China's DeepSeek taps CITIC Securities for domestic IPODeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Comp...
Chinese battery giant CATL sees profit surge on energy storage demandChinese battery giant Contemporary Amperex Technology Co. Limited (CATL) saw net profit surge 42 percent compared to the same period last y...
China's power reforms, global data centre buildout usher in battery boomChina's energy storage manufacturers are experiencing a boom, driven by a revamp of its electricity market and surging global demand. Chine...
Panasonic's battery unit profit grows 47% y/y in Q1 on AI boomPanasonic's energy unit experienced a significant profit surge in Q1, driven by booming demand for data centre energy storage systems fuele...
CATL in talks to buy controlling stake in Nio's power unit, sources sayCATL is in discussions to acquire a controlling stake in Nio's power unit, which operates over 3,000 battery swapping stations in China. Th...
Jefferies removes India's Siemens from Asia ex-Japan portfolio, gets greedy for Chinese BYD, Tencent, CATLJefferies has removed India's Siemens from its Asia ex-Japan long-only equity portfolio to increase China’s weighting by 2%. The move follo...
Why a Chinese gadget company can make an electric car and Apple can'tXiaomi's ability to succeed where Apple could not shows how thoroughly China has come to dominate the supply chain for electric vehicles. C...
Pressure amps up on Infosys, Wipro to beat high expectations amid correction woesInfosys, Wipro and HCL Technologies face high expectations amid investor concerns over a potential market correction. The 2025 financial ye...
Industry pain abounds as electric car demand hits slowdownInvestment in capacity and technology development has outrun actual EV demand, boosting pressure on companies to cut costs.
Battery giant CATL posts slower profit growth as competition heats upChina's battery makers including CATL are facing challenges of weakening demand and bigger cost reduction pressure from EV makers amid a pr...
Ford to build battery plant in Michigan in drive with Chinese tech partnerFord's plan to build the battery plant near Marshall, Michigan, hinges on a judgment that lower cost and faster recharging will attract man...
The holes in America’s China-style industrial policyIn cutting China out, costs will go up by about $30 to $35 per kilowatt hour and around $1,000 on other variable costs, according to analys...
Electric vehicles' batteries are getting really expensive to make. So now what?Prices for the metal used to make EV batteries have shot up so high that miners are posting multi-fold profit increases. They’ve passed cos...
China stocks end lower on COVID-19 outbreak; new energy, machinery firms slumpThe blue-chip CSI300 index fell 0.6% to 4,921.34, while the Shanghai Composite Index lost 0.7% to 3,618.05 points.
Why a Chinese company dominates Electric Car batteriesCATL has given China a commanding lead in electric car batteries, a technology central to the broader green revolution. The company already...
China stocks snap 3-day rising streak as property market slowdown weighsInvestors also looked towards the Jackson Hole Symposium for assurances that the Federal Reserve won't be rushing in to tighten policy, a m...
China shares inch lower as EVs, tech firms drag; optimism around economy caps lossesChina's biggest battery maker Contemporary Amperex Technology' shares (CATL) dropped as much as 5.8% to 227.68 yuan after investors sold sh...