Xpeng has invited banks to pitch for a role in an IPO that could take place in Hong Kong or the US, according to Bloomberg.
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Category: Fund Raising
The investment, which will be closed in the coming months, will be Uber's largest investment in the autonomous driving space to date.
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Nio today announced the completion of the offering of 136,800,000 class A ordinary shares at an offering price of HK$29.46 per share for a total of HK$4.03 billion.
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William Li talked about the reception of Nio's share placement, and said the company's in-house developed autonomous driving chip and operating system are open to the entire industry.
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CATL received approval from the CSRC to proceed with its listing on the main board of the Hong Kong Stock Exchange.
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The placing price is HK$335.2 per share, a 7.8 percent discount to BYD's closing price of HK$363.6 on March 3 in Hong Kong.
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BYD is offering 118 million shares at a discount of up to 8.4 percent to Monday's closing price of HK$363.60, according to Bloomberg.
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In the first three quarters of 2024, Chery achieved a net income of RMB 11.3 billion, up 58.5 percent year-on-year.
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RoboSense expects to get up to HK$1 billion from the new share placement, with 70 percent of the money to be used for research and development, with a focus on robotics.
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IM Motors plans to launch two BEV models and two EREV models in 2025, extending its model lineup to the hybrid market for the first time.
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