Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement

Canada retaliates, places tariffs on $107 billion of US imports

Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement

Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement · The Wall Street Journal

Kimberley Kao

Mon, Mar 3, 2025, 5:59 PM 2 min read

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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.

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