NEV | Jotup

EQS-News: GRAMMER increases revenue and earnings in FY 2023 and appoints COO Guoqiang Li to the Executive Board

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星期三, 四月 10, 2024

Commercial vehicle, Tax, Consolidated, Supervisory board, Original equipment manufacturer, CFO, COVID-19, Mercedes-Benz GLC, Executive Committee, Bank statement, Plant, Ursensollen, NEV, Automotive industry, Film industry

Consolidated earnings before interest and taxes amounted to EUR 42.0 million in the 2023 financial year, compared to EUR -45.0 million in the previous year.

Key Points:

Consolidated earnings before interest and taxes amounted to EUR 42.0 million in the 2023 financial year, compared to EUR -45.0 million in the previous year.
The more stable business performance in APAC and the positive trend in EMEA had a positive impact on earnings.
In addition, GRAMMER was able to reach agreements with customers to pass on the high inflation-related cost increases also in 2023 financial year.
Effective April 1, 2024, Guoqiang Li, Chief Operating Officer (COO), will be appointed to the company’s Executive Board.

Global NEVS Announces Official Launch, Focusing on Auto Industry Data Service

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星期一, 三月 25, 2024

ICE, NEV, Plug-in, Research, Data analysis, Internal combustion engine

New York, New York--(Newsfile Corp. - March 25, 2024) - Recently, the global automotive industry data service platform "Global NEVS" has officially launched.

Key Points:

New York, New York--(Newsfile Corp. - March 25, 2024) - Recently, the global automotive industry data service platform "Global NEVS" has officially launched.
Global NEVS aggregates a wide range of data and information crucial for decision-making by companies throughout the global automotive industry supply chain.
As of March 2024, the Global NEVS website has made available more than 15 types of automotive industry data, including global automotive sales and production, details on global car models, forecasts for new models to be launched, auto parts supplier and related models, global vehicle manufacturer information, etc.
The Global NEVS website provides user-friendly data or information query functions, along with an abundance of data charts.

Jiuzi Holdings Received Nasdaq Notification Letter Related to Late Filing of Annual Report on Form 20-F

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星期五, 三月 29, 2024

Annual report, Letter, Deficiency, NEV, Calendar

In accordance with Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Deficiency Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the “Compliance Plan”).

Key Points:

In accordance with Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Deficiency Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the “Compliance Plan”).
If Nasdaq accepts the Compliance Plan, Nasdaq may grant the Company an extension until September 10, 2024 to regain compliance.
The Company intends either to file its 2023 Annual Report or submit the Compliance Plan within the prescribed 60-day period.
This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

Global Li-ion Battery Recycling Market Analysis 2024, Featuring Umicore, Fortum, Li-Cycle, Redwood Materials, RecycLiCo Battery Materials, Accurec Recycling, Neometals, Lithion Technologies and More - ResearchAndMarkets.com

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星期一, 四月 8, 2024

The global li-ion battery recycling market was valued at US$4.97 billion in 2023, and is expected to be worth US$17.67 billion in 2029.

Key Points:

The global li-ion battery recycling market was valued at US$4.97 billion in 2023, and is expected to be worth US$17.67 billion in 2029.
Additionally, technological advancements in recycling processes, such as advanced sorting techniques and innovative metallurgical methods, are improving the efficiency and viability of battery recycling.
By Recycling Process: The Hydrometallurgical process accounted for the highest share in the li-ion battery recycling market.
The high cost of recycling and the dearth of advanced technologies pose significant challenges to the Li-ion battery recycling market.

Guangdong Province Advances Modernization with Focus on Quality Development

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星期一, 四月 1, 2024

At the "High-Quality Development" press briefing on March 29th, 2024, hosted by the Information Office of the State Council of China, Guangdong Province Governor Wang Weizhong detailed the region's strategies for achieving high-quality development, highlighting their role in driving the province's modernization efforts.

Key Points:

At the "High-Quality Development" press briefing on March 29th, 2024, hosted by the Information Office of the State Council of China, Guangdong Province Governor Wang Weizhong detailed the region's strategies for achieving high-quality development, highlighting their role in driving the province's modernization efforts.
(Photo: Business Wire)
Wang discussed Guangdong's approach to integrating modern development practices with local characteristics, emphasizing the importance of technological innovation and industrial growth in improving development quality.
Environmental sustainability and public welfare have also been areas of focus for Guangdong.
The province has reported improvements in air quality and forest coverage, alongside efforts towards carbon neutrality and enhancing biodiversity.

