Etiqueta: BYD

BYDDY secures record funding to boost EV growth, expand globally and invest in advanced tech, strengthening its position in the competitive auto market.

Cleary Gottlieb represents the placement agents in BYD’s HK$43.5 billion H-share placement.

Geely says AI-powered pilot system would be added to all of its brands, including Galaxy, Zeekr and Lynk.

Chinese electric vehicle maker BYD has raised $5.95 billion in a primary share sale that was increased in size, according to a term sheet seen by Reuters on Tuesday. (This story has been refiled to add the company's name in paragraph 1)

(Bloomberg) -- 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. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityHow Upzoning in Cambridge Broke the YIMBY MoldNYC Office Buildings See Resurgence as Investors Pile Into BondsHong

Elon Musk's recent political decisions as an advisor to Donald Trump are already affecting Tesla's sales in Europe. Tesla sold fewer than 10,000 units in Europe last mont

BYD has reported substantial increase in new energy vehicle (NEV) output for February 2025, compared to the same period last year.

BYD has partnered with DJI to release Ling Yuan, a $2,200 vehicle-mounted drone system that consists of a storage compartment and an on-board positioning module handle. The included drone (DJI Air 3S) can perform a dynamic takeoff / landing while the vehicle is moving at speeds of up to 15.5 mph (25 km/h) and can follow at speeds up to 33.5 mph (54 km/h). When the drone is running low on battery, it automatically returns to the storage compartment and can power up from 20 percent to 80 percent in just 30 minutes. A free app will let users edit

Launch DJI drones while you drive,

BYD plans to raise $5.2 billion through a share sale in Hong Kong to fund its overseas expansion and research and development efforts.