BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 billion) to deal with fierce competition at home and to expand abroad.

BYD Company Limited, the world's leading electric vehicle manufacturer for three consecutive years announced a significant capital raise through a placement of new H shares to fund its ambitious global expansion plans and research initiatives.

BYD, the world's largest electric vehicle manufacturer, is weighing the possibility of building a third factory in Europe. The company, which already has production sites underway in Hungary and Turkey, aims to solidify its foothold in the region as tariffs on Chinese-made EVs complicate its entry into the market.

Truist Financial Corp grew its holdings in Boyd Gaming Co. (NYSE:BYD – Free Report) by 20.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,

BYD adds a new drone system to autonmous driving system as a new premium feature for its EVs, teams with Chinese drone company DJI.

Aside from unfavorable comparisons to rival advanced driver systems, calling it God’s Eye could be as misleading a moniker as Tesla’s Full Self-Driving.

BYD (BYDD.F-6.66%) is a pioneer and industry leader in clean energy vehicles. The Chinese company manufactures electric vehicles (EVs) and plug-in hybrid vehicles, as well as electric buses ...

BYD partners with DJI to introduce the Ling Yuan system, a roof-mounted drone for select models, enabling aerial footage on the go.

The company is offering 118 million shares at HK$333 to HK$345 each, according to terms of the deal seen by Bloomberg.

Stock analysts at Stifel Canada cut their FY2024 earnings per share (EPS) estimates for shares of Boyd Group Services in a research report issued to clients and investors on Sunday, March 2nd. Stifel Canada analyst D.