BYD India BYD India, an affiliate of Warren Buffett’s EV maker BYD is planning to launch electric MPVs for the B2B segment of India in the near future.
BYD India will launch an electric car
Electric bus maker BYD India has announced its plans to launch the initial electric vehicle for passengers in India. The new electric vehicle can be described as a Multi-Purpose Vehicle (MPV) for the B2B (Business to Business) segment, meaning it is targeted the taxi/fleet segment exclusively. BYD India is a subsidiary of China’s BYD Company, a company which is owned by the well-known American financier and businessman Warren Buffett. BYD India has just completed eight years of operation in the Indian market, primarily in the electric bus sector, and is now witnessing an increasing demand for electric vehicles across the country, BYD plans to enter the vehicle market for passengers.
This is a smart move that the company has taken in view of the increasing demand for EVs in this vital sector. The decision to move into the B2B market is aligned with BYD’s transportation solutions for electrification that will result in an environment that is cleaner and aid India to meet the company’s ESG goals.
BYD India has been involved in a variety of industries that range from the manufacture of electronics and the assembly of electric buses as well as batteries for power. In the near future, BYD India will continue to grow, for example in the development of fields of batteryand energy storage, and an electronic passenger vehicles.
Ketsu Zhang Director Executive, BYD India, in a statement, said “BYD India’s mission was always to be part of India’s Electric Revolution’ and offer only pure electric solutions. We’re excited to offer our innovative green technology to aid Indian companies in achieving their EV targets. We have seen huge feedback for our electric buses and forklifts, mainly among the Indian public sector and B2B. We have made the decision to bring more electric commercial vehicles into the B2B starting in Q4of 2021. In the future, we’d love to be part of all Indian consumer’s journey towards electric vehicles, ideas for that are in the pipeline.”
BYD EV Car high range electric car in india 650 km per charge..