Tag: Al Futtaim Group
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BYD’s $5.6 Billion Share Sale to Power Worldwide Expansion
The Chinese electric vehicle giant BYD raised $5.6 billion in the largest Hong Kong share sale in four years. The cash injection will boost BYD’s “capacity to further advance its technological capabilities and accelerate its overseas expansion,” according to the filing. ...
The electric bus that the School of Nations in Kenya acquired from BasiGo. The refurbished bus is an indicator of the potential of the second-hand vehicle market for EVs. Photo / BasiGo
This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service. Different forms of electric vehicle (EV) technology innovations are occurring in different African countries. As newer technology arrives, there is a small shift in ...
BYD’s $5.6 Billion Share Sale to Power Worldwide Expansion
The Chinese electric vehicle giant BYD raised $5.6 billion in the largest Hong Kong share sale in four years. The cash injection will boost BYD’s “capacity to further advance its technological capabilities and accelerate its overseas expansion,” according to the filing. ...