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Podcast: businessline's State of the Economy Podcast
Episode: Even if the industry achieves half the govt. target for electric vehicle penetration by 2030, overall EV annual sales would touch 12-15 lakh units: BYD India
Description: In a conversation with businessline, BYD India’s Sanjay Gopalakrishnan projected a 30 to 40 per cent increase in overall EV sales in 2024. The company said it aimed to capitalise on this momentum by introducing a ‘diverse range of EVs tailored’ to Indian consumers’ preferences.The BYD SEAL, launched recently, boasts of a 650-kilometre range. It has had more than 200 bookings received within days of its launch.Gopalakrishnan pointed out that the government’s projections for penetration of EV four-wheelers are 30% by 2030, which he said was an optimistic outlook that the government was looking at. “This means you will hav...