Chinese EV Maker BYD Pulls Out of $1 Billion India Investment

China’s BYD told its India joint-venture partner it would shelve plans for a new $1-billion investment to build electric cars after its proposal faced scrutiny from New Delhi, two people with knowledge of the discussions said. The world’s largest plug-in vehicle maker had hoped to use the investment to produce a full line-up of EVs … Continue reading Chinese EV Maker BYD Pulls Out of $1 Billion India Investment