Nickel price surge could further increase the cost of electric vehicles and force automakers to cut earnings forecasts.
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Posted inHeavy Hitters
Drive I/O | Key takeaways from Auto Shanghai 2021
Big auto and big tech announced EVs at Auto Shanghai 2021, putting pressure on young EV upstarts.
Posted inThe Numbers
Nio’s revenue beat can’t outshine its struggle for profit
More challenges loom ahead in the pursuit of profit for Nio, as the company fights for market share amid intensifying competition.
Posted inHeavy Hitters
Douyin rival Kuaishou refocuses overseas, Brazil DAU surges to 3 million
Intense competition in China’s short video segment is pushing companies to seek growth in overseas markets.
Posted inThe Numbers
Briefing: Live-streaming platform Huya to raise $343 million in new share offering
Huya intends to use the funds on its content ecosystem and e-sports partners.
Posted inHeavy Hitters
Nio, Xpeng, Li Auto: your cheat sheet to China’s listed Tesla rivals
There are now three Chinese premium EV makers listed in US stock markets: Nio, Li Auto, and Xpeng. Let’s get to know them.
Posted inHeavy Hitters
Briefing: JD.com to accelerate expansion to lower-tier cities in 2019
Lower-tier cities represent a new opportunity for Chinese e-commerce giants like JD.com and Alibaba.
Posted inHeavy Hitters
Alibaba doubles quarterly net profit thanks to e-commerce and cloud
Alibaba revenue surges 42% on the year in the quarter ended June 30.
Posted inHeavy Hitters
Huawei faces uncertain future after US chips deadline
Following a key US deadline Tuesday, Huawei has lost nearly all access to semiconductors linked to US technology. That’s most of its semiconductors.
Posted inViews
Bytedance is taking over the attention economy
Bytedance is set to shove Baidu aside as the B in BATs, and is taking a bite out of Tencent’s ad revenue. Why? Its ads are just more effective.
