Rajeev Chauhan, BYD Head of Passenger EVS in India, mentioned, "The ambition is always there, but you need a lot of other things. (We) don't have any direct signal. We do hope things will become a little better. That is the time we would definitely like to think a little more on this subject." His statement emphasizes the ambiguity surrounding potential investments due to current regulations and political dynamics.
Chauhan highlighted the competitive landscape by saying, "There are a lot of players in the mass segment and quite a few players in the luxury segment. The premium segment, that's where we are trying to reach and position. This is a space where we feel we belong, our cars belong." This comment showcases BYD's strategy to carve out a niche in India's growing electrified market.
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