BYD India will hike prices of its cars by up to 3 percent from May 1, 2026. Depending on the model, prices will go up by 2 to 3 percent, which translates to an approximate increase of Rs 50,000 at the low end and around Rs 1.7 lakh at the high end. The turbulent conditions surrounding the Strait of Hormuz in the Middle East are a major factor behind BYD’s upcoming price hike. Meanwhile, Hyundai has announced a price hike of up to 1 percent from May.
- Rising input costs are central to this price hike
- Prices could rise by up to Rs 1.7 lakh for the Sealion 7
BYD India price hike
Supply disruption through the Strait of Hormuz has impacted the Chinese brand
The Middle East crisis, which officially began on February 28, has led to uncertainty in global markets and major disruptions in trade. The intermittent operational status of the Strait of Hormuz has spiked the costs of raw materials such as aluminium and petroleum coke. The latter is crucial for the production of synthetic graphite, a vital material for EV batteries. For an EV-centric brand like BYD, such complexity will increase input costs, making the brand’s cars costlier.
The developing situation in the Middle East and its impact on global trade mean that BYD India also faces higher shipping costs to import its cars and their components. BYD currently sells four models in India – Atto 3, eMax 7, Seal and Sealion 7. Check the table below for a detailed model-wise breakdown of the upcoming price hike. Do note that the amounts listed are approximate values as of now, since BYD India has not disclosed the actual figures.
All prices are ex-showroom.
Dhruv Dhaka
Glenn Noronha
Viraaj Bhatnagar
Saptarshi Mondal
