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BYD India forays into e-vans biz with new models
BYD (Build Your Dreams) India, a subsidiary of BYD Group, China, the world’s largest electric vehicle (EV) maker, announced its foray into the domestic pure electric van segment with the introduction of two new pure EVs – T3 pure electric passenger MPV (multi-purpose vehicle) and T3 pure electric commercial logistics minivan.
“In the past few years, with the great support of Indian government and our local partners, BYD has realised the local design, R&D, manufacturing of electric buses in India, and established battery manufacturing facilities here. We are also the first OEM in the country to export e-buses to overseas markets from India. Our pure electric buses have cemented their position as a market leader in the Indian e-bus segment,” said Liu Xueliang, MD, BYD India.
“Seeing the potential of India’s EV market, BYD is responding to the call to promote the local market and make India a global hub for EVs. We are delighted to launch the all-new pure electric T3 MPV and T3 minivan for the Indian market and are confident that our products will set a benchmark in India’s electric van segment. We always strive to bring the most advanced and cleanest technology into the Indian market and better serve our local customers.”
BYD India was established in Chennai, in March 2007. It has set up an office in New Delhi too. The Indian subsidiary has two factories, covering more than 140,000 square meters, with a cumulative investment of over $150 million. The business covers mobile components, solar panels, battery energy storage, electric buses, electric trucks, electric forklifts, chargers, rail transit, and more, also providing customers with product solutions and related after-sales services. BYD’s India branch has gradually developed into the group’s S Asia regional HQ, realising the group’s localisation strategy. With local partners, the Indian branch has successfully piloted e-buses in Bengaluru, Rajkot, New Delhi, Hyderabad and other cities. At present, BYD claims to have a 52 pc share of e-buses commercially operating in India.
“At this early stage, we are going to focus on creating a more efficient, more reliable B2B and electric public transportation sector,” said Ketsu Zhang, ED, BYD India. “We will also gradually look at increasing investment and manufacturing electric vans locally.”