BYD India, which is into mobile components, solar panels, battery energy storage, electric buses and others is on its radar for investment. Currently, it has two factories in Chennai and an office in New Delhi. It will consider a new location when the Chennai facility reaches capacity, said Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicle Business of BYD India.
The company launched Mody BYd, its first passenger car showroom in Telangana and the third in the country at Begumpet. It now sells E6, the electric multi-person vehicle suited for fleet operators. The company will soon launch a premium electric SUV for passengers during the ensuing festive season and the sales will begin in January, he said at the showroom launch.
Also, it has plans to increase the number of showrooms to about 25 this year. It has so far sold more than 450 E6 cars in the country.
E Janaiah, Managing Director of Telangana State Renewable Energy Development Corporation, said Telangana is fostering an EV ecosystem. About 1,000 electric charging stations are being set up in the State. There will be an electric charging station every 25-30 km. Most of these will be ready by November and this will ensure that electric vehicle users drive without the range anxiety. He urged people to install rooftop solar panels and the same can be used for charging electric vehicles.