Ev Maker Byd Plans Invest Use 1 Billion India Electric Cars Batteries Sources Byd

Tech

EV Maker BYD Said to Be Planning to Invest $1 Billion in India for Electric Cars, Batteries

ByNews Polite July 14, 2023

China’s BYD has submitted a $1 billion (nearly Rs. 8,200 crore) investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to…

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