Catenaa, Tuesday, March 18, 2025- The shares of Chinese electric vehicle maker BYD jumped to a record on Tuesday, passing the $162 billion market value, after the company unveiled a line-up of electric vehicles that can charge in five minutes. BYD’s stock climbed as much as 4.36% by 3,30 in the afternoon in Hong Kong, […]

Catenaa, Friday, March 07, 2025- China top tech stocks have added $ 439 billion to the market so far in 2025, outperforming US magnificent seven stocks, a report from Bloomberg said on Friday. The report said an equal-weighted basket of China’s seven tech heavyweights including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. — dubbed the “7 titans” […]

Catenaa, Tuesday, April 22, 2025- China’s automobile exports expanded by 16% in the first quarter with recovery of the global auto market and EV brand expansion. China Passenger Car Association Secretary General Cui Dongshu said in a WeChat post on Tuesday that China’s automobile exports reached 1.54 million units in the first quarter of the […]

Catenaa, Thursday, March 27, 2025-Chinese automaker BYD surpassed Tesla in total electric vehicle sales, including hybrids, delivering a record 4.3 million vehicles in 2024, the company announced recently.  While Tesla sold 1.79 million battery EVs last year, BYD was close behind with 1.76 million. However, its hybrid sales gave it a commanding lead in the […]

Catenaa, Tuesday, March 04, 2025– Significant portion of China’s leading electric vehicle maker BYD $ 5.6 billion stock offering has been grabbed by long term investors, Bloomberg reported on Tuesday, displaying confidence in the company.  Quoting people familiar with the matter, the report said “Long-only” funds alone received at least $1.5 billion worth of shares in […]

Catenaa, Tuesday, May 27, 2025- Tesla sales performance in Europe continues to deteriorate as sales collapsed by 49% in April, data released on Tuesday showed, with Model Y continuing to fail. Data released by the European Automobile Manufacturers Association (ACEA) shows that the EV maker continues to battle a brand crisis in its third-largest market, […]

Catenaa, Wednesday, March 19, 2025-Tesla sales in Germany plummeted 76% in February as the electric vehicle maker faced backlash over CEO Elon Musk’s political ties and increasing competition in Europe’s biggest economy. According to the German Federal Motor Authority, Tesla sold just 1,429 vehicles last month despite a 31% rise in overall EV sales. Year-to-date, […]

Catenaa, Wednesday, March 19, 2025-Tesla shares fell another 5% Tuesday, continuing a steep downward trend as Wall Street analysts raised concerns about the electric vehicle maker’s global sales and competitive standing, particularly in China. The stock’s decline follows a 5% drop on Monday, extending a losing streak that could mark nine consecutive weeks of losses. […]

Catenaa, Monday, March 24, 2025- Xiaomi is offering a share sale seeking to raise $5.3 billion to capitalize on the rally around Chinese stocks to expand its EV business, a Bloomberg report said on Monday. The EV and mobile maker is offering 750 million shares at HK$52.80 to HK$54.60 apiece, according to terms of the […]