Himadri Speciality Chemical expects 4x of capex to Rs 20,000 crore topline from lithium-ion business

It was sometime way back in 2008, that Kolkata-based Himadri Speciality Chemical Ltd, a speciality chemical major first tried developing components for lithium ion in the country.  An extensive R&D in the field and about 15-years later, the company finally on December 6, 2023, formally announced plans for setting up what it claims to be India’s… Continue reading Himadri Speciality Chemical expects 4x of capex to Rs 20,000 crore topline from lithium-ion business

Himadri Speciality Chemical expects 4x of capex to Rs 20,000 crore topline from lithium-ion business

It was sometime way back in 2008, that Kolkata-based Himadri Speciality Chemical Ltd, a speciality chemical major first tried developing components for lithium ion in the country.  An extensive R&D in the field and about 15-years later, the company finally on December 6, 2023, formally announced plans for setting up what it claims to be India’s… Continue reading Himadri Speciality Chemical expects 4x of capex to Rs 20,000 crore topline from lithium-ion business

Nio plans to spin off EV battery unit by end of year: Report

Chinese EV maker Nio Inc. (NIO) seeks to spin off its EV battery manufacturing segment by the end of 2023, according to a Reuters report. Yahoo Finance Anchors Brad Smith and Diane King Hall talk about Nio’s profitability concerns and how this move may set it apart in the electric vehicle landscape. For more expert… Continue reading Nio plans to spin off EV battery unit by end of year: Report

NIO Inc. (NYSE:NIO) Q3 2023 Earnings Call Transcript

NIO Inc. (NYSE:NIO) Q3 2023 Earnings Call Transcript December 5, 2023 NIO Inc. misses on earnings expectations. Reported EPS is $-2.28 EPS, expectations were $-0.43. Operator: Hello, ladies and gentlemen, thank you for standing by for NIO Incorporated Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. Today’s… Continue reading NIO Inc. (NYSE:NIO) Q3 2023 Earnings Call Transcript

Q3 2023 NIO Inc Earnings Call

Participants Rui Chen; Head of IR; NIO Inc. William Li; CEO; NIO Inc. Steven Feng; CFO; NIO Inc. Stanley Qu; SVP, Finance; NIO Tim Hsiao; Analyst; Morgan Stanley Nick Lai; Analyst; JP Morgan Yuqian Ding; Analyst; HSBC Ming Hsun Lee; Analyst; Bank of America Paul Gong; Analyst; UBS Xue Deng; Analyst; CICC Jason Getz; Analyst;… Continue reading Q3 2023 NIO Inc Earnings Call

Rubber Chemicals Market to Reach $8.4 Billion, Globally, by 2032 at 4.5% CAGR: Allied Market Research

Consumers are increasingly conscious of factors such as fuel efficiency, noise reduction, and safety in their tire choices. Tire labeling regulations in some regions encourage the use of specific rubber compounds, impacting the demand for certain rubber chemicals. WILMINGTON, Del., Dec. 6, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “The Rubber Chemicals… Continue reading Rubber Chemicals Market to Reach $8.4 Billion, Globally, by 2032 at 4.5% CAGR: Allied Market Research

Uxin Limited Announces Successful Validation of Superstore Business Model, Significant Reduction in Losses, and Target of Achieving Overall Profitability by 2024

BEIJING, Dec. 6, 2023 /PRNewswire/ — Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), China’s leading used car retailer, announced its financial results for the first and second quarters of fiscal year 2024 on November 28, 2023. Continue Reading Uxin Hefei Changfeng Superstore Uxin Used Car Showroom Uxin Used Car Reconditioning Factory Despite challenging economic… Continue reading Uxin Limited Announces Successful Validation of Superstore Business Model, Significant Reduction in Losses, and Target of Achieving Overall Profitability by 2024

Future of Hydrogen in Automotive worth 1,280 thousand Units by 2035 – Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 6, 2023 /PRNewswire/ — Future of Hydrogen in Automotive is expected to reach 1,280 thousand Units by 2035 from 20 thousand Units in 2022 at a CAGR of 37.6% during the 2022–2035 period according to a new report by MarketsandMarkets™.  While battery-electric vehicles (BEVs) have gained rapid traction in recent years, hydrogen offers several advantages.… Continue reading Future of Hydrogen in Automotive worth 1,280 thousand Units by 2035 – Exclusive Report by MarketsandMarkets™

Sustainability Drives Growth in Europe’s Flexible Plastic Packaging Market, Expected to Reach US$ 17.7 Billion by 2033 | Future Market Insights, Inc.

Flexible plastic packaging offers many benefits, including lightweight construction, cost-effectiveness, and customizable design, making it a popular choice for many products. Additionally, the increasing demand for convenient and sustainable packaging solutions, driven by the booming e-commerce sector, further fuels the growth of this market. Moreover, the adoption of bioplastics in flexible plastic packaging presents a promising… Continue reading Sustainability Drives Growth in Europe’s Flexible Plastic Packaging Market, Expected to Reach US$ 17.7 Billion by 2033 | Future Market Insights, Inc.

Aluminum Alloy Wheel Market to Reach $31.93 Billion, by 2032 at 7.2% CAGR: Allied Market Research

Increase in demand for superior quality alloy wheels for vehicles and increase in production of vehicles drive the growth of the aluminum alloy wheel market. WILMINGTON, Del., Dec. 5, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Aluminum Alloy Wheel Market by Application (Two Wheelers, Passenger Cars and Commercial Vehicles), Material (Aluminum, Silicon and… Continue reading Aluminum Alloy Wheel Market to Reach $31.93 Billion, by 2032 at 7.2% CAGR: Allied Market Research