Chinese electric vehicle maker BYD Co. will acquire a 20% st...

Spinee wrote a post · Jul 7 22:34

Chinese electric vehicle maker BYD Co. will acquire a 20% stake in its Thai official distributor Rever Automotive Co. after opening its first manufacturing plant in the Southeast Asian market.
The move is part of a joint investment agreement between the two companies, Rever Automotive said in a statement late Saturday. The joint venture will raise their competitiveness in the electric vehicle industry, Rever added.

$BYD COMPANY (01211.HK)$ $BYD Company Limited (002594.SZ)$ $NIO-SW (09866.HK)$ $GEELY AUTO (00175.HK)$ $Tesla (TSLA.US)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

11K Views

Comment

Spinee

1765Followers

4Following

12KVisitors