Chinese electric carmaker BYD India to launch luxury sedan in 2023’s last quarter
BYD Seal is BYD India's third model for the passenger EV segment in India after All New e-6 electric MPV and BYD ATTO 3 e-SUV, both of which are already on sale.
Pure play electric vehicle (EV) player BYD India Private Ltd on Tuesday launched its premium sport utility vehicle (SUV) Atto 3.
The company is a wholly-owned subsidiary of BYD, China – one of the largest EV players in the world.
“With proven and innovative technology, we are on track towards building a stronger ecosystem that facilitates EV adoption in our country. The launch of BYD-Atto 3 is a step towards this mission. We will constantly contribute to building a greener future,” Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicles of BYD India, said.
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Sales of the new model equipped with seven airbags, a robust steel body structure, and a safety-oriented chassis design and several other features will start happening from January 2023.
“We intend to sell 15,000 units of BYD-Atto 3 in India over the next year and plan to set up a local manufacturing facility in the due course,” said Ketsu Zhang, Executive Director of BYD India.
In India BYD has two plants – one for car making and the other for electronic items – involving a cumulative investment of about $200 million.
The company assembles its cars by importing the parts from China.
It started operations rolling out e6 model – a multi-purpose vehicle (MPV).
The company’s plant near here has a capacity to roll out 10,000 units per year.
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