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.
Ather’s Bossman Tarun Mehta Takes A Candid Dig At Bajaj Chetak
Sutanu Guha 9 Jun, 2025, 6:25 AM IST
All Cars & SUVs Launching In India By End Of 2025: Next Big Launches
Pratik Rakshit 8 Jun, 2025, 11:53 AM IST
Tata Motors Introduces Factory-Fitted AC Cabins Across Full Truck Lineup
Pratik Rakshit 8 Jun, 2025, 10:44 AM IST
Toyota Fortuner Sees Another Price Hike Across Key Variants
Pratik Rakshit 8 Jun, 2025, 8:48 AM IST
Rare Earths Are the New Oil: Can India Build Its Own Supply Chain?
Pratik Rakshit 8 Jun, 2025, 8:06 AM IST
Looking for a new car?
We promise the best car deals and earliest delivery!