The Bamboo Works

The Bamboo Works provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.
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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.

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    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.