Etiqueta: News
Stellantis-backed Leapmotor teams up with FAW to jointly develop NEVs
Stellantis-backed Leapmotor signed the Memorandum of Understanding (MOU) on strategic cooperation with the state-owned automaker FAW Group
The post Stellantis-backed Leapmotor teams up with FAW to jointly develop NEVs appeared first on CarNewsChina.com.
BYD shares nosedive after US$5.2 billion placement announcement
The EV maker’s rationale for the share sale is reasonable, despite the short-term share-price drop on the news, an analyst says.
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.
BYD Raises $5.6 Billion in Upsized Hong Kong Share Sale
(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
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.
China’s EV Giant BYD Looks to Raise $5.2 Billion in Share...
BYD plans to raise $5.2 billion through a share sale in Hong Kong to fund its overseas expansion and research and development efforts.
BYD Seeks $5.2b in biggest Hong Kong share sale in four...
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 and Arval Launch BYD Lease
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
