Etiqueta: Industry
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.
Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement
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.
BYD’s HK$43.5 Billion H-Share Placement | News

Cleary Gottlieb represents the placement agents in BYD’s HK$43.5 billion H-share placement.
Geely to make its AI-powered pilot system available across all brands

Geely says AI-powered pilot system would be added to all of its brands, including Galaxy, Zeekr and Lynk.
Elon Musk’s Policies Impact Tesla’s Sales and Business in Europe

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
EU gives automakers ‘breathing space’ on CO2 emission targets

The European Commission yielded to pressure from European automakers on Monday by giving them three years, rather than only one, to meet new CO2 emission targets for their cars and vans.
BYD reports growth in NEV production for February 2025

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

The new DJI drone system is supported on several BYD EV models, including the high-end Yangwang U8, Denza N9, and Sealion 07 DM-i.
BYD, DJI unveil intelligent vehicle-mounted drone system

Chinese automaker BYD and drone giant DJI have launched an intelligent vehicle-mounted drone system,
‘I believed BYD’s promise’: Angry customers flood forums after subsidy scuffle...

BYD faces delays in Korea's EV market due to subsidy requirements, leading to consumer complaints.