Upcoming BYD Cars in India 2022: BYD the world’s largest electric vehicle company by volumes, plans to enter the Indian mainstream EV market with an electric SUV in the upcoming festive season. The Warren Buffet-backed Chinese electric vehicle manufacturer BYD will unveil a Born Electric SUV for the Indian market by the fourth quarter of the current calendar year. The deliveries of the same would begin in January, the company’s top official said. BYD has been selling the E6 MPV in the Indian market since 2021. Since its launch last year, BYD has sold 400 units of the E6. BYD, which overtook Tesla in July as the world’s largest EV maker, would assemble the upcoming model at Sriperumbudur near Chennai.

BYD Auto

The company, founded in 1995, has little brand recognition outside China, despite selling 641,000 pure electric and hybrid vehicles in the first half of 2022 – nearly 80,000 more than its Texas-based rival, said Aljazeera report.

Moreover, BYD will exhibit at the upcoming Delhi Auto Expo in 2023, demonstrating the seriousness of its India foray. During the next two years, it plans to sell 10000 assembled vehicles in India as well as explore setting up of a local manufacturing facility.

There will be a wide range of products on display, including hatchbacks, sedans, and SUVs, as well as the famous Blade battery technology, which has a range of over 450-500km.

Upcoming BYD Cars in India 2022

According to Sanjay Gopalakrishnan, Senior Vice President of BYD India’s Electric Passenger Vehicle Business, the company plans to enter the mainstream EV market with its Atto3 SUV during the upcoming festive season given the strong response to its E6 MPV. “We are getting significant traction for our vehicles in India from corporate customers, we want to expand further into the personal buyer’s space with our SUVs. We are planning to showcase our vehicle architecture and battery technology at the upcoming Delhi Auto Expo, with a long-term vision of participating in the growing EV business in India,” added Gopalakrishnan.

The Atto3 will compete with the Hyundai Kona EV and M G Motor’s ZS EV in the fast-growing EV market. It is expected to cost around Rs 25 lakh and have a range of over 450-500 kilometres on a single charge.

Several Chinese vehicle makers have struggled to set up manufacturing bases due to the government of India’s extra screening of investments from the neighbouring country.

In response to a specific question about obtaining clearance from the Indian government to expand its business in the country, Gopalakrishnan said the company does not require any clearance for its existing infrastructure.

Plan Of BYD in India

According to Gopalakrishnan local manufacturing is part of phase 2, which will be explored based on the responses to its assembled models – E6, Ato3 and upcoming new models that are likely to be showcased at the Auto Expo. “Our long term vision is grab 10-15% market share of passenger electric vehicle space by 2030, but how we reach that is yet to be defined. The initial target is to sell 10000 Evs for which we have a set up, next set for local manufacturing will be explored next year,” he said.

After introducing its E6 MPV to corporate and fleet customers in the last year, BYD has already sold close to 450 units, and the company expects to sell more than 1000 by the end of the year. With corporate fleets converting from ICE to EV, and ESG goals becoming eminent, BYD’s vehicles have generated significant interest.

Because of BYD’s well-established Blade battery technology, its electric vehicles have a range of over 450-500 kilometres.

BYD Joint Venture

BYD already has a joint venture with Toyota Motor Corporation for the same EV powertrain. In 2007, BYD entered the Indian market for the production of electronic parts, batteries, and mobile phones in Oragadam. As of 2016, it supplies batteries and bus chassis to Olectra from its Sriperumbudur assembly plant.

At the same facility, BYD will assemble its passenger vehicles. By the end of the year, the company will hire close to 100 people and increase capacity to 10000 electric vehicles.

BYD Car Showroom in India

There are currently 12 dealerships across 12 cities, which will expand to 18 cities with 24 outlets within 6 months. Depending on the traction of its EVs, BYD India will look to expand its dealership network.

 

BYD’s rise comes despite years of naysaying about the quality and safety of China’s electric vehicles, underscored by staggeringly high recall rates across the industry that have at times exceeded 10 percent, it added.

