BYD India Price Hike: BYD India, a subsidiary of the Chinese car manufacturer BYD, recently announced that it will hike the prices of its cars from May 2026 onwards. Notably, the brand currently offers popular models such as the BYD Atto 3, BYD Sealion 7, BYD Seal, and BYD eMax 7 in the country. Let’s take a look at the price hike along with the expected price increase on BYD cars in India.
BYD Cars Price Hike
BYD has announced that the price hike will range between 2 and 3 per cent, depending on the model. The price hike will range between Rs 50,000 and Rs 1.7 lakh on the brand’s popular car models. While the BYD Atto 3 is expected to become dearer by up to Rs 1 lakh, the BYD Seal and BYD Sealion are expected to cost more by up to Rs 1.65 lakh. The BYD eMax is expected to receive a price hike of up to Rs 59,000.
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BYD Cars Price Hike: The Reason
The ongoing Middle East crisis has resulted in the disruption of operations at the Strait of Hormuz. The disruption has led to uncertainty in global markets, and prices of raw materials such as aluminium and petrol coke have skyrocketed ever since the conflict began. The petroleum coke is a key element of electric vehicle batteries, and due to disruption in supply and increasing prices the input costs have spiked for EV manufacturers, including BYD.