A couple of days after India blocked Chinese automaker BYD’s $1 billion bid to set up an electric vehicle (EV) factory in the country, Beijing’s top diplomat has urged New Delhi to rethink the decision, adding that the two countries were not ‘threats’ to each other. Wang Yi, whose position …
Read More »India trashes Chinese EV maker BYD’s proposal to set up $1 billion plant
The Narendra Modi government has trashed Chinese automaker BYD’s proposal to set up a $1 billion manufacturing plant in India, reported Economic Times on Saturday. The Chinese EV giant had earlier submitted a proposal to build EVs as well as electric batteries in India in partnership with an Indian EV …
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