China’s BYD targets leadership in luxury EV segment in India

China’s BYD, the world’s largest electric car maker by sales, will focus on consolidating its leadership position in the luxury electric vehicle segment in India, a top company executive said.

Sanjay Gopalakrishnan, senior vice-president of BYD India’s electric passenger vehicle business, told ET, near-term the company will focus on showcasing its technology and strengthening its footprint in the premium electric vehicle segment with cars priced above Rs 30 lakh.