Leadrive IPO taps into China’s EV export boom
The Shanghai supplier of electric-drive systems kept growing this year even as China’s domestic EV market slowed, but half its revenue depends on a single automaker Key Takeaways: Leadrive’s revenue…
Horizon’s lead grows in smart driving race with new product rollouts
The provider of advanced driver assistance systems (ADAS) and autonomous driving (AD) technology said its revenue rose 53.6% last year Key Takeaways: Horizon Robotics’ revenue rose 53.6% last year, as…
CHINA BULLETIN: Politburo Acknowledges Economic ‘Difficulties and Challenges’
In this week’s issue stronger government support, brisk condom sales and geopolitical tensions tug on India investment. On a scale of 1 to 100, we give the week a 60 for offshore-listed China stocks.
FAST NEWS: TuSimple faces delisting for failure to file financial reports
The latest: Autonomous truck technology company TuSimple (TSP.US) said on Thursday it was notified by the Nasdaq that it faces potential delisting for failure to file its report for the quarter ended Sept.…
FAST NEWS: TuSimple, Navistar Terminate Co-Development Deal
The Latest: Autonomous truck technology company TuSimple (TSP.US) said on Tuesday it has terminated its partnership with Navistar, a maker of commercial trucks and buses.Looking Up: TuSimple said termination of…
CHINA BULLETIN: Bring on the Covid
In this week’s issue Covid cases reach new highs, banks shower property developers with cash and companies go into cutting mode. On a scale of 1 to 10, we give the week a 5 for offshore-listed China stocks.
TuSimple Paves the Way for Its Truck Technology Commercialization
Company reaches settlement with U.S. national security regulator, but spooks investors with elevation of its co-founder CTO to chairman and CEO positions Key Takeaways: TuSimple announced that co-founder and CTO…