ev

BYD Shifts to Import-Only Strategy for India After Investment Rejection

Chinese electric vehicle manufacturer BYD has decided to pursue an import-only strategy for the Indian market, following the rejection of its $1 billion investment proposal to establish a local manufacturing facility. The shift in approach aligns with India’s new EV policy, which BYD will navigate by continuing to import its vehicles rather than building them […]

Toyota Kirloskar Secures 827 Acres in Maharashtra for EV Plant

Toyota Kirloskar Motor (TKM) has been allocated 827 acres of land in Maharashtra’s Chhatrapati Sambhajinagar to establish a greenfield manufacturing facility for electric and hybrid vehicles. The land was allotted as part of an ongoing development in the Delhi-Mumbai Industrial Corridor (DMIC), specifically in the Bidkin node of a “greenfield smart industrial city,” according to […]