Automundo China
Xiaomi plans to launch global car sales in 2027, president says
Also, scouting of European automotive market begins.
The post Xiaomi plans to launch global car sales in 2027, president says appeared first on CarNewsChina.com.
Greenvolt enlists BYD for 1.6GWh of Poland BESS projects

Chinese EV and BESS firm BYD will supply the energy storage technology for two of IPP Greenvolt Power's BESS projects in Poland.
Tesla’s China-made EV sales fall 49.2% in February

U.S. automaker Tesla NASDAQ:TSLA sold 30,688 China-made electric vehicles in February, down 49.2% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Tuesday.Deliveries of China-made Model 3 and Model Y vehicles fell 51.5% from the previous month.Chinese rival BYD SZ…
Xiaomi aims to sell EVs in overseas markets by 2027

This is the first time Xiaomi's management has mentioned a timeline regarding the entry of its EV business into overseas markets.
Greenvolt Group signs agreement with BYD Eneegry Storage to develop landmark...

Greenvolt Group has signed an agreement with BYD Energy Storage to develop landmark BESS projects of up to 1.6 GWh in Poland.
BYD’s $5.6 Billion Share Sale Gobbled Up By Long-Term Investors
(Bloomberg) -- Long-term investors snapped up a significant chunk of BYD Co.’s $5.6 billion stock offering, people familiar with the matter said, a vote of confidence in the electric-vehicle maker and Chinese equities more broadly. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins
BYD Stock Plunges on $5.6B Share Placement

Chinese electric vehicle giant BYD ($BYDDF) said it raised almost $5.6 billion in a share sale on Tuesday, driving investors to offload the stock in Hong Kong as it...
BYD in major new share placement in HK

China’s leading NEV manufacturer BYD plans to place 129,800,000 new shares on the Hong Kong stock market.
Tesla China-made sales tumble as rivals see increases
Tesla Inc saw sales of its China-made electric vehicles tank to their lowest since August 2022 in February as rivals enjoyed improvements. According to the...
BYD launches 4 electric commercial cars in UAE

BYD launched 4 electric commercial vehicles in the UAE for use in the delivery and public transportation sectors.