A BYD electric vehicle displayed at the Shanghai Auto Show on April 17, 2019. Photo: Reuters A BYD electric vehicle displayed at the Shanghai Auto Show on April 17, 2019. Photo: Reuters
A BYD electric vehicle displayed at the Shanghai Auto Show on April 17, 2019. Photo: Reuters

Chipmaking arm of Chinese electric vehicle maker BYD raises US$265 million ahead of listing

  • Investors including Sequoia, CICC Capital and SDIC Fund will get a total equity interest of about 20.2 per cent in BYD Semiconductor
  • BYD’s move to bolster its chipmaking arm comes at a time when China is scrambling for self-sufficiency in the semiconductor sector

Topic |   BYD
A BYD electric vehicle displayed at the Shanghai Auto Show on April 17, 2019. Photo: Reuters A BYD electric vehicle displayed at the Shanghai Auto Show on April 17, 2019. Photo: Reuters
A BYD electric vehicle displayed at the Shanghai Auto Show on April 17, 2019. Photo: Reuters
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