BYD Market Value Hits $162B with 5-Minute Battery Charge

March 18, 2025

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, […]

BYD Price Cuts Drag Down China Auto Stocks

May 26, 2025

Catenaa, Monday, May 26, 2025- China automakers stocks fell on Monday after industry leader BYD offered fresh incentives on over 20 models and Great Wall Motors CEO warned that the world’s largest auto industry was in an unhealthy state. The Hong Kong-listed shares of BYD closed 8.6% lower, while Geely Auto fell 9.5%. Others, such […]

Honda and Nissan Explore Merger to Compete in EV Market

December 18, 2024

Catenaa, Wednesday, December 18, 2024 – Japanese automotive giants Honda and Nissan have reportedly engaged in preliminary discussions about a potential merger, aimed at bolstering their competitiveness in the electric vehicle (EV) market, particularly against emerging Chinese manufacturers.  Both companies issued identical statements to the BBC, referencing their March agreement to explore strategic partnerships in […]

Tesla EV Sales In Europe Continues To Drop In April

May 27, 2025

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, […]

Xiaomi Seeks $5.3bn in Share Sale To Fund EV Expansion

March 24, 2025

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 […]