Etiqueta: News

(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

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

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

Chinese electric vehicle maker BYD is aiming to raise as much as 40.7 billion Hong Kong dollars ($5.2 billion) in what would be Hong Kong’s biggest share sale in nearly four years. The company is offering 118 million shares at 333 to 345 Hong Kong dollars each, according to terms of the deal seen by Bloomberg News. That implies a discount of up to 8.4 percent to BYD’s closing price on Monday, according to Bloomberg calculations. The transaction marks Hong Kong’s biggest share sale since food-del

BYD UK and Arval UK have teamed up to launch BYD Lease, a new service that makes BYD’s electric and plug-in hybrid vehicles more accessible to customers

Chinese electric vehicle (EV) giant BYD ($BYDDY) ($HK:1211) is raising about $5.2 billion through a share sale in Hong Kong, Reuters reported. This move is part of ...

The company is offering 118 million shares at HK$333 to HK$345 each, according to terms of the deal seen by Bloomberg News. That implies a discount of...

Chinese EV giant BYD Co sold 318,233 new energy passenger vehicles in February, marking a jump of 161.4% from last year, thanks to a major jump in plug-in hybrid passenger vehicle sales, the company said on Sunday.