Intensifying competition, falling prices push Zhida Technology to wider loss
Electric vehicle charging equipment maker Shanghai Zhida Technology Development Co. Ltd. (2650.HK) said on Monday that its revenue for the six months through June fell 13.3% year-on-year to 340 million…
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…
Ganfeng rediscovers profitability as volatile lithium prices test its mettle
Rebounding lithium prices returned the miner to the black this year, but falling spot prices and planned supply restarts are testing the durability of its rebound Key Takeaways: Ganfeng Lithium…
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…
