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

Topics

BYD’s Free Self-Driving Tech Might Not Be Such a Boon After All

Aside from unfavorable comparisons to rival advanced driver systems, calling it God’s Eye could be as misleading a moniker as Tesla’s Full Self-Driving.
Wired - Feb. 23
China's EV maker XPeng eyes doubling global presence by year's end

Yahoo News - Feb. 22
After abrupt departure of Lucid CEO, here are the EV maker's top priorities

Interim CEO Marc Winterhoff said Lucid's top priorities include doubling vehicle production in 2025, narrowing losses and increasing customer awareness.
CNBC - 4d
Hyundai counts on Inster to reverse steep EV sales slide in Europe

Yahoo News - Feb. 24
Tesla shares slump after European sales fall

Shares in the US electric carmaker dropped after European sales halved in January.
BBC News - 6d
Lucid CEO steps down; EV maker plans to more than double production in 2025

Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units.
NBC News - 6d
Lucid CEO steps down; EV maker plans to more than double production in 2025

Lucid said Marc Winterhoff, currently the company's chief operating officer, has taken over as interim CEO.
CNBC - 5d
Chinese EV startup Xpeng delivers over 30,000 cars for a fourth straight month

Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth straight month in February, amid tepid growth in the market.
CNBC - 1d
Chinese investment surge into Vietnam raises risk of Trump retaliation

Shifts to avoid trade war have increased Hanoi’s vulnerability as surplus with US has grown
Financial Times - Feb. 25

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