BYD Eyes Indian EV Growth as EU-India Car Tariffs Fall to 40%

BYDDYBYDDY

India agreed with the EU to cut car import tariffs from 110% to 40%, planning further reductions to 10% over time while excluding EVs from cuts for five years. BYD recorded an EV sales surge in India last year and is strengthening its presence ahead of future tariff cuts.

Sources

BBB