CRAZY! India Purchases 400 BYD Electric Trucks, but Then Demands $8.7 Million in Fines from BYD!

#china #chinanews #india #byd #newenergy #electriccar #heavydutytrucks In the global business market, many people may have a controversial evaluation of India. On the one hand, it is seen as an attractive investment destination, attracting companies and investors from all over the world. On the other hand, India is also known as one of the most promising markets in the world, with a large and growing consumer group. But what you absolutely can’t imagine is that countless multinational companies have suffered setbacks and failures in this land full of opportunities and challenges. In 2023, India purchased 400 electric heavy trucks from China’s BYD Auto Company for use as terminal tractors at four ports of the Adani Group. However, when BYD completed the delivery of 304 electric heavy trucks, the Indian government suddenly imposed a fine of 730 million rupees on BYD Company of China on the grounds of suspected tax evasion. In fact, this is not the first time that India has imposed a huge fine on foreign-funded enterprises. So in today’s video, I will explain why India fined BYD and what the Indian market will be like in the future. ---------------------------------------------------------------------------------------------------- 🙌🙌🙌🙌🙌—Welcome To Insider Truth—🙌🙌🙌🙌🙌 A Platform For In-Depth Exploration Of News Insiders, Focusing On Revealing The Development Process Of Asia’s Powerful Countries And The Behind-The-Scenes Stories Of Various International Cooperation.🔍 🔍 🔍 🔍 Our Coverage Goes Beyond The Surface And Looks At Deep, Insider Insights. In This Era Of Information Explosion, We Provide You With Unusual Perspectives, Allowing You To Go Beyond The Headlines And Truly Understand The Stories Behind Asian Countries.📰📰📰📰📰 ********************************************************* DISCLAIMER: Our channel is purely made for Information purposes, based on facts, rumors, and fiction. ********************************************************* MUSIC: StoryBlocks/Audio Library 🎥FOOTAGE licensed through StoryBlocks and Filmpac. ********************************************************* Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing.