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Turkish tech chief touts strong interest after dayslong China trip

Chinda Rept: China s REPT Battero shares rise 5% in Hong Kong trading debut, ET Auto

Chinda Rept: Demand at those levels is considered poor compared to the peak of Hong Kong s IPO boom in 2021 when some deals were thousands of times oversubscribed. Higher-for-longer interest rates and ongoing global geopolitical tensions have pushed Hong Kong IPO volumes in 2023 to the lowest point in at least 20 years, according to LSEG data.

A sustained boom: Global battery market continues on a growth trajectory

Despite the recent deceleration in automotive manufacturers electric vehicle projections, the global battery market continues to grow at an enormously fast pace and the demand for lithium-ion and .

China EV maker Nio to spin off its battery production unit -sources, ET Auto

Ev Maker Nio: The nascent battery unit, led by senior manufacturing engineers whose previous employers include Apple and Panasonic, will seek external investors after the spin-off that could happen as early as the end of this year, with a valuation to be decided later, the people said.

European Commission To Delay EV Tariffs By Years

The European Commission will recommend a three-year delay for EV tariffs traded with the UK, Bloomberg sources suggested on Tuesday.

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