Exclusive-India's Reliance Infra weighs EV push, taps ex-BYD exec, sources say
NEW DELHI (Reuters) -India's Reliance Infrastructure is considering plans to manufacture electric cars and batteries, and has hired a former India executive at China's BYD Co to advise on its plans, two sources briefed on the matter told Reuters. The company, part of Anil Ambani's Reliance Group, has hired external consultants to conduct a "cost feasibility" study for setting up an EV plant with an initial capacity of about 250,000 vehicles a year, to be scaled up to 750,000 over some years, the first source said. Reliance Infrastructure did not respond to a request for comment on its plans, which are being reported for the first time.