
Tesla Rival BYD Hits Roadblocks In India Amid Tensions With China While Elon Musk-Led EV Giant Kickstarts Operations

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BYD Co. Ltd. is facing challenges in expanding its operations in India due to strained relations between India and China. The company's managing director has been unable to secure a visa, forcing meetings to be held in Sri Lanka and Nepal. Additionally, BYD's $1 billion investment plan in India was rejected, leading to high tariffs on imports. This situation arises as Tesla enters the Indian market, opening a showroom in Mumbai. Meanwhile, BYD continues its global expansion, particularly in Europe, despite a decline in domestic sales in China.
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