Microvast zooms with turbocharged margin gains
The EV battery maker reported a huge increase in its gross profit margin last year, a significant achievement that can help it stand out in a crowded field Key Takeaways:…
BRIEF: CATL in talks to acquire Nio’s battery-swapping unit
Battery giant CATL (300750.SZ) is planning to acquire electric vehicle (EV) maker Nio’s (NIO.US; 9866.HK) battery-swapping unit, Nio Power, according to Reuters, citing unnamed sources familiar with the matter. It…
BRIEF: CATL gets Chinese regulatory nod for Hong Kong listing
Leading electric-vehicle (EV) battery maker Contemporary Amperex Technology Co. (300750.SZ), or CATL, received a listing approval notice from the China Securities Regulatory Commission (CSRC) on Tuesday — a necessary step…
BRIEF: Strong growth, greater efficiency charge up CALB’s annual profit
Lithium-ion battery maker CALB Group Co. Ltd. (3931.HK) announced on Monday it expects to report its 2024 net profit rose 80% to 100% to between 786 million yuan ($108.5 million)…
CATL to recharge its offshore output with new shares
The world’s leading maker of electric car batteries has filed for a secondary listing in Hong Kong, aiming to boost its production capacity outside China Key Takeaways: The company 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…
BRIEF: Tencent, CATL added to U.S. Defense Department blacklist
Internet giant Tencent (0700.HK) and leading electric vehicle (EV) battery maker CATL (300750.SZ) were among 134 Chinese companies whose names appeared on an updated version of a blacklist published Monday…
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