Battery News2 Min Read RainManonOctober 18, 2023 Sunwoda’s EV battery business kicks off IPO process in China Sunwoda is one of the world's largest power battery makers, and its EV battery business was valued at RMB 35.56 billion in its last funding…
Nio3 Min Read RainManonAugust 7, 2023 Nio’s solid-state battery supplier WeLion plans IPO by 2025 WeLion aims to grow revenue 20-fold to RMB 10 billion by 2025, company founder Li Hong said in a recent Bloomberg interview.
Industry News3 Min Read RainManonFebruary 10, 2023 Hesai debuts on Nasdaq, becoming 1st Chinese LiDAR maker to go public in US Hesai's US IPO raised about $190 million, making it the largest IPO of a Chinese company in the US in the past 18 months.
Battery News2 Min Read RainManonNovember 19, 2022 Battery maker Svolt, spun off from Great Wall, files for IPO in China Svolt Energy plans to raise RMB 15 billion, seeking a valuation of RMB 60 billion.
BYD3 Min Read RainManonNovember 15, 2022 BYD scraps plans to spin off its semiconductor unit for separate listing BYD said its semiconductor business will add large investments that are expected to have a significant impact on the unit's future assets and…
Industry News2 Min Read RainManonOctober 28, 2022 GAC Aion to file for IPO in China in Q2 next year, report says GAC Aion is expected to be the first NEV stock on China's Nasdaq-style sci-tech innovation board, also known as the STAR market.
Battery News2 Min Read RainManonJune 21, 2022 Sunwoda said to be spinning off EV battery unit for separate IPO Sunwoda EVB is seeking a new round of financing estimated at more than RMB 3 billion ($448 million), valuing it at RMB 20 billion, according…
Industry News5 Min Read RainManonJune 16, 2022 Defunct Rise Education reborn as EV charging company Former education company backed by Bain Capital rises from the ashes through a reverse merger with the electric vehicle charging business of…
Tesla2 Min Read RainManonJune 10, 2022 Tesla rumored to participate in subscription for Chinese lithium giant Tianqi’s Hong Kong listing Previously BYD has made a strategic investment in another Chinese lithium producer, Chengxin Lithium, and signed a lithium procurement…
Nio2 Min Read RainManonMay 20, 2022 Nio makes its debut on Singapore’s stock market "Nio has further strengthened its footing in the global capital markets with Singapore's strategic significance," said William Li, founder,…