Leadrive IPO taps into China’s EV export boom
The Shanghai supplier of electric-drive systems kept growing this year even as China’s domestic EV market slowed, but half its revenue depends on a single automaker Key Takeaways: Leadrive’s revenue…
Chery tiptoes into Japan with EV ‘kei’ microcar joint venture
China’s leading car exporter is targeting the insular Japanese market through a Singaporean joint venture, as the domestic car market struggles Key Takeaways: Chery’s 27% stake in a Singaporean joint…
BRIEF: iMotion’s revenue rises 160% this year through April
Smart vehicle technology maker iMotion Automotive Technology (Suzhou) Co. Ltd. (1274.HK) announced on Monday that its revenue for the four months through April surged 162.6% year-on-year to 400 million yuan…
BRIEF: Chery’s car sales skid in February
Carmaker Chery Automobile Co. Ltd. (9973.HK) said on Sunday it sold 146,173 vehicles in February, down 14.8% year-over-year. Its cumulative sales for the first two months of the year reached…
Chery zooms out of the IPO gate. Now, it needs to show investors its longer-term value
China’s leading car export brand raised more than $1 billion in its listing on Sept. 25 , with its shares up 4% in their first three trading days Key Takeaways:…
BRIEF: Chery launches blockbuster IPO likely to become this year’s largest new car listing
Car maker Chery Automobile Co. Ltd. on Wednesday launched its Hong Kong IPO, aiming to raise more than $1 billion in what’s likely to become the largest listing by a…
In ‘Warring States Era’ for smart cockpits, Megatronix bets on modular approach
After dropping its largest customer, the smart cockpit maker is trying to prove its superior profitability with a "Modularization + Multi-Domain Integration" strategy Key Takeaways: Megatronix has filed for a…
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