BYD Refutes Claim of Investing RMB10B to Build Factory in India

by Grace 01/04/2025

written by Grace 01/04/2025

BYD Company (01211.HK) has responded to rumors that it plans to invest RMB10 billion in building an electric vehicle factory in Hyderabad, the capital of Telangana, India.

The company issued a statement via its online reporting center, denying the claims. BYD confirmed that the reports about its investment in an Indian factory are false

Grace

Grace is a seasoned automotive professional with over a decade of experience in the industry,and contributing writer for ourautoworld.com. Passionate about cars from a young age, she has worked with top automotive brands and media outlets. Based in Los Angeles, Grace combines her expertise in car reviews and industry trends with a keen eye for design and performance.

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BYD Refutes Claim of Investing RMB10B to Build Factory in India

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