Chinese electric-vehicle charging equipment provider StarCharge plans to start the process for an initial public offering, just weeks after completing a Series A fundraising round. The company, registered as Wanbang Digital Energy Co., aims to list on a mainland bourse and has hired Guotai Junan Securities Co. to assist, according to a statement dated Oct. […]
Chinese electric car maker BYD reports 632% jump in profits as Tesla falters
Electric car maker BYD is speeding ahead of Tesla with respect to profitability. The Chinese company today (April 28) reported a 632% jump in profits in the first quarter from a year ago. Days earlier, the US car company led by Elon Musk announced one of its worst quarters ever. BYD is the world’s largest […]
