Chinese EV Maker BYD To Raise $5.6 Billion To Fund Global Expansion
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.
The Chinese EV Maker Threatening Ford and GM
Lei Jun set out to build the “Apple of China.” Xiaomi’s car business is now outpacing Tesla and Rivian.
Chinese EV maker BYD raises $5.6bn in share sale to drive overseas expansion
Tesla rival says follow-on Hong Kong offering is the biggest in the global automotive sector in a decade
EV-maker BYD seeks to raise $5.2 billion with share sale
The Chinese electric vehicle-maker plans to use proceeds from the share sale for investments in research and development.
Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement
The Chinese automaker plans to raise $5.6 billion via a share placement to enhance investments in cutting-edge technology and strengthen its competitive edge over rival Tesla.
Chinese EV maker BYD announces share sale, floats Tesla collaboration
The electric vehicle maker has launched Hong Kong’s biggest listing in four years as it seeks cash for overseas expansion. View on euronews
BYD raises up to US$5 bln in its biggest post-IPO funding for research and global growth
The carmaker will use the proceeds from the share placement for research and development and overseas expansion.
阿思達克財經網17h
Lei Jun Advocates Stricter Governance of 'AI Face-Swap & Voice Simulation' Infringement, Mass Production of Unmanned Driving
Lei Jun Advocates Stricter Governance of 'AI Face-Swap & Voice Simulation' Infringement, Mass Production of Unmanned Driving ...
Xiaomi 15 Ultra may be this year’s best looking phone as CEO reveals design
The Xiaomi 15 Ultra's fantastic design, which takes inspiration from classic Leica cameras, has been officially revealed by ...
Electrek3d
Meet the Xiaomi SU7 Ultra, the luxury Chinese EV everyone’s talking about
Xiaomi’s first electric vehicle, the SU7, took the market by storm, securing nearly 250,000 orders in just nine months.
阿思達克財經網20h
Lei Jun: Xiaomi’s Wuhan Smart Home Appliance Factory Anticipated to Begin Production by Yr-End
Chairman and CEO Lei Jun announced that the construction of Xiaomi’s smart home appliance factory in Wuhan is progressing ...
Tesla Rival Xiaomi Slashes Luxury EV Price By 35% To Challenge Model S, Porsche In China
Xiaomi cut the price of its luxury electric sedan SU7 Ultra by 35% to 529,900 yuan ($72,932) from 814,900 yuan ($111,842).
China's Xiaomi Prices Luxury Electric Sedan 35% Lower Than Initially Promoted
BEIJING (Reuters) -China's Xiaomi on Thursday slashed its initial sticker price for its luxury electric sedan SU7 Ultra by ...
NPC deputies, CPPCC members call for stronger governance on AI deepfakes, voice cloning to stop disinformation
The governance of artificial intelligence (AI) comes under spotlight at China's 2025 two sessions as the NPC deputies and the CPPCC members advocate for cracking down on illegal activities by using AI ...
阿思達克財經網1d
Lei Jun: Xiaomi SU7 Ultra Receives 19K+ Orders w/ 80%+ From Luxury Car Upgrade and Replacement Users
Lei Jun, founder, chairman, and CEO of XIAOMI-W (01810.HK), revealed the latest sales figures for the mass-produced version ...