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…
Autohome shifts into higher gear with NEVs and immersive tech
The Chinese car trading giant is expanding its network of high-tech showrooms where customers can check out various models in virtual reality Key Takeaways: Autohome’s profits rose about 4% last…
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…
Geely flexes deal-making muscle as Lotus Technology nears listing finish line
The EV arm of Geely-controlled Lotus raised $870 million as it gets closer to becoming a public company through a SPAC listing Key Takeways: Lotus Technology has raised $870 million…
FAST NEWS: Yixin’s auto financing jumps on strong EV demand
The latest: Internet-based auto financier Yixin Group Ltd. (2858.HK) announced Wednesday its total financing for automobiles rose 30% to 17.7 billion yuan ($2.48 billion) in the third quarter of 2023. Looking up: The…
Zeekr offers new Chinese NEV option for global investors
Despite its relative youth, the electric vehicle maker has quickly gained traction in its home China market thanks to its strong ties with hometown auto giant Geely Key Takeaways: Zeekr…
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