PODCAST: An EV Newbie Goes to Wall Street, and a Bubble Tea Giant to Hong Kong
By Doug Young & Rene Vanguestaine EV maker Zeekr, owned by car giant Geely, has filed for a New York IPO to raise as much as $1 billion. But with…
NaaS zooms ahead with growing focus on EV infrastructure operators
China’s leading provider of electric vehicle charging services said its revenue rose more than 500% in the third quarter, and added the figure could grow as much as six-fold next…
NAAS.US
PODCAST: A Xi-Biden Summit Takes Shape, and Stellantis Rescues an EV Startup
By Doug Young & Rene Vanguestaine A summit between Xi Jinping and Joe Biden is looking increasingly likely after China’s foreign minister traveled to Washington last week. But will such…
PODCAST: The EU investigates Chinese EVs, and foreign investors flee China
By Doug Young & Rene Vanguestaine The European Union has launched an anti dumping probe into Chinese EVs, saying they may benefit from unfair government support. Will this kill a…
China’s EV sector at crossroads as Nio joins bloody price war
Price cuts by smaller new energy vehicle makers like Nio have done little to stem their loss of market share to larger rivals like BYD and Tesla Key Takeaways: Nio…
NIO.US
9866.HK
Leapmotor Steps on Cash-Burn Accelerator as Sales Flag
The new energy vehicle (NEV) maker burned through 2.6 billion yuan in cash in the first quarter, leaving it with 8.9 billion yuan in its coffers at the end of…
9863.HK
Ganfeng Lithium undermined by sinking prices, Chilean nationalization
The lithium producer's profits could get squeezed this year as prices for the metal continue to sag and fallout spreads from Chile’s recent decision to nationalize its lithium mines Key…
1772.HK
002460.SHE