BEIJING (Reuters) - BYD Co Ltd plans to use funds raised in a potential private placement to boost battery production capacity and develop new models, said the Chinese automaker backed by billionaire Warren Buffett's Berkshire Hathaway Inc .
China's Byd Says Plans Fundraising To Boost Battery Capacity, New Models
Reuters: Business News, Reuters: Business
Tue, 05/26/2015 - 9:28pm
BING NEWS:
- Battery costs have dropped 90% in under 15 years giving renewables a boost, new IEA report reveals
To hit our 2030 energy goals, global storage capacity needs to increase sixfold. Batteries will do most of the heavy lifting.
05/2/2024 - 5:00 am | View Link - Nissan unveils plans to mass-produce EVs with next-generation battery technology to catch up to Tesla and BYD: 'A game-changer for making EV sales grow explosively'
"We are finally in the phase of scaling up on our all-solid-state battery line." Nissan unveils plans to mass-produce EVs with next-generation battery technology to catch up to Tesla and BYD: 'A ...
04/29/2024 - 11:30 pm | View Link - Goldman Sachs says escalating price war in China’s EV market could ensnare BYD, push sector into losses
Further discounts offered by carmakers in a price war in mainland China’s electric vehicle (EV) market could ensnare even the likes of top seller BYD, Goldman Sachs said. Its net profit could ...
04/24/2024 - 11:31 pm | View Link - China's BYD names electric pickup truck BYD Shark
SHANGHAI, April 22 (Reuters) - Chinese electric vehicle maker BYD said on Monday its electric ... lines as it retreated from more ambitious plans to produce an all-new model that had been expected ...
04/21/2024 - 1:00 pm | View Link - Yellen meets with China's central bank chief, presses case on excess capacity
She has argued that Chinese state support has led to production capacity that far exceeds domestic demand, and the exports will threaten jobs in the U.S. and other countries. Yellen spoke about ...
04/7/2024 - 4:22 pm | View Link - More
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