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 ...
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BYD launches sales in KazakhstanChina’s largest new energy vehicle manufacturer BYD Auto officially entered the Kazakhstan market last week in partnership ...
During a recent interview in Germany, BYD executive vice-president Stella Li revealed that in the next 18-24 months, the ...
As part of a collaboration, Chinese automaker BYD and drone specialist DJI this week unveiled the Lingyuan ‘in-car drone system’ during a launch event in Shenzhen, the aim of which, according to ...
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Researchers tore down a Tesla and BYD battery to see which one’s betterWhen it comes to raw energy storage, Tesla’s 4680 cell has a clear advantage in both gravimetric and volumetric energy ...
BYD, the Chinese EV giant and Tesla's arch rival, unveiled a vehicle-mounted drone system that lets drivers deploy the gadget ...
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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 world's largest electric vehicle manufacturer, is weighing the possibility of building a third factory in Europe.
BYD exec Stella Li described China as “the homeland for innovation” in the car industry. The company’s sales grew more than ...
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