Smart Dreams, a venture of Singaporean entrepreneur Dr. Bhupendra Kumar Modi, has announced its entry into Electric Vehicle (EV) production in India with the help of Chinese EV giant BYD.
Smart Dreams has teamed up with the Chinese EV maker Build Your Dreams (BYD) Auto Industry Co. Ltd., the world's leading electric vehicle manufacturer to manufacture electric buses and taxis at the ModiCiti facility.
BYD also showcased one of their electric buses at the event. The fully air-conditioned bus can travel for 250 kilometers on single charge. the battery used for the bus can last for 4,000recharging cycles and can be recycled at the end of its life.
At the event in Delhi, Dr. Modi inaugrated the first of its kind, electric bus facility in ModiCiti, near Moradabad, UP, which is around 167 kilometers away from Delhi.