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Chinese EV Maker BYD To Raise $5.6 Billion To Fund Global Expansion

Chinese EV Maker BYD To Raise $5.6 Billion To Fund Global...

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BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 billion) to deal with fierce competition at home and to expand abroad.
Geely beats BYD to become No.1 in China - what’s next for its brands?

Geely beats BYD to become No.1 in China – what’s next...

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A review of selected future models of Geely Group brands
BYD ranks fifth globally, Geely tenth. Has the Chinese automotive industry won?

BYD ranks fifth globally, Geely tenth. Has the Chinese automotive industry...

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In the 2024 global automotive sales ranking, BYD ranked fifth in the world with sales of 4.27 million vehicles, while Geely Group entered the top ten with sales of 3.34 million vehicles. This marks the first time that two Chinese independent car manufacturers have entered the global top ten, demonstrating the strong growth and international competitiveness of the Chinese automotive market. With the increasing penetration of new energy and intensified market competition, it is likely that more Chinese car manufacturers will join the global top ten in the future
A BYD Denza sports coupe is in the works

A BYD Denza sports coupe is in the works

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BYD will launch a brand new sports car with Porsche 911-rivalling performance at the Shanghai auto show later this year under its luxury sub-brand Denza, according to CarNewsChina. Captured in China by Autohome under heavy camouflage, the unnamed, two-door Denza model appears to be well in the development stages, with wheel arches missing and an ex...
Lotus regains right to name in China as Lotus has record sales in December

Lotus regains right to name in China as Lotus has record...

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Lotus has regained the use of its name in China meaning that it will no longer have to be known there at Lotus NYO.

The post Lotus regains right to name in China as Lotus has record sales in December appeared first on CarNewsChina.com.

A New Machine to Change the World? The Rise of China’s...

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Amid rising geopolitical tensions, the electric vehicle industry is becoming a growing focal point of international competition between Western developed countries and China.

The stunning Lotus Theory 1 concept car does away with buttons...

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Out with annoying visual reminders and in with prodding from inflatable textiles

Electric Sports Car Concepts

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Theory 1 - The Lotus Theory 1 is an experimental concept car that represents the future of intelligent performance. It is designed around three core principle...

Lotus Theory 1 previews 986 bhp electric supercar with wild doors...

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Lotus Theory 1 is an all-electric supercar concept powered by a 70-kWh battery pack and all-wheel drive, promising 986 bhp peak power and 402 kilometre range on a single charge.

The Lotus Theory 1 is an ‘immersive’ electric concept car with...

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Lotus has released a new concept car which aims to act as a showcase for the brand’s new design direction.The Theory 1 incorporates a three-seater setup, […]