Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicles of BYD India With BYD Atto 3
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
BYD India Bullish On Evolution Of Passenger Electric Vehicles Market
BYD India has an assembling plant in Chennai
Topics
Electric Vehicles | Automobile | automobile manufacturer
BYD India, a subsidiary of Chinese vehicle manufacturer BYD is bullish on the evolution of the passenger electric vehicles (EV) market in the country and will come out with another model this year.
Sanjay Gopalakrishnan, senior vice-president of the passenger EV business of BYD India, said the company has sold 700 EV cars of a single model in 2022 and expects to sell 15,000 units of three models in the current calendar year.
The company currently has two models - an SUV and a MUV. The third model will be launched in the sedan segment in October this year, he said. BYD, the Shenzen-headquartered Chinese conglomerate, is a leading manufacturer of electric vehicles. BYD India has an assembling plant in Chennai.
Gopalakrishnan said the BYD cars are brought in semi-knocked-down condition to India and then assembled at the Chennai plant.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Sat, January 28 2023. 00:08 IST
RECENT NEWS
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more
Coutts Sets Scope On New Continent
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more