Stay updated with breaking news from Individual Car. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
BEIJING: Chinese electric carmaker Nio said on Monday it had raised $2.2 billion that will see Emirati investment company CYVN increase its stake in the firm to 20.1 percent.
BEIJING: BYD, China's leading electric carmaker, said on Monday its half-year net profit had tripled based on record demand.
BYD, China's leading electric carmaker, said on Monday its half-year net profit had tripled based on record demand.Based in southern China's tech hub Shenzhen, BYD ceased production of gasoline-powered cars last year, and is now focusing exclusively on hybrid and electric models.