China’s Zeekr to raise $500m in US IPO
China's Zeekr electric vehicle has resumed plans to raise up to $500 million in a New York initial public offering…
Browsing Tag
auto industry
Xiaomi’s stocks soars after launching 1st EV
Xiaomi's stock surged 16 per cent on Tuesday after the launch of its new electric vehicle, despite forecasts of…
Xiaomi’s 1st EV receives 88.8k pre-orders in 24-hour
Xiaomi’s debut electric sedan, the SU7, faces soaring demand with pre-orders exceeding 88,898 in just 24 hours, as…
China’s commercial auto output grows 9% in Jan-Feb
China's commercial vehicle production and sales showed robust growth in the first two months of 2024.
Toyota posts 7% rise in global output for Jan.
Toyota Motor reported a seven per cent increase in global vehicle production in January, marking the 13th…
Chinese firm sells $250m bond to support LGFV
China’s Guizhou Hongyingda Construction Project Management Co. issued a 1.8 billion yuan ($250 million) five-year…
Cadillac Electric SUV available only online in France
US automaker General Motors (GM) unveiled its luxury electric Cadillac Lyriq in France, expanding its European…
VinFast asks for India EV import duty cut
Vietnamese electric vehicle manufacturer VinFast has made a request to India for a reduction in import duties on…
BAIC’s EV brand to launch first Huawei-backed sedan in ’24
BAIC BluePark New Energy Technology, the electric vehicle arm of Beijing Automotive Group (BAIC), is set to launch…
China’s BYD plans to build new EV plant in Mexico
China's top electric vehicle manufacturer, BYD, is considering establishing a plant in Mexico to serve as an export…