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Geely-linked car electronics maker eager to shed Chinese roots
Ecarx is in advanced discussions to combine with another Nasdaq-listed automotive-sensor company [HONG KONG] Ecarx Holdings, the Nasdaq-listed automotive electronics firm controlled by the founder of major Chinese automaker Geely,…
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EV maker Rivian gives CEO a Musk-style pay package worth up to US$4.6 billion
EV MAKER Rivian on Friday said it was giving its CEO a pay plan worth as much as US$4.6 billion over the next decade, a deal similar to Tesla’s record…
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China commercial vehicle maker Qingling Motors debuts in Singapore with the EQ2 heavy truck
[SINGAPORE] Automotive group Motorway and Qingling Motors will officially launch an electric heavy vehicle (EHV), the Qingling EQ2, on Friday (Nov 7). Priced from S$155,888 with a Certificate of Entitlement,…
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EV maker Seres steps out of Huawei’s shadow with Hong Kong listing debut
[HONG KONG] For years, Seres Group leaned on Chinese technology champion Huawei Technologies to transform an assembler of cheap minivans into the maker of the country’s top-selling luxury vehicle. Now,…
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Kimberly-Clark Confirms Kenvue Acquisition Deal: Why It Is Buying the Tylenol Maker
Kimberly-Clark has confirmed plans to acquire Kenvue Inc. in a landmark deal poised to transform the consumer goods industry. Based on the Kleenex maker’s closing share price on 31 October…
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OpenAI, Amazon strike US$38 billion agreement for ChatGPT maker to use AWS
The deal is among the first major moves by OpenAI since it completed a restructuring last week [SAN FRANCISCO] Amazon.com will supply OpenAI with cloud computing services under a multi-year…
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Japanese semicon photomask maker Tekscend breaks ground on new Singapore plant, set to create 60 jobs
It will be fully operation end-2026 or early 2027; aims to serve customers in Singapore, Malaysia and India [SINGAPORE] Tekscend Photomask broke ground on its new Singapore manufacturing facility on…
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Noodle maker Leong Guan lodges preliminary document for IPO on SGX Catalist board
The food manufacturing and distribution company specialises in fresh noodle and soya bean-based beancurd products [SINGAPORE] Food manufacturing and distribution company Leong Guan on Tuesday (Sep 30) lodged its preliminary…
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China EV maker Nio surges 5% following equity offering completion of more than US$1 billion
Both its Hong Kong-listed shares and those traded on the SGX jump on Friday morning [SINGAPORE] Shares of Chinese electric-vehicle (EV) maker Nio rose by more than 4 per cent…
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China EV maker Nio surges 4% following equity offering completion of more than US$1 billion
[SINGAPORE] Shares of Chinese electric-vehicle (EV) maker Nio rose by 4.2 per cent on Friday (Sep 19) on the Singapore Exchange (SGX), after the company announced the completion of its…
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Chinese battery maker CATL expects Hungarian production to start by early 2026
The battery maker has been extending its lead in the EV battery market, with a 38% share globally in 2024, up from 36% a year earlier Published Mon, Sep 8,…
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Chinese solar maker calls turning point for embattled industry
To help fix the industry, major firms intend to establish a fund of at least 50 billion yuan this quarter to purchase and shut down over one million tonnes of…
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EV maker Nio posts 0.3% wider Q2 net loss of 5.1 billion yuan despite top-line growth
[SINGAPORE] Chinese electric vehicle (EV) maker Nio recorded a net loss of 5.1 billion yuan (S$928.4 million) for its second quarter ended Jun 30, 2025. This marked a 0.3 per…
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Whisky maker Suntory’s CEO resigns after possible purchase of illegal supplements
[TOKYO] Suntory Holdings CEO Takeshi Niinami, one of Japan’s best-known business leaders, has resigned from the beverage group following a police investigation into his purchase of a supplement that may…
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Chinese surgical robot maker Edge Medical said to file for Hong Kong IPO
The company is looking to raise about US$150 million to US$200 million as soon as this year Published Fri, Aug 22, 2025 · 07:02 PM [HONG KONG] Chinese surgical robot…
