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Setback for Chinese Automobile Company's $1 bn investment! Modi Government Turns Down BYD's Partnership for EV Plant Due to this REASON - Vimarsana News

Setback for Chinese Automobile Company's $1 bn investment! Modi Government Turns Down BYD's Partnership for EV Plant Due to this REASON

Recently, BYD (Build Your Dreams), one of the world's largest electric vehicle (EV) manufacturers, proposed a substantial $1 billion investment to establish an EV and battery manufacturing plant in India, according to The Times Of India report. The collaboration was intended to be with Hyderabad-based Megha Engineering and Infrastructures Ltd., Companies News, Times Now