Author: Yarhow_Finance Online News

Lithium Is Up 220% And This Is What You Need To Know

In the current year, we have witnessed a gravity-defying commodity rally after the shuttering of Ukrainian ports, sanctions against Russia and disruption in Libyan oil production sent energy, crop, and metal buyers scrambling for replacement supplies. The price of copper doubled; wheat more than doubled while global indices of commodity prices almost tripled from April… Continue reading Lithium Is Up 220% And This Is What You Need To Know

NIO Buys Stake in Greenwing to Secure Lithium for Batteries

NIO Inc. NIO recently invested in Greenwing Resources, the Australia-based lithium company. The China-based EV maker has agreed to pay $12,000,000 to Greenwing to subscribe for the latter’s 21,818,182 shares at a deemed issue price of 55 cents per share (Placement). Upon completion of the placement, NIO will own 12.16% of Greenwing and will enjoy… Continue reading NIO Buys Stake in Greenwing to Secure Lithium for Batteries

BYD Announces Pre-sale Prices of European Passenger Car Range

BYD comes to Europe with a range of electric cars Expressive C-segment SUV BYD ATTO 3 pre-sale price is € 38,000 The pre-sale prices of the BYD HAN and TANG are € 72,000These pre-sale prices are a reference from Germany and may differ in other European markets Final market pricing and vehicle specifications will be… Continue reading BYD Announces Pre-sale Prices of European Passenger Car Range

Toyota to start selling small electric sedan in China by year-end – sources

By Norihiko Shirouzu BEIJING (Reuters) – Toyota Motor Corp plans to start production and sales of a small electric sedan powered by BYD Co Ltd batteries by year-end as part of an ongoing collaboration with the Chinese company, three people close to the Japanese carmaker said. The for now China-only bZ3 sedan co-developed with BYD… Continue reading Toyota to start selling small electric sedan in China by year-end – sources

Aurora Mobile’s Overseas Messaging Cloud Solution Helps BYD Expand Overseas

Aurora Mobile Limited SHENZHEN, China, Sept. 27, 2022 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that it has signed a strategic agreement with BYD Company Limited (002594.SZ) (“BYD”) to help the automobile manufacturer expand its… Continue reading Aurora Mobile’s Overseas Messaging Cloud Solution Helps BYD Expand Overseas

Hyundai Mobis to host an investment seminar in Silicon Valley to build a future mobility alliance

Mobis Ventures Silicon Valley (MVSV) invites startup officials and investors to the 1st Mobis Mobility Day in Silicon Valley. To introduce the company’s software-centric future R&D strategies … in order to expand its global investment network. Anticipates continued cooperation and investment in global startups featuring cutting-edge mobility technologies, including UAM and robotics. SEOUL, South Korea,… Continue reading Hyundai Mobis to host an investment seminar in Silicon Valley to build a future mobility alliance

EV Roundup: Updates From GM, F, and TSLA Take the Spotlight

The electric vehicle (EV) revolution is speeding up, with companies leaving no stone unturned to establish a strong foothold in this domain. Legacy automakers are stepping up e-mobility investment and setting ambitious targets to electrify their fleet. Last week, U.S. auto giant General Motors GM joined forces with Lithion Recycling and Toledo Systems to strengthen… Continue reading EV Roundup: Updates From GM, F, and TSLA Take the Spotlight

Auto Roundup: F’s Profit Warning, AZO’s Solid Quarterly Results & More

Last week, the European Automobile Manufacturers Association (“ACEA”) released data for commercial vehicle registrations for July and August 2022. The European Union (EU) commercial vehicle market contracted 17.4% year over year in July. In August, registrations fell another 8%, marking the 14th straight month of decline. The overall decline was primarily because of the sharp… Continue reading Auto Roundup: F’s Profit Warning, AZO’s Solid Quarterly Results & More

Li Auto stock drops after cutting delivery outlook, as supply chain issues outweigh ‘robust’ demand

Share of Li Auto Inc. dropped 1.7% in premarket trading Monday, after the China-based electric vehicle maker cut its delivery outlook for the third quarter, citing supply chain challenges. The company now expects to deliver about 25,500 EVs during the quarter, down from previous guidance of between 27,000 and 29,000. “The revision is a direct… Continue reading Li Auto stock drops after cutting delivery outlook, as supply chain issues outweigh ‘robust’ demand