Zeekr steps on IPO accelerator as its prospects run low on fuel
The new energy vehicle maker is reportedly jumpstarting its stalled plan to list in New York as valuations for its peers rapidly fall Key Takeaways: Zeekr has reportedly restarted its…
FAST NEWS: iMotion Automative dips on trading debut
The latest: Autonomous driving domain controllers maker iMotion Automotive Technology (Suzhou) Co. Ltd. (1274.HK) opened at HK$29.55in their Wednesday trading debut, 0.3% lower than their IPO price of HK$29.65, giving…
CHINA BULLETIN: Progress First, Stability Second, Says Politburo
In this week’s issue Beijing says progress over stability, a lifeline for local banks, and TikTok’s $1.5 billion Indonesia bet. On a scale of 1 to 100, we give the…
Geely flexes deal-making muscle as Lotus Technology nears listing finish line
The EV arm of Geely-controlled Lotus raised $870 million as it gets closer to becoming a public company through a SPAC listing Key Takeways: Lotus Technology has raised $870 million…
Nio gears up to produce its own EVs after buying partner’s factories
Nio founder and CEO William Li says that bringing production fully in house rather than working with a partner would cut manufacturing costs by around 10% Key Takeaways: Nio Inc.…
RoboSense steers tricky course in self-drive tech market
Can a Hong Kong listing help the maker of LiDAR automotive sensors break out of a cycle of rising sales but mounting losses? Key Takeaways: The sensor technology firm’s losses have…
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…