BYD’s EV proposal hits hurdle in India

Chinese automaker BYD's proposal to partner with Megha Engineering and Infrastructure (MEIL) for electric vehicles in India has hit a security roadblock, reflecting the government's concerns about Chinese companies' control and technology sharing. The Indian government has tightened FDI regulations for companies from bordering countries, leading to increased scrutiny and delays in investment proposals.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.