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HUBCO denies BYD plant delay, targets end-2026 launch: report

Pakistan Published 20 October 2026, 13:51 · archived 20 Oct 2026

Hub Power Company (HUBCO) aims to bring its BYD vehicle assembly plant online by the end of 2026, targeting an initial sales run rate of 1,000 to 1,500 vehicles per month as production ramps up, management said in its annual general meeting. Arif Habib Limited (AHL), which attended the meeting, said in its report that the company plans to introduce additional BYD models in phases. “Management intends to introduce additional BYD models through a phased approach, targeting price segments and vehicle categories with the highest sales potential. It does not intend to launch models indiscriminately...

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