BRIEF: Wuling Motors profit soars on cost controls, government subsidies
Automaker Wuling Motors Holdings Ltd. (0305.HK) said on Wednesday it expects to report its profit jumped 79% last year to 42 million yuan ($5.78 million) from 23.47 million yuan in…
IPO-bound Octillion Energy offers lesson in single-customer overreliance
The EV battery systems supplier, which has filed to list in Hong Kong, suffered a sharp revenue decline this year after its largest customer slashed its orders Key Takeaways: Octillion…
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