BYD is releasing more stock to raise capital
BYD plans to raise the equivalent of around €1.53 billion in fresh capital by issuing 50 million new shares on the Hong Kong Stock Exchange. Meanwhile, the Group is expanding sales of its Han electric sedan to a number of countries in Latin America and the Caribbean.
BYD celebrates the 1,000,000 plug-in vehicle milestone
BYD announces a milestone in the production of electric cars and plug-in hybrids: The Chinese manufacturer has now reached the mark of one million plug-in cars produced. Additionally, the market launch of the Tang model is imminent in Norway in the third quarter.
Senmiao follows up order with 500 EVs from BYD
Senmiao is a provider of automobile transaction and related services targeting the online ride-hailing industry in China. The service has now begun operating its own online ride-hailing platform and announced that it has ordered another 500 electric vehicles manufactured by BYD of a total order for around 5000 electric vehicles.
BYD slightly boosts EV sales in August
BYD sold more New Energy Vehicles in August than in July. If the sales figures of the country’s largest NEV manufacturer are taken as an indicator, the situation on the Chinese market for New Energy Vehicles could calm down a bit. For the year as a whole, however, the number of EV sales remains in […]
BYD to offer the Han electric sedan in Europe
BYD is targeting European markets and just announced to bring a second BEV here, its brand new Han electric sedan. The model was supposed to debut in April at Auto China, which was cancelled due to Covid-19 pandemic, and now will come to Europe.