Tag: billion
China allocates 300 billion yuan in special bonds to boost equipment upgrades, consumer goods trade-in programs
China Allocates 300 Billion Yuan in Special Bonds to Boost Equipment Upgrades and Consumer Goods Trade-In Programs China's…
Xiaomi’s EV business brings in $2.5 billion in revenue in Q1, up 11% from Q4
Xiaomi's electric vehicle (EV) business continues to show impressive growth, even during a slow season for the industry.…
AVATR Technology acquires 10% stake in Huawei’s Yinwang for 11.5 billion yuan
Changan Automobile Acquires 10% Stake in Huawei's Yinwang for 11.5 Billion Yuan Beijing (Gasgoo)- Changan Automobile recently announced…
Xiaomi’s innovative business including Xiaomi EV posts revenue of 6.4 billion yuan in Q2 2024
Xiaomi Group Reports Strong Revenue Growth in Q2 2024 Beijing (Gasgoo)- Xiaomi Group recently announced its financial results…
BAIC BluePark posts semi-annual revenue of 3.714 billion yuan in H1 2024
BAIC BluePark Reports Decline in Revenue and Widened Losses for H1 2024 BAIC BluePark New Energy Technology Co.,…
Nissan scraps +$1 billion EV plant and more as alarm bells go off
Nissan has recently made a significant decision to abandon plans for a new EV battery plant in Japan…
CATL to raise up to $4 billion in HK listing, trading to start on May 20
CATL (SHE: 300750) is gearing up for its upcoming Hong Kong listing, with plans to raise up to…
SAIC Mobility raises over 1.3 billion yuan in Series C funding
Shanghai (Gasgoo)- SAIC Mobility, the leading mobility service brand under SAIC Motor, recently announced the successful completion of…
Nissan scraps +$1 billion EV battery plant as the alarm bells go off
Nissan Scraps Plans for New EV Battery Plant in Japan Nissan, the Japanese automaker, is facing challenges as…
Ford warns Trump tariffs will cost $2.5 billion, withdraws guidance
Ford reported its first-quarter earnings, exceeding Wall Street's revenue and EPS expectations. However, due to the uncertainty surrounding…
CATL seeks $1 billion loan for Indonesia plant expansion, report says
CATL, a leading Chinese battery manufacturer, is making significant moves in Indonesia with plans to build a battery…
Mercedes-Benz to invest over 14 billion yuan in China for expanded local production
Mercedes-Benz Group has recently announced a major investment plan in China, partnering with local collaborators to expand its…