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More electric BYDs expected

BYD Auto Australia intends releasing four to six BYD models during the next two years, the first being an Australian variant of the electric SUV Yuan Plus for which details and pre-ordering are likely by late February.

Online used car platform strengthens global footprint

Online used car e-commerce platform CARS24 Australia has announced the closing of a USD$400 million round of funding. It includes a USD$300 million equity round alongside USD$100 million debt from diversified financial institutions.