The Bamboo Works

  • Premium or mid-range? Struggling Xpeng stuck in identity crisis

    Xpeng, with products costing from 150,000 yuan to 470,000 yuan, essentially competing with every other EV brand in the Chinese market, analysts say.

  • Nio enters race for lithium with Australian investment

    The electric vehicle maker will pay $7.7 million up front and up to $80 million more for a stake in an Argentine mining project in its tie-up with Greenwing Resources.

  • Defunct Rise Education reborn as EV charging company

    Former education company backed by Bain Capital rises from the ashes through a reverse merger with the electric vehicle charging business of NewLink, another Bain-backed Chinese company.

  • China-led Phoenix Motor sputters with watered down US listing plan

    Electric vehicle maker aims to raise $20 million from its Nasdaq IPO, down from a previous $150 million target, which is only enough to fund its operations for a year.

  • CH-Auto challenges Li Auto, Nio, Xpeng with US SPAC listing

    Former car designer has jumped on China's electric vehicle bandwagon, aiming to tap a market that accounts for more than half of global EV sales.

  • Leapmotor enters EV race to capital markets with Hong Kong IPO plan

    The company reportedly plans to raise up to $1 billion through its listing, becoming China's fourth EV startup to float shares in Hong Kong.

  • CALB taps into EV battery fever with Hong Kong IPO plan

    China's No. 3 electric vehicle battery maker reportedly hopes to raise up to $1.5 billion, becoming Hong Kong's biggest listing so far this year.

  • Svolt charges up global EV battery race with $943 million in new funding

    The newest entrant from China thinks it could take up nearly a third of the global market over the next five or six years.