<ul><li>The Indian government has not approved BYD's proposed $1 billion investment in the country due to security and investment concerns.</li><li>Officials raised red flags over Chinese control of key auto tech infrastructure amid ongoing tensions between the two nations.</li><li>In contrast, India has signalled a green light to Tesla, with policy shifts designed to attract the EV giant to set up shop domestically.</li><li>India's aim is to increase the share of electric vehicles in total vehicle sales to 30% by 2030 and collaborations with global leaders like Tesla are seen as pivotal in achieving this target.</li></ul>

“As of Now, It is a No to BYD”: Union Minister Piyush Goyal Restricts Market Access to the Chinese EV Giant

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