Wednesday, November 04 2026

HUBCO to commence local BYD vehicle production next month: report
Hub Power Company (HUBCO) plans to commence local production of Chinese auto giant’s BYD vehicles in December 2026, with the Sealion 6 plug-in hybrid electric vehicle (PHEV) set to become its first locally assembled model in Pakistan, HUBCO’s management said during an analyst briefing session on Tuesday. Arif Habib Limited (AHL), which attended the meeting, said in its report that the company’s electric mobility business continues to gain traction, with cumulative BYD sales exceeding 10,000 units and 1QFY27 profit of approximately Rs1.5 billion, of which HUBC’s share stood at Rs780 million.
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