BYD, Electric Vehicle Manufacturer, Plans to Invest $1 Billion in India for Electric Cars and Batteries
China’s BYD has submitted a $1 billion (nearly Rs. 8,200 crore) investment proposal to establish a joint venture for electric cars and batteries in India. The proposal was made in partnership with Hyderabad-based Megha Engineering and Infrastructures. The plan includes the production of a full range of BYD-brand electric cars in India, from hatchbacks to …
