# BYD India enters material handling equipment market with lithium-iron phosphate battery technology

BYD India Private Limited announced its foray into the Material Handling Equipment (MHE) business in India, offering forklifts, stackers, and tow trucks powered by proprietary lithium-iron phosphate batteries.

- Type: Product launch
- Announced: 2019-12-08
- Where: Chennai, India, India
- Status: announced
- Products: counterbalance forklifts, reach trucks, electric stackers, battery operated pallet trucks, tow trucks, hand pallet trucks
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [BYD India Private Limited](https://endata.com/companies/43795.md)

## Sources

- [businessnewsthisweek.com](https://businessnewsthisweek.com/business/byd-forays-into-material-handling-equipment-mhe-business-in-india-with-the-worlds-leading-lithium-iron-phosphate-battery-technology/), 2019-12-08: "BYD (Build Your Dreams) India Private Limited, a subsidiary of BYD Group, the world’s largest electric vehicle (EV) maker, proudly announces their foray into the Material Handling Equipment (MHE) business in India"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.