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…
Li Auto charges ahead in fourth quarter as slowdown looms
The NEV maker’s revenue from vehicle sales rose 134% in the fourth quarter, but it forecast its overall revenue growth would slow to about 70% in the first quarter of…
State investors jump on board NEV maker Leapmotor’s bandwagon
As the global war for NEV market share intensifies, the company could get an edge through its joint venture with U.S.-European auto giant Stellantis Key Takeaways: Leapmotor has added $84.3…
With pedal to the metal, Xiaomi zooms into China’s EV race
Speaking at a launch event for its first electric vehicle, the smartphone maker’s CEO Lei Jun declared his ambition to become one of the world's top five automakers in 15…
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.…
Xiaomi’s strong results overshadowed by falling prices
The smartphone maker’s third-quarter profit beat expectations, but its average smartphone price fell below 1,000 yuan for the first time in nearly four years Key Takeaways: Xiaomi’s smartphone shipments rose…
iMotion Automotive revs up for IPO with Geely in its rear-view mirror
The maker of autonomous driving domain controllers relies on Geely, one of China’s top private car makers, for 95% of its revenue Key Takeaways: iMotion Automotive has filed for a…
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