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…
CATL reports strong growth, announces major buyback for Shenzhen stock
Electric vehicle battery maker Contemporary Amperex Technology Co. Ltd. (CATL)(3750.HK; 300750.SZ) said on Sunday that its revenue rose 54.8% year-over-year to 277 billion yuan ($40.89 billion) in the first half…
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…
Unintended consequences: China’s EV boom hits highway upkeep, and new risks of data-backed ABS
"EV manufacturers are now vastly more important to the Chinese economy than legacy combustion-engine automakers." – commenting on why Beijing may be reluctant to levy new taxes on electric vehicles…
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…
CATL poised to boost lead over rivals in global battery race
The maiden annual earnings report from the world’s top EV battery maker since its Hong Kong IPO last year showed its profit significantly beat investor expectations Key Takeaways: CATL reported…