Seres auto sales tumble in September
Car manufacturer Seres Group Co. Ltd. (9927.HK) on Thursday said it sold 32,218 vehicles in September, down 33.28% year-on-year. The company sold 283,161 vehicles in the first nine months of…
Hongli announces new chairman, departure of independent director
Cold rolled steel producer Hongli Group Inc. (HLP.US) on Tuesday announced a change in its chairman and resignation of one of its independent directors, citing personal reasons for both moves.…
Niu Technologies’ shipments rise 15.4% in third quarter
Electric scooter maker Niu Technologies (NIU.US) said on Monday its shipments rose 15.4% in the third quarter to 537,457 units from 465,873 a year earlier, as triple-digit gains for its…
Hong Kong-listed automakers’ market value halves this year: CPCA
Hong Kong-listed automakers had a combined market value of 870 billion yuan ($129 billion) in September, down 11% month-on-month and down by half year-on-year, the China Passenger Car Association said…
ZO Future returns to the black in latest fiscal year
NEV brand ZO Future Group (2309.HK) said on Friday it expects to report a profit of up to HK$120 million ($15.3 million) for its fiscal year through June, reversing a…
Nio and Geely in battery swapping and charging deal
Electric vehicle (EV) maker Nio Inc. (NIO.US; 9866.HK) announced on Monday that it has entered into definitive agreements with subsidiaries of Zhejiang Geely Holding Group Co. Ltd. covering the battery…
Xinyi Energy to spin off new energy fund for separate listing
Solar and wind farm operator Xinyi Energy Holdings Ltd.(3868.HK) said on Sunday that it will spin off its XYE New Energy Fund for a separate listing on the Shenzhen Stock…
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