AnewZ Morning Brief - 10 December, 2025
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 10th of December, covering the latest developments you need to...
Chinese electric vehicle giant BYD is set to begin local assembly operations in Pakistan by mid-2026, marking a significant step in the country’s transition toward electric mobility.
The assembly plant, currently under construction near Port Qasim in Karachi, is expected to become operational by July or August 2026. This development is the result of a joint venture between BYD and Mega Motor Company, a subsidiary of Hub Power Company (HUBCO), one of Pakistan’s leading energy firms.
The facility will start by assembling semi-knocked-down (SKD) kits imported from China, gradually increasing its localization levels over time. The initial production capacity is estimated at around 25,000 units annually, operating on a double-shift basis. BYD aims to introduce both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), with a particular focus on models suitable for Pakistan’s infrastructure and market conditions.
BYD has already begun importing and selling fully built electric vehicles in Pakistan, with encouraging early demand in major urban centers like Karachi, Lahore, and Islamabad. The company is targeting a 30–35% share in the country’s nascent EV and hybrid market, which is expected to grow rapidly in the next few years. Pakistan saw sales of just over 1,000 EVs in 2024, but the number is projected to rise significantly as government incentives and consumer interest increase.
This investment aligns with Pakistan’s National Electric Vehicle Policy, which envisions 30% of all new vehicle sales to be electric by 2030. To support this transition, the government has introduced reduced customs duties on EVs and is encouraging the development of charging infrastructure. In response, BYD and its local partners are also planning to set up a network of charging stations in key cities and along major highways.
The move into Pakistan also forms part of BYD’s broader global strategy to expand its manufacturing and sales presence beyond China. The company has recently launched or announced new operations in Brazil, Hungary, Turkey, Thailand, and Mexico. The Karachi facility is BYD’s first major investment in South Asia and could potentially serve as a base for exports to nearby right-hand-drive markets like Sri Lanka, Bangladesh, and even parts of Africa.
While the outlook is promising, BYD will face several challenges, including building out the local supply chain, ensuring consistent power supply for its facility, and educating consumers unfamiliar with EV technologies. Nonetheless, with local demand growing and strong policy support, Pakistan could become one of BYD’s key emerging markets in the region.
Authorities in Japan lifted all tsunami warnings on Tuesday following a strong 7.5-magnitude earthquake that struck off the northeastern coast late on Monday, injuring at least 30 people and forcing around 90,000 residents to evacuate their homes.
Pressure is mounting between Venezuela and the United States as both nations emphasise military preparedness and strategic positioning.
A group of demonstrators gathered outside the Norwegian Nobel Institute to protest the awarding of this year’s Nobel Peace Prize.
Tehran has protested to Washington because of the travel ban on its football team delegation as well as Iranian fans who would like to travel to the United States for the upcoming World Cup matches in 2026.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 10th of December, covering the latest developments you need to know.
The world’s leading minds and voices will be honoured as Nobel Prizes are presented in Stockholm and Oslo on Wednesday, 10 December — the anniversary of Alfred Nobel’s death. The day unites royal ceremony, academic prestige and global recognition of achievements that have advanced humanity.
The United Nations Security Council has issued warnings about the rapidly worsening humanitarian crisis in Ukraine, citing a sharp surge in civilian casualties amidst Russia's intensified aerial attacks, marking the deadliest period of the war in more than a year.
Ukrainian President Volodymyr Zelenskyy said on Tuesday he was prepared to hold elections within three months if the U.S. and Kyiv's other allies could ensure the security of the vote.
Fighting between Thailand and Cambodia extended into a third day on Wednesday as U.S. President Donald Trump said he would make a phone call to stop the conflict, after he had brokered a ceasefire in July to end a five-day battle between the Asian neighbours.
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