India Blocks $1 Billion Bid By China’s BYD to Set Up EV Factory
India rejected Chinese carmaker BYD Co.’s proposal to build a $1 billion electric-vehicle plant in partnership with a local company, according to people with knowledge of the matter. The Indian government dismissed the plan from BYD and Hyderabad-based Megha Engineering…
India’s Tata Will Build a $5-Billion New Electric Car Battery Factory In The UK
India’s Tata Sons plans to build a 4-billion-pound ($5.2 billion) electric car battery factory in the U.K., the conglomerate said Wednesday. The plant is expected to become one of Europe’s largest battery cell manufacturing sites when it begins production in…
