Chinese carmaker BYD Co. is planning a daring push into India’s electrical automobile market, becoming a member of a rush of international carmakers jockeying for a much bigger share of the world’s fourth-biggest auto market.   

The Warren Buffett-backed BYD is looking for to seize 40% of India’s EV market by 2030, Sanjay Gopalakrishnan, senior vice chairman of its native unit, mentioned in an interview at India Auto Expo 2023 on the outskirts of New Delhi.