📈 Stocks & Economy🇮🇳 India
BYD Says 80% of China's Cars Will Soon Be Electric — India's Auto Sector Is Watching Closely
CNBC·Tuesday, 9 June 2026
Chinese EV giant BYD has predicted that 80% of car sales in China will soon be electric. BYD made this forecast even as analysts expect domestic Chinese demand to taper. The company sees its competitive EV market continuing to grow.
Why It Matters
BYD has been expanding into India's EV market, and China's EV dominance shapes global pricing and supply chains that Indian manufacturers compete against.
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