Thanks to cheaper lithium iron phosphate batteries, value for money has been central to BYD’s appeal, with models offered at lower price points than its foreign rivals.

BYD Auto’s Qin plug-in hybrid ranked as the bestselling plug-in electric car in 2014. They launched this in the last quarter of 2013. It also ranked 7th on the world’s top 10 plug-in cars and continued to be a bestseller in China.

 

Here’s a list of BYD car models and variants:

BYD M6:

The BYD M6 is a minivan and was inspired by the Toyota Previa. It has two variations, a 2.0-liter and a 2.4-liter engine with three different transmissions.

BYD G3:

G3 was created to cater for the motoring public in the China’s top cities. As such, this vehicle has been outfitted with better space-saving solutions and infotainment features.

BYD S7:

Not only does the BYD S7 have a sleek exterior – this SUV’s interior boasts only of a stylish and comfortable interior.

BYD Qin:

Electric is the way to go in having a cleaner motoring future. Such is the case with the BYD Qin, in which motorists can go for an all-electric drive.

BYD E6:

The only car that BYD sells in India is E6, with price starting at Rs 29.15 lakh. The car comes equipped with a 71.7 kWh Blade Battery with up to 520-km range after a single charge, making it the only Indian eMPV with such a long-range.

EV charging for households

Is BYD coming to India?

BYD India, a subsidiary of the China-headquartered global EV maker BYD, has rolled its all-new e6 electric vehicle with Orix Auto Infrastructure (Orix India) across 5 cities in India, which includes Delhi-NCR, Mumbai, Pune, Bengaluru, and Hyderabad.

Is BYD bigger than Tesla?

A recent study by Bloomberg Intelligence estimates BYD’s sales of pure electric vehicles will exceed 1 million in 2024, making it the world’s third largest electric carmaker after Volkswagen and Tesla.

Can I buy BYD e6 in India?

Additionally, it should be mentioned that the BYD e6 electric minivan will only be available for the B2B segment. From now on, it will only be available in major Indian cities including Delhi NCR, Mumbai, Bengaluru, Hyderabad, Vijayawada, Ahmedabad, Kochi, and Chennai.

How much does a BYD car cost?

BYD’s highly anticipated all-electric sedan known as the BYD Seal has now had its price revealed. This is after its successful launch in May 2022 when BYD received 22,637 orders in a few hours. It has now been revealed that it will launch in China with a starting price of $31,860 USD.

When did BYD enter India?

In 2007, BYD entered the Indian market for the production of electronic parts, batteries, and mobile phones in Oragadam. As of 2016, it supplies batteries and bus chassis to Olectra from its Sriperumbudur assembly plant. At the same facility, BYD will assemble its passenger vehicles.

Is BYD sold in USA?

BYD’s passenger cars are not yet sold in the United States. Annual sales of plug-in electric vehicles in North America are expected to reach at least 1.1 million units by 2024, according to Navigant Research. The numbers are small now, but consider that they are starting from essentially zero.

What is BYD battery?

The BYD Battery-Box is a high voltage lithium battery with battery control unit (BCU) for usage with an external inverter. It is the first real high voltage battery that comes with a flexible and modular design with no cables inside.

Can Tesla beat BYD?

Now it’s beating Tesla. The Shenzhen-based electric carmaker sold more than 641,000 vehicles in the first half of 2022. This article has been updated to clarify that BYD’s sales include hybrid, as well as pure electric, vehicles.

Who is the world’s largest EV seller?

The shutting down of Tesla’s Gigafactory in Shanghai has dragged down its production and sales, giving way to China-based auto giant BYD to top the charts.

Does Warren Buffett Own BYD?

BYD is the only electric vehicle maker in Berkshire’s portfolio and the firm didn’t invest because of its EV business—Berkshire bought all of its BYD shares in 2008, when the company only made gas cars. However, Buffett has increased his investments in clean energy, mostly wind, in recent years.