Wang Chuanfu, founder of Chinese EV giant BYD, got a prime seat in Monday’s meeting with Xi Jinping, meant to show Beijing’s renewed commitment to its beleaguered tech sector. The Chinese carmaker has gone from strength-to-strength in recent years,

Geely says AI-powered pilot system would be added to all of its brands, including Galaxy, Zeekr and Lynk Geely Auto, mainland China’s second-largest carmaker, said it would add its indigenous artificial intelligence (AI)-powered pilot system to vehicles from all of its brands,

Korea's first fully electric pickup will roll out in various markets around the world including Europe, UK, and Australia

BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 billion) to deal with fierce competition at home and to expand abroad.

Tesla (NASDAQ: TSLA) risks losing ground in China as local EV makers, including BYD, advance AI-driven autonomous driving and vehicle integration. Trade tensions and potential tariff escalations could threaten Tesla’s China operations,

BYD Company (BYDDY, BYDDF) is advancing 3.5% today after JPMorgan raised its price target on the China-based automaker’s shares by over 60%. The bank increased its price targets on BYD’s China-based and Hong Kong-based stocks by more than 60%,

Read about China’s electric-vehicle sector, Grab and more in the latest Market Talks covering the Auto and Transport sector.

BYD Company Limited, the world's leading electric vehicle manufacturer for three consecutive years announced a significant capital raise through a placement of new H shares to fund its ambitious global expansion plans and research initiatives.

Chinese electric vehicle maker BYD said on Tuesday it had raised $5.59 billion in a primary share sale that was increased in size, making it the largest of its kind in Hong Kong in four years. Julian Satterthwaite reports.

Chinese electric vehicle maker BYD said on Tuesday it had raised $5.59 billion in a primary share sale that was increased in size, making it the largest of its kind in Hong Kong in four years.

The Chinese automaker plans to raise $5.6 billion via a share placement to enhance investments in cutting-edge technology and strengthen its competitive edge over rival Tesla.

Chinese electric vehicle maker BYD Co. has raised HK$43.5 billion ($5.6 billion) after selling 10% more shares than planned, according to people familiar with the matter, in Hong Kong’s biggest share sale in nearly four years.