getty As the growing popularity of electric vehicles charge up demand for battery components, shares of South Korea-listed chemicals group EcoPro have surged almost 230% since the beginning of the yea...
Tag: china ev
Why Taiwan’s Foxconn Is Investing $800 Million In China’s Chip Champion
Getty Taiwanese manufacturing giant Foxconn plans to invest about $800 million in Chinese chip conglomerate Tsinghua Unigroup, a move that will further expose the world’s largest contract assembler of...
Why Chinese Car Giant Geely Bought Struggling Smartphone Maker Meizu
Geely chairman Li Shufu. Tomohiro Ohsumi/Bloomberg Chinese billionaire Li Shufu’s Geely has acquired Meizu, one of China’s earliest smartphone makers, in a move expected to help the Chinese car giant ...
Korea’s Car Giant Makes $16.5 Billion EV Push
Euisun Chung, chairman of Hyundai Motor. SeongJoon Cho/Bloomberg Amid growing competition among car makers to position themselves for a low-carbon future, Hyundai Motor Group said it plans to invest a...
Chinese Self-Driving Truck Startup Secures $188 Million In Funding From Sequoia China And Legend Capital
Inceptio’s autonomous driving heavy-duty trucks. Courtesy of Inceptio Autonomous driving truck startup Inceptio Technology has raised a $188 million funding round led by Sequoia Capital China an...