Suntien picks up as it digests massive wind power buildup
The wind farm operator said its power generation stabilized in the second half of last year as it curbed its spending on new projects Key Takeaways: Suntien Green Energy said…
Lopal steers back towards profitability after tough two years
The maker of cathode materials for lithium iron phosphate batteries appears to be on the mend after slipping into the red in 2023 and 2024 Key Takeaways: Lopal said it…
Jinsheng New Energy gets price volatility shock on road to IPO
Plunging lithium prices caused the NEV battery recycler’s revenue to flatten in 2023 and start contracting in the first half of last year, as it files to list in Hong…
IM Motors steers clear of EV shockwaves with funding deal
The SAIC Group’s electric vehicle unit has secured its financial base despite disappointing car sales and jitters over the abrupt collapse of a rival firm Key Takeaways: IM Motors raised…
Former TV magnate tries his luck at EVs with IPO plans in sight
Skyworth, once known for its televisions, is placing its bets on a foray into the country’s crowded electric vehicle market Key Takeaways: Skyworth Auto is preparing to launch a new…
CATL leads new charge of Mainland-listed companies into Hong Kong
The world’s largest EV battery maker, which is already listed in Shenzhen, is reportedly exploring an IPO to raise $5 billion or more from a second listing in Hong Kong…
GM’s China Charge, and Nvidia’s Antitrust Probe
GM takes a $5 billion charge related to its struggling China business. And China probes Nvidia for antitrust behavior in a 4-year-old chip acquisition By Doug Young & Rene Vanguestaine…