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Domestic infra major MEIL and BYD's joint venture proposed to set up an electric vehicle (EV) manufacturing plant in Telangana with a joint investment outlay of $1 billion (around Rs 8,200 crore). ....
News News: The Indian government rejected a $1bn investment proposal by Chinese electric vehicle manufacturer BYD and Hyderabad-based Megha Engineering and Infra ....
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 BYD-brand EVs in India from hatchbacks to luxury models, one of the three people said. ....
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 ....
With the support of Bajaj Finance, BYD is well-positioned to accelerate the adoption of EVs and contribute to a greener future for India and beyond, the company said. ....