Wang Chuanfu, founder of Chinese EV giant BYD, got a prime seat in Monday’s meeting with Xi Jinping, meant to show Beijing’s renewed commitment to its beleaguered tech sector. The Chinese carmaker has gone from strength-to-strength in recent years,

Geely says AI-powered pilot system would be added to all of its brands, including Galaxy, Zeekr and Lynk Geely Auto, mainland China’s second-largest carmaker, said it would add its indigenous artificial intelligence (AI)-powered pilot system to vehicles from all of its brands,

Korea's first fully electric pickup will roll out in various markets around the world including Europe, UK, and Australia

China's electric vehicles are around three to five years ahead of the competition in terms of products, technology and the industrial chain, BYD's CEO Wang Chuanfu said in an interview with China's national television broadcaster.

Tesla (NASDAQ: TSLA) risks losing ground in China as local EV makers, including BYD, advance AI-driven autonomous driving and vehicle integration. Trade tensions and potential tariff escalations could threaten Tesla’s China operations,

BYD Company (BYDDY, BYDDF) is advancing 3.5% today after JPMorgan raised its price target on the China-based automaker’s shares by over 60%. The bank increased its price targets on BYD’s China-based and Hong Kong-based stocks by more than 60%,

Read about China’s electric-vehicle sector, Grab and more in the latest Market Talks covering the Auto and Transport sector.

The Chinese automaker plans to raise $5.6 billion via a share placement to enhance investments in cutting-edge technology and strengthen its competitive edge over rival Tesla.

Chinese electric vehicle maker BYD has raised $5.59 billion in a primary share sale that was increased in size, according to a term sheet seen by Reuters on Tuesday, the largest of its kind in Hong Kong in four years.

Chinese electric vehicle maker BYD Co. has raised HK$43.5 billion ($5.6 billion) after selling 10% more shares than planned, according to people familiar with the matter, in Hong Kong’s biggest share sale in nearly four years.

The Chinese electric vehicle-maker plans to use proceeds from the share sale for investments in research and development.

Chinese electric vehicle maker BYD , has launched a sale of its Hong Kong shares to raise up to $5.2 billion via an accelerated book-building, according to a deal term sheet seen by Reuters on Monday.