Chery zooms out of the IPO gate. Now, it needs to show investors its longer-term value
China’s leading car export brand raised more than $1 billion in its listing on Sept. 25 , with its shares up 4% in their first three trading days Key Takeaways:…
INDUSTRY BRIEF: Carmakers speed up supplier payments amid calls to end price war
Several major Chinese automakers announced that starting Tuesday this week they will reduce payment times to their suppliers to within 60 days, amid repeated official calls opposing destructive price wars…
BRIEF: Geely Holding partners with Renault on NEVs in Brazil
Geely Automobile Holdings Ltd. (0175.HK) announced on Tuesday its parent, Zhejiang Geely Holding Group Co. Ltd., has agreed to expand its strategic cooperation with Renault SA’s (RNO.PA) Brazilian subsidiary for…
Europe’s EV tariffs seen as minor speed bump for BYD
The leading Chinese producer of electric vehicles received the lightest penalty in Europe’s new set of auto tariffs, to the relief of investors, but the sector is already looking to…
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