Electric Cars News

Despite its relatively low profile in the Indian context, China’s Build Your Dreams quietly grew to become the market leader in the Rs 30 lakh - 70 lakh battery electric vehicle market in India last year

China’s Build Your Dreams appears to have benefited from positive word-of-mouth marketing in the Indian market, as the brand saw overall volumes grow more than five-fold in 2023.

The battery manufacturing facility will be established at a cost of over Rs 42,000 crore and will supply batteries to Tata Motors and JLR.

The company revealed in its preliminary results submissions for 2023 that its first EV was delayed by a year.

In a year that saw Tata Motors extend its lead in India’s passenger electric car market, Kulkarni and his team formalised two pivotal decisions that will shape the future of Tata’s EV division.

Built to rival the Tesla Model 3, the BYD Seal, in AWD form, has a total power output of 523 bhp and 670 Nm of torque.

The new facility will have an annual capacity of 150,000 units and is expected to create 3,000-3,500 job opportunities locally

The slow adoption of electric and hybrid vehicles in most parts of the world is the main reason behind this move