Londian Wason finds gold, but also financial challenges, in copper foil
The maker of a key component for new energy batteries has filed for what could become the biggest New York IPO by a Chinese company in more than a year…
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,…