Tag: billion
CATL previews net income growth of up to 20% to RMB 53 billion in 2024
CATL (SHE: 300750) is projected to achieve a record net income of RMB 17 billion in the fourth…
Tesla board members officially settle excessive compensation case for nearly $1 billion
Judge Approves Settlement in Tesla Shareholder Case Over Board Compensation A settlement in a case brought by Tesla…
Changan KAICHENG raises over 2 billion yuan in Series A financing
Changan KAICHENG Secures Over 2 Billion Yuan in Series A Funding Changan Automobile's commercial vehicle brand KAICHENG has…
IM Motors closes $1.3 billion in new funding, plans to launch 4 new models in 2025
IM Motors, a Shanghai-based electric vehicle (EV) manufacturer, is gearing up to expand its model lineup in 2025…
AVATR secures over 11 billion yuan in Series C financing
AVATR Secures Over 11 Billion Yuan in Series C Financing Beijing (Gasgoo)- On December 17, premium new energy…
Avatr closes $1.5 billion in new funding, targets 2026 IPO
Avatr Technology has successfully closed its series C funding round, raising over RMB 11 billion ($1.5 billion) with…
CATL reportedly mulling HK listing to raise at least $5 billion
Contemporary Amperex Technology Co Ltd (CATL) is considering a second listing in Hong Kong that could raise at…
Stellantis and CATL to Invest Up to €4.1 Billion for Large-Scale LFP Battery Plant in Spain
Stellantis and CATL have recently announced a groundbreaking partnership that will see the investment of up to €4.1…
Jaguar rebrand is a hit, but Elon’s $55 billion payday is a fail
Elon Musk's $55 billion Tesla CEO pay package has been struck down by a judge for the second…
Pony AI debuts on Nasdaq at $5 billion valuation
Chinese autonomous driving startup Pony AI made waves in the US stock market with its recent IPO, raising…
Xiaomi reports $1.3 billion in revenue from EV business in Q3 with 39,790 deliveries
Xiaomi's innovation business, which includes electric vehicles (EVs), is showing promising growth as the company reported a revenue…
Toyota to buy clean power from a $1.1 billion solar farm in Texas
Enbridge, a Canadian energy company, has recently announced plans to move forward with the development of an 815-megawatt…