Monday, February 16, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Markets

Market: China-listed BYD eyeing 40% of the Indian EV market by 2030

Fiinews by Fiinews
January 13, 2023
in Markets
Reading Time: 3 mins read
A A
0
BYD
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Encouraged by BYD ATTO 3 bookings, Gopalakrishnan is set for first deliveries from Jan 2023

BYD, the global leading new energy vehicle (NEV) manufacturer listed on the Hong Kong and Shenzhen Stock Exchanges, is eyeing 40% of the Indian EV market by 2030, and plans to sell 15,000 units of BYD ATTO3 next year while expanding showroom network to 53 this year.

“Next year, we plan to sell 15,000 units of BYD ATTO 3 and All-New e6 with a long-term vision to take up 40% of the Indian EV market by 2030. The bookings of BYD ATTO 3 have been encouraging, and we are all set to start the first deliveries from January 2023,” said Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicles of BYD India.

Within a year, BYD has expanded its network to 24 showrooms across 21 cities in India and will double the presence to 53 showrooms within 2023, he said at the launch of BYD’s new luxury model at the Auto Expo in New Delhi.

“With the unveiling of the electric luxury sedan BYD Seal, the launch of the Limited Edition of BYD ATTO 3, and the display of the Blade Battery, e-Platform 3.0, we resonate our commitment to contribute to the growth of the Indian electric vehicle segment with EV technologies,” he said on 12 Jan 2023.

“The Indian Auto Expo is an extremely significant platform for us, and we are pleased to be able to showcase our products and technologies through our technological innovations for a better life,” he underlined.

BYD Seal, whose sales have exceeded 50,000 within 5 months in China, is planning to launch sales in India by Q4 2023. As the All-New e6 and BYD ATTO 3 are already available in the local market, BYD Seal will be the third passenger EV released in India within two years, he stressed.

At the Auto Expo 2023, BYD’s display space was sectioned into 4 zones, which showcase not only its current and new vehicle products but also technological innovations that substantially enhance the performance and safety of vehicles.

These newly-unveiled products and innovation displayed echo the Indian-specific theme at the convention: Technological Innovations For A Better Life.

BYD Seal is one of BYD’s latest luxury sedans equipped with its renowned EV platform (e-Platform 3.0) and revolutionary ultra-safe Blade Battery. Also, it is the first vehicle equipped with CTB (cell to body) technology, substantially upgrading the vehicle’s safety, stability and handling, giving the vehicle an overall finer performance.

Founded in 1995 as a rechargeable battery maker, BYD now boasts a diverse business scope covering automobiles, rail transit, new energy and electronics, with over 30 industrial parks in China, the United States, Canada, Japan, Brazil, Hungary and India.

From energy generation and storage to its applications, BYD is dedicated to providing zero-emission energy solutions that reduce global reliance on fossil fuels. Its new energy vehicle footprint now covers 6 continents, over 70 countries and regions, and more than 400 cities. Listed on Hong Kong and Shenzhen Stock Exchanges, the company is known to be a Fortune Global 500 enterprise that furnishes innovations in pursuit of a greener world. fiinews.com

Tags: BYD
ShareTweetShare

Related Posts

Perfios logo
Markets

Market: Perfios gets UIDAI OVSE certification

by Fiinews
February 14, 2026
0
15

Perfios' committed to Digital India initiative, says Chaitanya Perfios.ai, India's leading B2B SaaS TechFin with offices worldwide and with 75+...

Infoblox
Markets

Market: Infoblox expands across India

by Fiinews
February 14, 2026
0
13

Shivaram hiring fresh graduates to principal engineers Infoblox, a leader in cloud networking and security services from Santa Clara, California,...

Kashiv Biosciences

Market: Peptide to be commercialized in India

February 11, 2026
14
Vertical Aerospace

Market: eVTOL prospects bright in India

February 11, 2026
12
Embraer

Market: Embraer strengths supply chain

February 10, 2026
17
Tech Setting India

Market: Tiwari unlocks ‘India Advantage’ globally

February 10, 2026
11
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tender: 3 multi-tracking projects approved
  • Invest: Rs.10,000cr FoF 2.0 approved for startups
  • Tender: CCEA approves underwater tunnel
  • Invest: Rs.42,000cr MoUs signed at Vidarbha
  • Invest: Rajya Sabha gets startup fundings details

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.