Sputtering WM Motor hopes for recharge from new U.S. listing with Kaixin – Part 2
The two troubled companies signed a tentative merger plan last week, even as China’s NEV sector undergoes a painful consolidation Key Takeaways: Kaixin Auto aims to become a new energy…
KXIN.US
Appotronics powers up for drive into smartcars
The display laser maker has signed deals with BYD and BMW, and believes smartcar-use products could account for up a ‘significant’ portion of its sales next year Key Takeaways: Display…
688007.SHG
Sputtering WM Motor changes lanes with new U.S. listing plan – Part 1
Following the collapse of its Hong Kong backdoor listing, the new energy vehicle maker is pinning its hopes on a potential merger with the U.S.-listed Kaixin Auto Key Takeaways： WM…
Big depreciation nips Goldwind in disposal plan for self-developed wind farm
The wind power equipment giant said it will raise 881 million yuan by spinning off a wind farm it built in Jiangxi province, far less than the facility’s assessed value…
2208.HK
002202.SHE
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…
HSAI.US
Daqo gets scorched by tumbling polysilicon prices
The maker of the key ingredient used in solar panel production announced the departure of its top two officials as it reported its revenue fell 50% in the second quarter…
DQ.US
688303.SHG
Autohome shifts into brighter lane of shaky China auto market with NEV, used car focus
The online car trader’s profit grew 16% in the second quarter, helped by sales of electric vehicles and used cars, the two most promising segments of China’s car market Key…
ATHM.US
2518.HK
