Motor veteran Broad-Ocean drives towards new image as NEV champion
The company is seeking a Hong Kong listing, reporting its profit doubled in the last three years on rising sales of its auto-tech, from garage door remotes to EV powertrains…
BRIEF: EV maker Series gets CSRC nod for Hong Kong listing
Electric vehicle (EV) maker Seres Group Co. Ltd. (601127.SH) received regulatory approval from the China Securities Regulatory Commission (CSRC) for its planned Hong Kong IPO, according to a Thursday notice…
BRIEF: Buffett sells BYD stake after 17-year holding, netting huge gain
Berkshire Hathaway, controlled by billionaire investor Warren Buffett, has sold its entire stake in electric-vehicle (EV) maker BYD Co. Ltd. (1211.HK, 002594.SZ), CNBC reported on Sunday. Regulatory filings to the…
BRIEF: Chery launches blockbuster IPO likely to become this year’s largest new car listing
Car maker Chery Automobile Co. Ltd. on Wednesday launched its Hong Kong IPO, aiming to raise more than $1 billion in what’s likely to become the largest listing by a…
BRIEF: Zeekr shareholders accept privatization offer
Shareholders of electric vehicle (EV) maker Zeekr Intelligent Technology Holding Ltd. (ZK.US) voted overwhelmingly to accept an offer to privatize the company, with 96.8% of ordinary shares cast in favor…
China plays defense on EV batteries, offense on hydrogen
China rolls out new rules restricting the export of cutting-edge technology for EV battery manufacturing. How will this affect Chinese battery makers setting up factories abroad? And hydrogen fuel cell maker Refire reports its revenue fell 10% in the first half of the year. What does this say about a Chinese sector that's getting huge government support, but has yet to find a mass audience?
Nio’s road to profitability obscured in haze of losses
The NEV maker’s sales fell short of expectation and its losses continued to widen in the first quarter, even as founder Li Bin outlined a route to profitable by year-end…
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BRIEF: Buffett sells BYD stake after 17-year holding, netting huge gain
1211.HK
002594.SHE
China plays defense on EV batteries, offense on hydrogen
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Nio’s road to profitability obscured in haze of losses
9866.HK
NIO.US
