China's BYD raises $5.59 billion in share sale
BYD’s share sale spotlights Hong Kong’s revival
BYD’s fundraising echoes the approach taken by many Chinese companies including Anta Sports, which raised $1.5bn in Hong Kong in a follow-on offering in 2023, to strengthen its financial position and accelerate its global expansion. Its subsidiary Amer Sports also pushed further into global markets, listing in the US last year.
BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 ...
BYD global EV sales jumped 56% in the first two months of this year, potentially putting it within arm’s reach of Musk’s ...
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BYD Secures Major Funding Amid Global Expansion & EV Boom: Buy Now?BYDDY secures record funding to boost EV growth, expand globally and invest in advanced tech, strengthening its position in ...
BYD, the Chinese EV giant and Tesla's arch rival, unveiled a vehicle-mounted drone system that lets drivers deploy the gadget ...
The electric vehicle maker has launched Hong Kong’s biggest listing in four years as it seeks cash for overseas ...
BYD has integrated a drone launching platform into its vehicles –and that's both impressively sci-fi and a slight worry for road safety, ...
BYD, the world's largest electric vehicle manufacturer, is weighing the possibility of building a third factory in Europe.
Chinese automaker BYD has launched the Ling Yuan system, which adds a drone docking station on the roof of its vehicles. The new optional feature allows owners to capture aerial shots and videos of ...
China’s largest NEV manufacturer BYD Auto officially entered the Kazakhstan market last week in partnership with local ...
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Tesla vs. BYD: Engineers rip apart rival EV batteries to unlock design secretsBatteries are the most expensive component of an EV and the most critical one. A lot of anxiety related to adopting an EV ...
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