https://urgent.news/2026/09/06/150m-byd-plant-launch-in-sindh-delayed-again-5919760",
        "published": "2026-09-06T04:50:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}