NIO (蔚来) Placement - As Expected. Now, You Choose.
NIO Inc (NIO US) is looking to raise about US$2.5bn in its follow-on offering. Proceeds raised will be mainly used for R&D, sales and service...
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China Expects to Surpass 2020 NEV Sales Target
China's NEV market is expected to grow fast in next year thanks to government policies and other factors.We continue to be positive on the...
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China Auto: Short-Term Interruptions from Auto Chips Shortage
Impact of wafer shortage extended to auto chips recently, and forced several factories of VW JVs in China to suspend production early December...
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IGO Placement - Going for EV Gold, Delayed Earnings Gratification for Shareholders
Independence Group Nl plans to raise A$766m via an institutional placement and entitlement offer to part funds its acquisition of 49% stake in...
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China Auto 2021E Outlook: Winter Is Over
We are bullish on PV sales in 2021E. We estimate China's PV sales will grow by 10% yoy to 22.2mn units. We also estimate China's EV (electric...
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