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BYD Denies Investing RMB10B to Build Factory in India
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Regarding market rumors that BYD COMPANY (01211.HK) (002594.SZ) plans to invest RMB10 billion to establish an electric vehicle factory in Hyderabad, the capital of Telangana in south-central India, BYD’s online reporting center subsequently issued a statement clarifying that the news about BYD investing in a factory in India is not true.

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