UGN Security Forums UGN Security: Underground News Technology [Reuters] BYD tells India partner it wants to drop $1 billion EV investment plan

Reuters exclusively reported that China’s BYD (002594.SZ) has told its India joint-venture partner it would shelve plans for a new $1-billion investment to build electric cars after its investment proposal faced scrutiny from New Delhi. 

The post BYD tells India partner it wants to drop $1 billion EV investment plan appeared first on Reuters News Agency.