BYD's planned ₹85,000 crore investment is one of the largest foreign direct investments in India's EV sector.
Share Post
BYD's planned ₹85,000 crore investment is one of the largest foreign direct investments in India's EV sector.
Chinese electric vehicle (EV) giant BYD is set to make a substantial investment of ₹85,000 crore ($10 billion) to establish a major manufacturing facility in Hyderabad, Telangana, according to recent reports. This move signals a significant expansion of BYD's presence in the burgeoning Indian EV market.
This development aligns with India's broader push towards electric mobility and its goal of reducing reliance on fossil fuels. BYD's move is expected to intensify competition in the Indian EV market, potentially leading to more affordable electric vehicles for consumers.
Volvo Cars Appoints HCLTech to Provide Engineering Services
Jamshed Avari 12 Jun, 2025, 2:25 PM IST
Cars That Talk to Traffic Lights? Discover How It’s Happening, and Why
Tushaar Singh Gill 12 Jun, 2025, 12:39 PM IST
Apple Creates F1 Haptic Trailer For iPhones
Krishna SinhaChaudhury 12 Jun, 2025, 11:43 AM IST
EXCLUSIVE: Tata Sierra Spotted Testing In India Again
Satvik Khare 12 Jun, 2025, 11:42 AM IST
2025 Jeep Grand Cherokee Signature Edition Launched in India at ₹69.04 Lakh
Pratik Rakshit 12 Jun, 2025, 10:16 AM IST
Looking for a new car?
We promise the best car deals and earliest delivery!