NEWS WRAP: Hesai drives beyond China in new tie-up with Germany’s Webasto
The Chinese company will supply its light detection and ranging (LiDAR) technology used in autonomous driving to the German maker of automotive roof systems By Teri Yu Automotive light…
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FAST NEWS: Goldwind drops ‘Xinjiang’ from company name
The Latest: Wind power equipment maker Xinjiang Goldwind Science & Technology Co. Ltd. (2208.HK; 002202.SZ) announced on Thursday that its shareholders approved a motion to drop “Xinjiang” from its company name. Going…
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FAST NEWS: XPeng’s EV deliveries drop 21% in April
The latest: Electric vehicle (EV) maker XPeng Inc. (XPEV.US; 9868.HK) announced Tuesday that it delivered 7,079 EVs in April this year, down 21.4% from the same month of 2022. Looking…
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FAST NEWS: NaaS Technology Announces Fundraising Plan as Backdoor Merger Nears Completion
The Latest: NaaS Technology Inc. (NaaS), operator of China’s largest independent electric vehicle (EV) charging network, said on Monday it plans to raise money through its ongoing backdoor listing on…
NAAS.US
FAST NEWS: Datang Renewable’s power generation jumps 25% in first quarter
The latest: China Datang Corp. Renewable Power Co. Ltd. (1798.HK) announced on Thursday its overall power generation in March was 3.08 million megawatt hours (MWh), up 8.99% from the same…
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FAST NEWS: CALB Slapped With $5.3 Million Patent Infringement Fine
The latest: Electric vehicle (EV) battery maker CALB Co. Ltd. (3931.HK) announced Tuesday the Intermediate People’s Court of Fuzhou City ordered it to stop selling a lithium-ion battery that infringes on…
FAST NEWS: Daqo New Energy’s Profit Rises 11% in Third Quarter
The Latest: Polysilicon maker Daqo New Energy Corp. (DQ.US) on Thursday reported its revenue roughly doubled year-on-year to $1.2 billion in the third quarter, while its profit rose by a…
