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: JL Mag profit jumps over 20% in first quarter
Rare-earth magnetic materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) announced on Wednesday its revenue rose 16.05% year-on-year in the first quarter to 2.04 billion yuan ($299 million), while…
China’s NEV slowdown, and a dating app rejects AI
"There is no way all of these companies are sustainable. There is no way they are making profits." Rene Vanguestaine Key Takeaways: The recent contraction in China's overheated new energy…
INDUSTRY BRIEF: China NEV sales drop 21% in March
Retail sales of passenger new energy vehicles (NEVs) in China reached 784,000 units in March, down 21% from a year earlier but up 69% from February, reflecting a gradual rebound…
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…
ZO Future pivots from Birmingham blunder to NEV longshot
The company booked a paper profit by offloading its money-losing soccer club, but its cash-burning new energy commercial vehicle business is in an equally difficult league Key Takeaways: ZO Future…
Recent Articles
BRIEF: CATL raises massive $5 billion in share placement at 7% discount
3750.HK
300750.SHE
BRIEF: JL Mag profit jumps over 20% in first quarter
6680.HK
300748.SHE
CATL poised to boost lead over rivals in global battery race
3750.HK
300750.SHE
