70834029
liked
$Apple (AAPL.US)$ Shipments of smartphones within China rose 30.6% year-on-year to 32.7 million handsets in October, the China Academy of Information and Communications (CAICT) reported late on Tuesday.
The figures follow a large fall that began in the first half of the year, with the revival driven by the release of the latest models of Apple Inc's iPhone, according to a research firm.
Apple launched the iPhone 13 in China in September.
Handset brands are currently experiencing production issuesdue to a global computer chip shortage.
That shortage has since spread to many types of chips andall kinds of hardware, including smartphones.
Delayed upgrades from consumers had also caused sales toslow.
The figures follow a large fall that began in the first half of the year, with the revival driven by the release of the latest models of Apple Inc's iPhone, according to a research firm.
Apple launched the iPhone 13 in China in September.
Handset brands are currently experiencing production issuesdue to a global computer chip shortage.
That shortage has since spread to many types of chips andall kinds of hardware, including smartphones.
Delayed upgrades from consumers had also caused sales toslow.
4
1
70834029
liked and commented on
$Gores Guggenheim (GGPI.US)$ What do we have? Partnership with Google (OS and software), owned by Volvo(one of the safest cars), partnership with Northvolt to deliver over 600 miles range battery, 29k cars delivered around the globe this year etc etc
$Rivian Automotive (RIVN.US)$ no cars delivered to customers - stock price 120
$Lucid Group (LCID.US)$ 10 cars delivered - stock price 45
$Fisker (FSR.US)$
no cars on the road - stock price 20
Polestar - stock price 14 bucks
isn't all this bullish af?
$Rivian Automotive (RIVN.US)$ no cars delivered to customers - stock price 120
$Lucid Group (LCID.US)$ 10 cars delivered - stock price 45
$Fisker (FSR.US)$
no cars on the road - stock price 20
Polestar - stock price 14 bucks
isn't all this bullish af?
13
1
70834029
liked and commented on
Vietnam's biggest conglomerate Vingroup said on Sunday it had started building a $174 million battery cell plant for its VinFast electric vehicles business so the company can own its battery supply chain.
VinFast became the country's first fully fledged domestic car manufacturer when its gasoline-powered models built under its own badge hit the streets in 2019.
It is betting on the U.S. market, where its electric SUVs and a battery leasing model are expected to make their debut next year. In October, the Ha Tinh local authorities said plant was expected to be a $387 million investment and on a 12.6 hectare plot.
"This is in the focus of VinFast's localisation strategy of supply," said Thai Thi Thanh Hai, vice chair of Vingroup and vice-chair of the board of VinFast. "The strategy enables us to own our supply chain of batteries and parts."
The company said it is looking to produce 100,000 battery packs per year in a first phase and then upgrade its capacity to one million.
VinFast became the country's first fully fledged domestic car manufacturer when its gasoline-powered models built under its own badge hit the streets in 2019.
It is betting on the U.S. market, where its electric SUVs and a battery leasing model are expected to make their debut next year. In October, the Ha Tinh local authorities said plant was expected to be a $387 million investment and on a 12.6 hectare plot.
"This is in the focus of VinFast's localisation strategy of supply," said Thai Thi Thanh Hai, vice chair of Vingroup and vice-chair of the board of VinFast. "The strategy enables us to own our supply chain of batteries and parts."
The company said it is looking to produce 100,000 battery packs per year in a first phase and then upgrade its capacity to one million.
5
2
70834029
liked
Sono Group is listed on the Nasdaq on November 18th under the symbol SEV. It soared 154.67% in first day of trading, valued at $2.64 billion. Berenberg acted as sole bookrunner on the deal.
Business Overview
Sono Group, founded in 2016, is a Germany-based developer of solar powered vehicles.
The company is in the process of developing and commercializing a disruptive solar technology and intend to use it to create the solar and battery powered vehicle called the Sion.
Sono creates an advanced polymer for solar cell covering material to enable vehicle solar energy charging capabilities.
It expects that in the right conditions in Germany, solar power can add up to 245 kilometers (152 miles) of additional driving range per week.
The Sion is still in the pre-production phase, having introduced its final prototype in January 2021, with plans to launch in 2023. The company has received 16,000 reservations for the Sion, at a net entry price of €23,900. Sono also aims to license and sell its proprietary solar technology to commercial vehicle manufacturers.
Sono Group is also in the process of starting to license and sell the proprietary solar technology to other manufacturers for different use cases, such as buses, trucks, camper vans, trains and even boats, in order to accelerate the transition towards sustainable transportation.
Financial Performance
In 2019 and 2020, the company did not generate any revenue from its operations.
For the six months ended June 30, 2021, it had a loss for the period of €25.7 million, compared to a loss for the period of €9.8 million in the six months ended June 30, 2020.
Click to view the prospectus
$Sono Group (SEV.US)$
Business Overview
Sono Group, founded in 2016, is a Germany-based developer of solar powered vehicles.
The company is in the process of developing and commercializing a disruptive solar technology and intend to use it to create the solar and battery powered vehicle called the Sion.
Sono creates an advanced polymer for solar cell covering material to enable vehicle solar energy charging capabilities.
It expects that in the right conditions in Germany, solar power can add up to 245 kilometers (152 miles) of additional driving range per week.
The Sion is still in the pre-production phase, having introduced its final prototype in January 2021, with plans to launch in 2023. The company has received 16,000 reservations for the Sion, at a net entry price of €23,900. Sono also aims to license and sell its proprietary solar technology to commercial vehicle manufacturers.
Sono Group is also in the process of starting to license and sell the proprietary solar technology to other manufacturers for different use cases, such as buses, trucks, camper vans, trains and even boats, in order to accelerate the transition towards sustainable transportation.
Financial Performance
In 2019 and 2020, the company did not generate any revenue from its operations.
For the six months ended June 30, 2021, it had a loss for the period of €25.7 million, compared to a loss for the period of €9.8 million in the six months ended June 30, 2020.
Click to view the prospectus
$Sono Group (SEV.US)$
+2
34
8