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CATL NET PROFIT
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...
States lure Tesla component suppliers; bumper exit for Snapdeal foundersHappy Thursday! Tesla’s suppliers are looking for locations to double down on their India operations. This and more in today’s ETtech Morni...
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...
Beware! The coming EV disruption may turn stubborn OEMs into value trapsTo focus on the shortcomings and deciding to do nothing, for now, is one approach. And that is what original equipment manufacturers (OEMs)...
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...
Tesla sets revenue record, makes profit thanks to pollution credit sales to rivalsThe electric car maker also affirmed its target to deliver half a million vehicles by the end of this year, a goal that will require it to ...
Tesla's profit sets up S&P 500 entry, while Musk pushes for growthTesla said it earned net income of $104 million from April to June, or $0.50 per share, marking the first time the company has posted a pro...