Byd China India Partner Jv Drop Usd 1 Billion Ev Investment Plan Byd

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China’s BYD Tells India JV Partner It Wants to Drop $1 Billion EV Investment Plan

ByNews Polite July 28, 2023

China’s BYD has told its India joint-venture partner it would shelve plans for a new $1-billion (roughly Rs. 8,225 crore) investment to build electric cars after its investment proposal faced scrutiny from New Delhi, two people with knowledge of the discussions said. BYD and its partner, privately held Megha Engineering and…

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