BYD, BYD, started building the first passenger factory in Cambodia, according to a statement issued by the Chinese embassy in the country. The new facility, located in the Sihanokville Special Economic Zone, will extend over 120,000 square meters and has an annual production capacity of 10,000 vehicles. The operations are expected to start by the … Read more
The Chinese -Chinese BYD company announced on Tuesday that it raised 5.59 billion dollars by selling the basic stocks, the largest of its kind in Hong Kong four years ago. The company sold 129.8 million basic shares, an increase of 118 million shares planned when the deal was launched on Monday. Despite the increase in … Read more
BYD, China’s largest electric car maker, gained market share as the world’s largest auto market posted its fastest growth month in 2024, leaving BYD poised to exceed its global annual sales target and overtake Ford and Honda. BYD has seen extraordinary expansion this year, ramping up capacity and executing a massive hiring spree to boost … Read more