BYD to raise $5.6 billion in HK by new share placement
The placing price is HK$335.2 per share, a 7.8 percent discount to BYD's closing price of HK$363.6 on March 3 in Hong Kong.
Leapmotor, FAW tie up to jointly develop NEVs
Leapmotor and FAW will work together on joint development of passenger NEVs and parts cooperation, and explore the feasibility of deepening capital cooperation.
BYD seeks to raise up to $5.2 billion in HK primary placement, report says
BYD is offering 118 million shares at a discount of up to 8.4 percent to Monday's closing price of HK$363.60, according to Bloomberg.
Xpeng to report Q4 2024 earnings on Mar 18
Xpeng delivered a record 91,507 vehicles in the fourth quarter, exceeding the upper end of its guidance range of 87,000 to 91,000 vehicles.
GAC chairman calls for greater policy support for battery swap in China
The battery swap business model is in line with China's carbon peak and carbon neutral strategies, and can solve EV charging difficulties, said GAC's chairman.
Xpeng to officially launch updated G6 SUV next week
Production of the 2025 G6 will be very limited in the first month because of the supply chain, and Xpeng is trying to address the issue, its CEO said.
Li Auto to launch Li i8 electric SUV in Jul, shares 1st teaser video
The Li i8 is Li Auto's first all-electric SUV and second all-electric model after the Li Mega MPV.
Nio ET9 finishes 3rd round of winter test, deliveries to start later this month
The ET9 has entered the final stages of preparation before delivery, as production cars begin to be shipped to Nio's stores in China.
Xiaomi starts deliveries of SU7 Ultra as orders hit 19,000 units
The SU7 Ultra has a starting price of RMB 529,900 ($72,750). In China, 121,000 sedans priced at over RMB 500,000 were sold in 2024.
BYD teams up with DJI to launch Ling Yuan automotive drone system
The system integrates a drone with the vehicle, thus giving the vehicle a vertical field of view.
