BYD proposes $1 billion plan to build EVs, batteries in India

A BYD Atto 3 electric vehicle displayed at the India Auto Expo in Noida, Uttar Pradesh, India, on Jan. 13, 2023. (BLOOMBERG)

By:

Reuters

July 14, 2023 01:13 PM

NEW DELHI — China's BYD Co. has submitted a $1 billion investment proposal to build electric vehicles and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters.

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