Tag: billion
Nio completes HK$4.03 billion new share offering
Nio, the electric vehicle (EV) maker, recently completed an offering of 136,800,000 class A ordinary shares at an…
BAIC Group, Hyundai Motor to co-invest $1.095 billion in Beijing Hyundai
BAIC Group and Hyundai Motor to Invest $1.095 Billion in Beijing Hyundai Beijing (Gasgoo)- On December 11, BAIC…
NIO raises HK$4.03 billion through share placement in Hong Kong
NIO Inc., a leading Chinese new energy vehicle (NEV) manufacturer, recently made a significant announcement on March 27th.…
Xiaomi’s EV business brings in $2.25 billion in revenue in Q4, up 71.58% from Q3
Xiaomi's innovative business, which includes electric vehicles (EVs), showed promising growth in the fourth quarter of 2024. According…
Thailand approves Sunwoda’s $1 billion investment in EV battery cell plants
Sunwoda, a prominent Chinese battery manufacturer, has recently received approval to invest in battery cell plants in Thailand.…
Gasgoo Daily: Leapmotor logs annual revenue of 32.16 billion yuan in 2024
Gasgoo Daily: Leapmotor Achieves Record Revenue of 32.16 Billion Yuan in 2024 Leapmotor recently announced its annual financial…
BYD to raise $5.6 billion in HK by new share placement
BYD, a leading new energy vehicle (NEV) maker, has recently announced a new share placement in Hong Kong…
BYD seeks to raise up to $5.2 billion in HK primary placement, report says
BYD, a leading new energy vehicle (NEV) maker in China, is looking to raise up to HK$40.7 billion…
Chinese new energy materials supplier Nanopore bags nearly 1 billion yuan in Series A+ financing
Shanghai (Gasgoo)- Yangzhou Nanopore Innovative Materials Technology Co., Ltd. (Nanopore), a leading Chinese supplier of new energy materials,…
Chinese SiC semiconductor supplier Inventchip Technology secures nearly 1 billion yuan in first tranche of Series C financing
Inventchip Technology Secures Nearly 1 Billion Yuan in Series C Financing In a recent announcement, Chinese silicon carbide…
CATL previews net income growth of up to 20% to RMB 53 billion in 2024
CATL (SHE: 300750) is projected to achieve a record net income of RMB 17 billion in the fourth…
Tesla board members officially settle excessive compensation case for nearly $1 billion
Judge Approves Settlement in Tesla Shareholder Case Over Board Compensation A settlement in a case brought by Tesla…