JUST IN
Edible oil makers get additional 6 months to remove packing temp details
CPP Investments anchors new IndoSpace fund with $205 mn investment
Adani Group CFO says stocks rout similar to colonial-era massacre
Dutch electronics giant Philips to cut 6,000 jobs worldwide over next 2 yrs
Air India to use new program for real-time reporting of in-flight incidents
Coworking firm Smartworks forays into Ahmedabad with 56k sq ft office space
India's Laurus Labs posts 32% profit jump on demand for drug ingredients
RE company SolarArise sells portfolio to LSE-listed investment trust
Most customers don't trust organisations over their data use in AI
Tata Power ties up with Contour for digital trade finance network
You are here: Home » Companies » News
As market capitalisation takes a beating, Adani group slips to No. 3
icon-arrow-left
Centre notifies GACs to look into complaints against social media firms
Business Standard

BYD India bullish on evolution of passenger electric vehicles market

BYD India has an assembling plant in Chennai

Topics
Electric Vehicles | Automobile | automobile manufacturer

Press Trust of India 

Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicles of BYD India With BYD Atto 3
Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicles of BYD India With BYD Atto 3

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!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

Read our full coverage on Electric Vehicles

First Published: Sat, January 28 2023. 00:08 IST

`
RECOMMENDED FOR YOU
.