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…
FAST NEWS: Great Wall Motor’s profit plunges on subsidy decline, product mix adjustment
The latest: Great Wall Motor Co. Ltd. (2333.HK; 601633.SH) reported last Friday its revenue dropped 13.6% year-on-year in the first quarter to 29.04 billion yuan ($4.22 billion), while its net…
Svolt Charges Up Global EV Battery Race with $943 Million in New Funding
Latest round brings 3-year-old battery maker’s fundraising this year to $3.1 billion, all from Chinese sources Key points: Svolt Energy has just announced a new 6 billion yuan funding, bringing…