"With proven and innovative technology, we are on track towards building a stronger ecosystem that facilitates EV adoption in our country. We will constantly contribute to building a greener future," Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger Vehicles of BYD India, said.
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.