CHINA BULLETIN: China Further Extends Its Welcome Mat for Foreign Investors
In this week’s issue banks get creative, a doctor gets probed, and Apple’s Tim Cook can’t get enough of China. On a scale of 1 to 100, we give the…
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…
XCHG looks to juice up its business with New York IPO
The second-largest seller of fast-charging stations for electric vehicles in Europe hopes to refresh its coffers through a U.S. listing Key Takeways: XCHG has filed to list on the Nasdaq,…
CHINA BULLETIN: Local Governments Crushed by Debt
In this week’s issue China’s crushing debt, green energy overtakes coal and Evergrande ordered to liquidate. On a scale of 1 to 100, we give the week a 40 for…
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…
CHINA BULLETIN: China-India Tensions Flare with New Arrests
In this week’s issue new China-India tensions, BYD overtakes Tesla, and Boeing emerges from the China doghouse. On a scale of 1 to 100, we give the week a 55…
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…