India Blocks $1 Billion Bid By China’s BYD to Set Up EV Factory

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India Blocks $1 Billion Bid By China’s BYD to Set Up EV Factory
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India rejected Chinese carmaker BYD’s proposal to build a $1 billion electric-vehicle plant in partnership with a local company, sources say

’s proposal to build a $1 billion electric-vehicle plant in partnership with a local company, according to people with knowledge of the matter.

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