Is Contemporary Amperex Technology (SZSE:300750) A Risky Investment?

Simply Wall StOct 11 19:55 ET

Toyota's director general warns: Transitioning to pure electric vehicles will lead to a large number of Japanese people losing their jobs.

1. Akio Toyoda said that if electric vehicles simply become the only option, including for our suppliers, those people will lose their jobs; 2. Akio Toyoda pointed out that the market share of pure electric vehicles will reach a maximum of 30%, with the rest being occupied by hybrid vehicles, hydrogen fuel cell vehicles, and rbob gasoline vehicles.

cls.cnOct 10 07:27 ET

Under cost pressure, the battery technology is shifting towards lithium iron phosphate. Why is general motors silent on contemporary amperex technology?

①Once high-profilely promoted the Ultium (Alt Energy) platform battery solution, it is now being abandoned by General Motors, instead shifting its electric transformation path towards a variety of chemical systems, multi-party procurement, and various new strategies. ②General Motors is once again adjusting its battery strategy, undoubtedly to enhance its profitability and market competitiveness in electric vehicles, in response to intense industry competition.

cls.cnOct 10 03:13 ET

Mercedes-Benz is sued by south korean electric autos owner.

Legal representatives of some South Korean Mercedes-Benz electric car owners filed a lawsuit against the German auto manufacturer on Thursday, accusing the company of providing misleading information regarding their car battery suppliers. Lawyer Ha Jong-sun from Seoul's Naru Law Office held a press conference at the Seoul Central District Court the same day, stating that 24 Mercedes EQE EV owners have filed a joint compensation claim against Mercedes headquarters, South Korean sales company, and 7 South Korean dealers. The plaintiffs initially sought 10 million Korean won (about $7408) in compensation and plan to

Global Market UpdateOct 10 02:14 ET

The 'European version of contemporary amperex technology' may be in financial difficulties, and the company has dismissed the head of the flagship factory.

①In a statement, Northvolt announced that Mark Duchesne, CEO of the Ett mega-factory, will be temporarily replaced by Bilodeau, Vice President of Operations for the company's North American business; ②The day before, the subsidiary Northvolt Ett Expansion AB, responsible for the Ett expansion project, filed for bankruptcy in district court.

cls.cnOct 9 15:47 ET

Huihan Co., Ltd. (301600.SZ): The company's products supplied to contemporary amperex technology can be understood as a lightweight version of TBOX.

Gelonghui October 9th | Huihan Shares (301600.SZ) stated at an investor relations event that the products supplied to Contemporary Amperex Technology by the company can be understood as a lightweight version of TBOX, used for matching with Contemporary Amperex Technology's battery packs, for daily data collection and maintenance of the battery pack, while also providing additional functions such as OTA software upgrades.

Gelonghui FinanceOct 9 03:13 ET