close
close

Tag: CYCS08

Two Republicans want the Pentagon to put Chinese battery maker CATL on the blacklist

Posted on | Posted on Theodore | Leave a Comment on Two Republicans want the Pentagon to put Chinese battery maker CATL on the blacklist
Two Republicans want the Pentagon to put Chinese battery maker CATL on the blacklist

WASHINGTON, Aug 28 (Reuters) – Two leading Republican lawmakers on Wednesday called on the U.S. Defense Department to add Chinese battery maker CATL (300750.SZ) to the list of the world’s largest battery makers.opens new tab placed on a restricted list of companies allegedly collaborating with Beijing’s military. Companies on the list cannot receive U.S. military […]

China Evergrande’s electric car subsidiary warns of a larger loss in the first half of the year due to impairment provisions

Posted on | Posted on Theodore | Leave a Comment on China Evergrande’s electric car subsidiary warns of a larger loss in the first half of the year due to impairment provisions
China Evergrande’s electric car subsidiary warns of a larger loss in the first half of the year due to impairment provisions

Aug 27 (Reuters) – The electric vehicle division of troubled property developer China Evergrande (3333.HK)opens new tab announced on Tuesday that it expected a higher loss for the first half of 2024 due to an increase in provisions for impairment. China Evergrande New Vehicle (0708.HK)opens new tab estimated its consolidated net loss for the six […]