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, […]

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 […]

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 […]