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BYD Auto goes past Tesla globally, but has low-key India presence

The Chinese auto group opened an office in India in 2007 both as an electric vehicle manufacturer with licensed technology for making electric buses and as a contract manufacturer for mobile devices

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According to the BYD website, the company has invested $150 million in two plants in India which it sees as a strategic hub in south Asia.

Surajeet Das Gupta New Delhi

4 min read Last Updated : Jul 13 2022 | 6:00 AM IST

Chinese company BYD Auto, backed by Warren Buffet’s Berkshire Hathaway, has blazed a trail by dethroning Tesla to become the largest electric vehicle maker in the globe in the first half of 2022 but its operations in India have always been rather low key.

The Chinese auto group opened an office in India in 2007 both as an electric vehicle manufacturer with licensed technology for making electric buses and as a contract manufacturer for mobile devices.

In 2016, BYD signed an MoU with B K Modi’s Smart group for a comprehensive technology partnership to make electric buses, electric taxis and electric cars

Topics : Automobile Tesla