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BYD to rely on imports initially, Hubco says
<p>KARACHI: Hub Power Company (Hubco) has said that BYD vehicle production will initially rely entirely on imported raw materials and components, with localisation increasing gradually over time.</p> <p>The long-term objective is to localise up to 80 per cent of the vehicle, which should improve cost competitiveness and reduce reliance on imports, Hubco mana