BRIEF: Voyah deliveries jump over 50% in April
Electric vehicle (EV) manufacturer Voyah Automobile Technology Co. Ltd. (7489.HK) on Sunday reported it delivered 15,146 new cars in April, up 51% year-over-year. That took its cumulative new vehicle deliveries…
Lotus profit metrics improve, but road ahead still looks tough
The Geely-owned luxury green-car maker reduced its net loss last year even as its sales plunged, highlighting difficulties of operating in a fiercely competitive market Key Takeaways: Geely-owned Lotus Technology’s…
Razor-thin margins slice holes in Leapmotor’s inaugural profit
The electric vehicle maker impressed investors by reporting its deliveries doubled last year, as it achieved its first-ever annual profit Key Takeaways: Leapmotor recorded an annual net profit of 540…
ZO Future pivots from Birmingham blunder to NEV longshot
The company booked a paper profit by offloading its money-losing soccer club, but its cash-burning new energy commercial vehicle business is in an equally difficult league Key Takeaways: ZO Future…
EV dealer AoChuang charges up Nasdaq IPO
The company has quadrupled the size of its listing plan to comply with new Nasdaq rules requiring a minimum of $25 million in fundraising Key Takeaways: AoChuang Holdings has sharply…
With BYD backing, autonomous EV mining truck maker Boonray drives toward IPO
The Shanghai-based company is second only to Eacon Group in autonomous mining solutions and first in self-driving electric mining trucks Key Takeaways: Boonray has filed for a Hong Kong IPO,…
After winning global EV crown, BYD faces new challenge with profitability test
China’s EV giant overtook Tesla in unit sales last year, but margin pressure, overseas risks and a controversial financing model raise questions on whether it can still deliver shareholder value…
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