Ather Energy CEO advocates for higher R&D expenditure, gives example of BYD

Ather Energy CEO Tarun Mehta has advocated for increased spending on research and development (R&D) by Indian auto companies. In a post on social media platform X (previously known as Twitter), Mehta stated that entrepreneurs need to target and R&D of a million engineers in India. He cited the example of the Chinese electric vehicle giant BYD, which apparently has more people in R&D than the rest of the auto industry outside of China combined.