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China's Zeekr reveals wider loss, Beijing influence in US IPO paperwork - Vimarsana News

China's Zeekr reveals wider loss, Beijing influence in US IPO paperwork

By Niket Nishant (Reuters) -China's Zeekr Intelligent revealed wider losses for the first half of the year on Thursday and cautioned Beijing could ...

SK On to supply EV batteries to Polestar from 2025 - Vimarsana News

SK On to supply EV batteries to Polestar from 2025

South Korean battery maker SK On said Monday it has clinched a deal with Swedish carmaker Polestar to supply its premium electric vehicle batteries. Under the agreement, the battery manufacturer will supply nickel, manganese and cobalt (NCM) batteries for the Polestar 5, the full-electric version of the carmaker's four-door coupe, from 2025. The size of the deal was not disclosed. The company said the partnershi...

Electric Vehicles Shift (Quietly) Into High Gear - Vimarsana News

Electric Vehicles Shift (Quietly) Into High Gear

Asian investors cheered Powell’s dovish comments, sending risk assets higher except for China while the Philippines was closed for a holiday.

Source: forbes.com
Geely's EV brand Zeekr denies online rumors about car accident - Vimarsana News

Geely's EV brand Zeekr denies online rumors about car accident

Geely’s electric vehicle (EV) brand Zeekr said on Thursday that it felt regret about a car accident in Haining, East China’s Zhejiang Province, that resulted in a pedestrian’s death, but it denied online rumors about malfunctioning airbags in the car.

Hong Kong stocks recover after China reports better than expected growth in the third quarter - Vimarsana News

Hong Kong stocks recover after China reports better than expected growth in the third quarter

Hong Kong stocks wavered between gains and losses as China’s gross domestic product data (GDP) showed recovery in the world’s second largest economy was on track, but gains were capped as the intensifying Israeli-Hamas war stoked oil prices and posed a risk to global economic growth.

Source: scmp.com