BYD has told its Indian joint venture partner that it will shelve plans to invest $1 billion in building electric vehicles after its investment proposal faced scrutiny from New Delhi, Reuters reported.
The post BYD reportedly wants to drop plans for $1 billion plant in India appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Indian officials raised security concerns about Chinese investment in India during deliberations, according to a report in the local Economic Times.
The post India rejects BYD's $1 billion plant proposal, report says appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD has submitted a $1 billion investment proposal to partner with a local company to produce EVs and batteries in India, according to Reuters.
The post BYD seeks approval to produce EVs and batteries in India, report says appeared first on CnEVPost.
For more articles, please visit CnEVPost.