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BYD’s BIG Plan – Will India Get More Affordable EVs?

  • Chinese automaker BYD is planning to set up a production facility in Hyderabad, India, with an investment of $10 billion.
  • The upcoming manufacturing plant will have a production capacity of 600,000 vehicles by 2032 and a battery production facility with a capacity of 20GWh.
  • BYD aims to achieve competitive pricing with its EV manufacturing plant, giving tough competition to Tesla, which will be importing EVs into India.
  • BYD's electric vehicles are known for advanced technology, fast charging, high performance, and affordability in the premium segment.

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