Etiqueta: Industry

Chinese autonomous driving firm Minieye Technology, backed by Alibaba Group Holding CEO Eddy Wu Yongming, has submitted to go public on the Hong Kong stock exchange, becoming the latest mainland self-driving tech firm looking to float on the city's bourse. The company had gone through at least 17 rounds of fundraising before submitting its prospectus on May 27. It is looking to raise US$150 million, the International Financial Review reported. The company has not revealed a target valuation, say

BYD is building it first plant in Hungary, while Leapmotor will use a Stellantis factory in Poland, as Chery eyes production in Spain and possibly Italy; Great Wall, SAIC and Dongfeng are also assessing opportunities

European governments may be wary of budget Chinese electric vehicles flooding their markets but they're also fiercely competing for a share of the manufacturing investment and jobs the new competitors bring. While the European Union investigates China's auto subsidies and considers tariffs on imports, national governments across the bloc are dangling their own incentives to attract Chinese automakers looking to build European factories. Manufacturing costs for Chinese EV makers including BYD, Chery Automobile and state-owned SAIC Motor are much lower at home but they are nonetheless keen to set up in Europe to build their brands and save on shipping and potential tariffs, said Gianluca Di Loreto, a partner at consultancy firm Bain & Company.

The latest generation of BYD’s DM hybrid system slashes fuel consumption while extending EV driving range.

Chinese EV tariffs are unlikely to stop the Middle Kingdom from dominating the global EV market. In fact, to some, they’ve become laughable.

BYD Electronic (International) Company Limited's ( HKG:285 ) dividend will be increasing from last year's payment of...

ACMobility, the electric mobility arm of Ayala Corp., is aiming to open 22 BYD dealerships within the year to accelerate the adoption of electric vehicles in the country.

Top manufactures included in Vehicle Seat Heater market are as follow: Goldern Time, Champion, Hxbest, Check, ACTIVline, Hengfei Electronic, Firsten, SET Electronics, Panasonic, Gentherm,...