BRIEF: CATL raises massive $5 billion in share placement at 7% discount
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ)(CATL) announced on Tuesday it plans to place 62.4 million new Hong Kong-listed H-shares at HK$628.20 each, representing a…
BRIEF: Xiaomi discloses two EV fire incidents, further weighing on its shares
Xiaomi Group (1810.HK) on Tuesday disclosed fire accidents that occurred the previous day involving its electric vehicles (EVs), following up on an earlier pledge by founder and Chairman Lei Jun…
BRIEF: Leapmotor raises $430 million from share sale to state-run investor
Electric vehicle (EV) maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) said on Tuesday it will raise about 3 billion yuan ($430 million) through a share placement to state-owned investor Jinhua…
BRIEF: Xiaomi targets 550,000 EV deliveries this year, up 34%
Xiaomi Group (1810.HK) plans to deliver 550,000 electric vehicles in 2026, up about 34% from around 410,000 units delivered in 2025, underscoring its confidence in the continued expansion of its…
BRIEF: Capacitor film maker Haiwei sags in Hong Kong debut
Hebei Haiwei Electronic New Material Technology Co. Ltd. (9609.HK), a producer of ultra-thin capacitor film, opened 5.4% below its offer price in its Hong Kong trading debut on Friday, and…
BRIEF: Xiaomi recalls 117,000 SU7 EVs for assisted driving software upgrade
Xiaomi Corp. (1810.HK) on Friday recalled about 117,000 of its SU7 Standard Edition electric vehicles produced before Aug. 30. The move was prompted by potential shortcomings with their highway pilot…
BRIEF: Xiaomi debuts YU7 electric SUV, starting at $35,400
Xiaomi (1810.HK) launchedits first electric SUV, the Xiaomi YU7, on Thursday, taking pre-orders with a starting price of 253,500 yuan ($35,400), directly challenging Tesla’s Model Y, which starts at a…