BYD Rolled Off Its 7 Millionth New Energy Vehicle

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星期一, 三月 25, 2024

On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the DENZA N7, which was unveiled at its Jinan factory in China, symbolizing another groundbreaking accomplishment for the brand.

Key Points:

On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the DENZA N7, which was unveiled at its Jinan factory in China, symbolizing another groundbreaking accomplishment for the brand.
View the full release here: https://www.businesswire.com/news/home/20240325602328/en/
BYD rolled off its 7 millionth NEV (Photo: Business Wire)
BYD reached the production of 1 millionth NEV in May 2021 and rapidly multiplied this figure threefold within 18 months, then surpassed 5 million units in merely 9 additional months.
In just 7 months from this mark, BYD accelerated to the 7 million milestone, showcasing a robust end-to-end supply chain and the effect of scale.
This year, BYD also becomes the official partner of UEFA European Football Championship 2024™, showcasing its new energy vehicles on the world stage.

Li Auto Inc. Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results

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星期一, 二月 26, 2024

ADS, NEVS, Research, PIN, ADAS, Hang Seng Index, City, Navigation, AEB, NEV, Li Auto, OTA, Video game

BEIJING, China, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter and full year ended December 31, 2023.

Key Points:

Tie Li, chief financial officer of Li Auto, added, “We ended the year with another robust performance in the fourth quarter, setting historical highs across multiple financial metrics.
Vehicle margin was 22.7% in the fourth quarter of 2023, compared with 20.0% in the fourth quarter of 2022 and 21.2% in the third quarter of 2023.
Gross margin was 23.5% in the fourth quarter of 2023, compared with 20.2% in the fourth quarter of 2022 and 22.0% in the third quarter of 2023.
Operating margin was 7.3% in the fourth quarter of 2023, compared with negative 0.8% in the fourth quarter of 2022 and 6.7% in the third quarter of 2023.

BYD Set to Challenge Tesla for the Crown in EV Sales in 2024, Says TrendForce

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星期二, 二月 20, 2024

TrendForce further notes that China remains the largest market for NEVs, commanding about 60% of the global market share.

Key Points:

TrendForce further notes that China remains the largest market for NEVs, commanding about 60% of the global market share.
However, growth is slowing down due to a high base effect, and limited sales growth in other regions cannot compensate for the gap left by the Chinese market.
In 2023, Tesla continues to lead BEV rankings with a 19.9% market share, closely followed by BYD, which narrowed the sales gap with Tesla to 248,000 units.
TrendForce believes that BYD has the potential to challenge Tesla’s dominance in the BEV market this year.

Their Focus on China's Two Sessions

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星期三, 三月 6, 2024

Regions across China have intensified their efforts, since the beginning of the year, to nurture strategic emerging industries and future industries.

Key Points:

Regions across China have intensified their efforts, since the beginning of the year, to nurture strategic emerging industries and future industries.
This is part of a broader initiative to cultivate new productive forces and discover new avenues for growth.
Recently, some experts have become more aware of China's greater focus on sci-tech innovation.
Based on these trends, he expects to witness a period in which collaborative partnerships with Chinese researchers become much more mainstream.

CAVAN AUTO Officially Launched with the Mission of "One Mile One Smile"

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星期二, 二月 20, 2024

NEVS, Transport, Carbon, RE, NEV, Foton, Partnership, Renewable energy

By leveraging advanced renewable energy (RE) technologies, CAVAN is dedicated to delivering value to customers worldwide, introducing innovative RE solutions, and leading the charge towards a carbon-neutral future in transportation.

Key Points:

By leveraging advanced renewable energy (RE) technologies, CAVAN is dedicated to delivering value to customers worldwide, introducing innovative RE solutions, and leading the charge towards a carbon-neutral future in transportation.
CAVAN strategically embraces both pure electric and hydrogen fuel cell technologies, focusing on three major platform products: commercial vans, light duty commercial vehicles, and heavy duty commercial vehicles.
CAVAN prioritizes customer-centric value with comprehensive RE solutions, addressing user needs in vehicles, intelligent mobility, charging, and energy management.
Dedicated to its "One Mile One Smile" mission, CAVAN strives to exceed expectations with smart vehicle services, leading in platform and RE technologies, and fostering a progressive, sustainable business model within a green energy ecosystem.