Nio’s road to profitability obscured in haze of losses
The NEV maker’s sales fell short of expectation and its losses continued to widen in the first quarter, even as founder Li Bin outlined a route to profitable by year-end…
RoboSense steers towards profits as LiDAR gains traction
The maker of sensors for assisted driving and robotics suffered a revenue dip in the first quarter but moved closer to its breakeven target Key Takeaways: The company managed to…
Zeekr’s buyout stalls, and Chagee’s returns cool
A group of early investors in NEV maker Zeekr have protested a recent privatization bid for the company, saying it's too low. Will the buyer heed their complaints and raise its offer? And Chagee's maiden quarterly results show its revenue grew at just half the rate of its new store openings. What's behind the evaporting returns?
Zeekr privatization hits a speed bump
At least six of the new energy vehicle maker’s minority shareholders have sent letters to the NEV maker saying a proposed privatization price is too low Key Takeaways: Six minority…
Russia’s Chinese car indigestion, and the fall of a Chinese chip magnate
After zooming over the last few years, China's car exports to Russia skidded by 44% in the first quarter. What put on the brakes? And former microchip superstar Zhao Guowei has been sentenced to death for waste and corruption. What led to his downfall?
Zeekr gets set to drive off Wall Street, just a year after arriving
The company’s proposed privatization is part of an ongoing effort by parent Geely to consolidate its many listed units Key Takeaways: Zeekr has received a privatization bid from Hong Kong-listed…
Janbon makes contrarian IPO application into solar storm
The maker of a key component for solar cells remained profitable last year, even as many of the industry’s more downstream players sank into the red Key Takeaways: Janbon High…
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