China s BYD Co proposes a USD 1 billion investment to manufacture electric vehicles and batteries in India. They aim to form a joint venture with Megha Engineering and Infrastructures, planning to produce a complete range of BYD-brand EVs, from hatchbacks to luxury models
The BYD Seagull plans to conquer the Chinese market by undercutting rivals from Volkswagen, Toyota and Tesla, which can hardly compete with the new EV on price.
BYD, the world’s leading manufacturer of new energy vehicles (NEV), today released the BYD DiSus Intelligent Body Control System (DiSus System) through its technology launch event held in its headquarters at Shenzhen.