China’s BYD raises USD 5.59 billion in record share sale in Hong Kong
As BYD accelerates its global expansion by adding new production facilities and hiring more workers, it aims to sell between ...
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Al-Futtaim Family Office invests in China’s BYD as automaker raises $5.59bn
The UAE's Al-Futtaim Family Office is a key investor in the share sale, and the two firms are planning on forming a strategic ...
Geely follows BYD in making AI-powered pilot system available across all brands
Geely Auto, mainland China’s second-largest carmaker, said it would add its indigenous artificial intelligence (AI)-powered ...
Tata Motors’ EV sales slump 23% in Feb, marking ninth monthly decline in FY25
Tata Motors reported a 23% drop in EV sales in February, continuing a trend of declining sales over the fiscal year.Competing ...
Leading NEV manufacturer With Strong In-House Battery Production and Plug-In Technology
BYD is the largest new energy vehicle manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD ...
What Tesla’s stock slump tells us about Trump
The electric car maker’s stock has been sinking “faster than a Cybertruck in quicksand”. Elon Musk’s company, like the US ...
Tesla Rival BYD Raises $5.64 Billion Through Share Placement, Wants To Use Funds For Global Domination
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 ...
Chinese EV Maker BYD To Raise $5.6 Billion To Fund Global Expansion
BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 ...
BYD pledges to work with rival Tesla to put EVs above petrol cars- FT interview
Investing.com-- Chinese electric vehicle giant BYD (HK: 1211) pledged to work with rival Tesla Inc (NASDAQ: TSLA) to combat ...
Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement
BYD sold 3.7 million passenger cars in China in 2024, up 37% from the prior year. Tesla's sales in comparison rose 9% to around 660,000 cars. Globally, BYD is nipping at Tesla's heels as the largest ...