JL Mag fortified by strategic status of rare earths in U.S.-China trade war
The state-owned maker of rare earth magnets reported strong profit growth in the first quarter, reversing two years of declines Key Takeaways: As a maker of rare earth magnets that…
No longer alone at head of the NEV pack, Li Auto shows early adopters don’t always win
While it remains a leader in China’s crowded field of new energy vehicle makers, the company faces growing competition from rivals that are quickly catching up Key Takeaways: Li Auto’s…
BRIEF: Xiaomi debuts deluxe SU7 Ultra EV for $73,000
Following last year’s launch of its first electric vehicle (EV), the SU7, Xiaomi Corp. (1810.HK) on Thursday unveiled its luxury model, the SU7 Ultra, priced at 529,900 yuan ($72,932). Following…
INDUSTRY BRIEF: Nio and BYD report strong January sales gains, but Li Auto falls
Electric vehicle (EV) makers Nio Inc. (NIO.US; 9866.HK) and BYD Co. Ltd. (1211.HK; 002594.SZ) reported strong double-digit sales gains in January, but Li Auto Inc. (LI.US; 2015.HK) stumbled during the…
Jinsheng New Energy gets price volatility shock on road to IPO
Plunging lithium prices caused the NEV battery recycler’s revenue to flatten in 2023 and start contracting in the first half of last year, as it files to list in Hong…
BRIEF: Li Auto deliveries reach monthly high in December
Electric vehicle (EV) manufacturer Li Auto Inc. (LI.US; 2015.HK) announced on Wednesday its deliveries rose 16.25% year-on-year in December to 58,513 units, a new monthly high for the company. The…
Former TV magnate tries his luck at EVs with IPO plans in sight
Skyworth, once known for its televisions, is placing its bets on a foray into the country’s crowded electric vehicle market Key Takeaways: Skyworth Auto is preparing to launch a new…
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