Overview
- Bloomberg reports BYD is assessing semi‑knocked‑down assembly in India to expand supply, with no formal investment decision or company comment disclosed.
- The company is pursuing Indian safety and regulatory certifications for more models, adding to the Atto 3, Sealion 7, Seal and eMax7 already on sale.
- India’s EV demand for BYD outpaced supply last year, with sales rising about 88% to roughly 5,500 vehicles and dealers holding hundreds of bookings as December‑quarter inventory ran out.
- Fully built car imports are capped at 2,500 units a year and can face duties up to 110%; Atto 3 currently incurs about 70% duty, while SKD assembly could lower levies to near 30%.
- India rejected BYD’s $1 billion full‑plant proposal in 2023, and local media report an Atto 2 launch in May is planned, which BYD has not confirmed.