Tencent Targets Metaverse After Overseas Opportunities, EV To Drive Growth
Tencent Holding Ltd (OTC:TCEHY) acknowledged setting up a unit focused on exploring the space to tap multiple opportunities in…
Why Alibaba, Nio, Chinese Peers Are Trading Higher in Hong Kong Today
Shares of major U.S.-listed Chinese companies inched higher in Hong Kong on Friday, with tech giants like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), Baidu Inc (NASDAQ:
BMW Starts Up New China Plant To Take On Tesla, Nio In World’s Biggest EV Market
German automaker BMW (OTC: BMWYY) has started production at a new $2.24 billion electric vehicle plant in Shenyang, China, as it looks to take on Tesla Inc (NASDAQ: TSLA) an
BMW Weighs Solar, Geothermal, Hydrogen Energy Investments To Reduce Dependence On Russian Energy
Bayerische Motoren Werke AG (OTC:BMWYY) explored new investments in solar, geothermal, and hydrogen energy to lower its dependence on…
EV Week In Review: Tesla Has Good News On Shanghai, Nio’s Plans Amid Delisting Risk, And This Auto Giant Renews EV Leadership Pledge
Electric vehicle and allied sector stocks extended their losses in the week ending May 6, caught in the vortex of the broader market sell-off seen in the final two sessions of the week. Chinese EV stocks led the week's retreat amid fears that they could be potentially delisted from U.S. exchanges.
Morning Brief: Top Financial Stories Dominating on Friday, May 6
Reuters
IHG Hotels & Resorts On Way To Recovery As Travel Booms
Tesla Battery Supplier CATL Said To Actively Explore Sites For US Manufacturing Plants
Tesla, Inc. (NASDAQ: TSLA) battery supplier CATL is reportedly considering setting up manufacturing plants in the United States.
Magna Commences Production Of Mild Hybrid Transmission For BMW Group
Magna International Inc (NYSE:MGA) has started the production of its mild hybrid transmission for Bayerische Motoren Werke AG (OTC:BMWYY). Magna’s new 7-speed, mild…