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October 08,2024

BYD India Not Applying for EV Policy Benefits under New Policy

BYD India has opted not to pursue benefits under India's new EV policy in the short term, focusing instead on homologation to meet demand for its eMAX 7 model, priced between Rs 26.9 lakh and Rs 29.9 lakh. While acknowledging the advantages of a manufacturing plant, the company will explore market opportunities without immediate investment, awaiting further developments.

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