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Chinese firm BYD plans to cover 90% of EV market in India this year

By Economic Times - 4 months ago
BYD, a Chinese EV manufacturer, aims to dominate 90% of India's EV market by year-end, focusing on the Rs 30 lakh-plus segment. They launched the SEAL sedan and are seeking ARAI homologation for their Atto 3 SUV to lift import restrictions. Despite a setback with plans for a manufacturing plant, BYD plans to comply with regulations and expand based on market demand.

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