Reliance Infra weighs EV push, taps former BYD executive

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.

It is also looking at the feasibility of building a battery plant starting with 10 gigawatt hours (GWh) of capacity and scaling up to 75 GWh over a decade, the person added.