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Exclusive-BYD proposes $1 billion India plan to build EVs, batteries - sources China's BYD Co has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to Indian regulators to form an EV joint venture, the people said, asking not to be named because the application is private. The longer-term plan is to build a full line-up of B...
Exclusive-BYD proposes $1 billion India plan to build EVs, batteries - sources
Exclusive-BYD proposes $1 billion India plan to build EVs, batteries - sources
Source: Reuters
14/07/2023 6:56:28 PM
Exclusive-BYD proposes $1 billion India plan to build EVs, batteries China's BYD Co has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to Indian regulators to form an EV joint venture, the people said, asking not to be named because the application is private. The longer-term plan is to build a full line-up of B...
Exclusive-BYD proposes $1 billion India plan to build EVs, batteries
Exclusive-BYD proposes $1 billion India plan to build EVs, batteries
Source: Reuters
14/07/2023 12:49:14 PM
BYD sets new sales record in China in June, sells 2.5 lakh units China’s BYD sold more than 2.5 lakh electric vehicles in June in China, beating its own record, as the EV market in China stablises, the media reported on Monday. Backed by Warren Buffett’s Berkshire Hathaway, BYD delivered 253,046 cars last month, a 5.3 per cent increase over the 239,092 cars delivered in May, it said in a filing to the Hong Kong stock exchange, reports the South China Morning Post. BYD delivered 1.26 million vehicles to customers in the first quarter of 20...
BYD sets new sales record in China in June, sells 2.5 lakh units
BYD sets new sales record in China in June, sells 2.5 lakh units
Source: IANS
4/07/2023 2:32:40 PM
BYD launches EV Atto 3 SUV Pure play electric vehicle (EV) player BYD India Private Ltd on Tuesday launched its premium sport utility vehicle (SUV) Atto 3. The company is a wholly-owned subsidiary of BYD, China - one of the largest EV players in the world. "With proven and innovative technology, we are on track towards building a stronger ecosystem that facilitates EV adoption in our country. The launch of BYD-Atto 3 is a step towards this mission. We will constantly contribute to building a greener future,&...
BYD launches EV Atto 3 SUV
BYD launches EV Atto 3 SUV
Source: IANS
11/10/2022 5:16:59 PM
Buffett-backed Chinese EV maker BYD profit up 162% in 2020 BEIJING - Chinese electric vehicle maker BYD Co Ltd,, which is backed by billionaire Warren Buffett, on Monday reported a 162% growth in 2020 net profit as it became a major mask maker amid the COVID-19 pandemic. BYD reported 4.23 billion yuan ($643.75 million) net profit in 2020, up from 1.61 billion yuan in 2019. That compared with a 4.6 billion yuan net profit estimated by 22 analysts, according to Refinitiv data. BYD, which started making masks early last year, shortly after the COV...
Buffett-backed Chinese EV maker BYD profit up 162% in 2020
Buffett-backed Chinese EV maker BYD profit up 162% in 2020
Source: Reuters
30/03/2021 9:42:33 AM