NIO's chip team is developing high-level self-driving chips and LiDAR chips, with self-driving chips likely to start being used in production vehicles as early as around 2024, according to local media. The post NIO working on self-driving and LiDAR chips with team size of nearly 300, report says appeared first on CnEVPost. For more articles, please visit CnEVPost.

NIO working on self-driving and LiDAR chips with team size of nearly 300, report says

SAO PAULO, Oct 7 (Reuters) - The Brazilian unit of power company China Three Gorges is expected to file this month for an IPO aiming to raise $1 billion, three sources with knowledge of the matter said.

Brazilian unit of China Three Gorges to file for $1 billion IPO this month- sources

SYDNEY, Oct 7 (Reuters) - Australian software mogul Mike Cannon-Brookes was named chairman on Friday of clean energy start-up Sun Cable, which is seeking to secure funds for a proposed A$30 billion-plus ($19.3 billion-plus) solar power export project.

Australian tech billionaire to chair $20 bln solar power export project

Oct 4 (Reuters) - Emerson Electric Cois in talks with U.S. buyout firm Blackstone Incto sell a part of its commercial and residential solution business assets, Bloomberg News reported on Tuesday citing people familiar with the matter.

Blackstone in talks to buy Emerson's assets for up to $10 bln - Bloomberg News

品玩 9 月 30 日讯，据交通运输部消息，9 月 30 日，交通运输新业态协同监管部际联席会议办公室对满帮集团、货拉拉、滴滴货运、快狗打车 4 家互联网道路货运平台公司进行了约谈。约谈指出，近期通过网民留言、群众来电来信等渠道发现，部分平台公司依然存在多重收费、压价竞争、拖欠货车司机运费等问题，损害了货车司机合法权益。同时，为落实好第 189 次国常会会议精神，切实保持运输价格相对稳定，让广大货车司机享受通行费减免的红利，对 4 家平台公司提出了相关要求。各平台公司表示，将按照约谈要求，举一反三，认真履行企业主体责任，扎实整改，畅通货车司机投诉举报渠道，有效解决拖欠运费等突出问题，坚决杜绝恶意压价竞争，切实保障货车司机合法权益，确保货车司机享受通行费减免的政策红利，着力维护行业安全稳定发展大局。

交通运输部约谈满帮集团、货拉拉、滴滴货运、快狗打车，要求不得恶意压价竞争

Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) bought another 5.99 million shares of Occidental Petroleum Corp (OXY.N) , boosting its stake to 20.9% after the oil company’s shares lost about a fifth of their value in less than a month.

Buffett's Berkshire Hathaway buys 5.99 mln more Occidental shares

Door slams on Fed 'put' as market pain takes back seat to inflation fight

Toyota to start selling small electric sedan in China by year-end - sources

Soaring energy costs are an obstacle to NIO's rollout of battery swap stations in Europe, and slower-than-expected planning approvals are also hindering the rollout. The post Energy crisis slowing NIO's expansion in Europe, says William Li appeared first on CnEVPost. For more articles, please visit CnEVPost.

Energy crisis slowing NIO's expansion in Europe, says William Li

Sept 27 (Reuters) -

* TIKTOK OWNER BYTEDANCE APPROVES US$3 BILLION SHARE BUY-BACK - SCMP Source text - https://bit.ly/3dP5OMU Further company coverage: [ ]
((Reuters.Briefs@thomsonreuters.com;))

Tiktok Owner ByteDance Approves $3 Bln Share Buy-Back - SCMP

(Repeats SCHEDULED COLUMN originally published on Sept 23, no changes)

Wall St Week Ahead-Investors wonder when vicious sell-off in U.S. stocks will end

SHANGHAI, Sept 21 (Reuters) - Chinese electric-car startup Niois looking to grab a share of Europe’s growing market for electric vehicles by rolling out a battery leasing and swapping network to cut costs for users, its president told Reuters.

China's Nio takes on BMW, Mercedes in home market with flexible battery plan

Sept 20 (Reuters) -
* BOEING TO CUT ABOUT 150 FINANCE JOBS IN THE U.S.- WSJ Source text : https://on.wsj.com/3qRA8JJ

Boeing To Cut About 150 Finance Jobs In The U.S.- WSJ

Sept 15 (Reuters) - Parazero Technologies Ltd:
* PARAZERO TECHNOLOGIES LTD SEES U.S. IPO OF 3.04 MILLION UNITS PRICED BETWEEN $5.20 AND $7.20 PER UNIT - SEC FILING Further company coverage:

Parazero Technologies Sees U.S. IPO Of 3.04 Million Units Priced Between $5.20 And $7.20 Per Unit - SEC Filing

Sept 15 (Reuters) - Tencent Music Entertainment Group

Tencent Music Entertainment Says Dealings In Class A Ordinary Shares On HKSE Expected To Start On Sept 21

AIG unit Corebridge raises $1.68 bln in year's largest IPO

WASHINGTON, Sept 12 (Reuters) - The chair of the Senate Judiciary Committee and the top Republican on Monday said they had invited here

U.S. Senate panel invites Twitter CEO to testify, seeks whistleblower answers

WASHINGTON (AP) — President Joe Biden is launching a new initiative to encourage biotech production and research in the U.S., the latest move by the White House to boost domestic industry.

Biden to announce new support for US biotech production

FRANKFURT, Sept 9 (Reuters) - Chinese battery manufacturer SVOLT Energy Technology on Friday unveiled plans to build an additional cell assembly in Germany to supply electric vehicles, picking the state of Brandenburg - also home to Tesla’sgigafactory - as a location.

China's SVOLT picks same German state as Tesla for second battery cell plant

品玩 9 月 9 日讯，据界面新闻援引路透社，三位知情人士和一封内部电子邮件透露，冬海集团旗下的电子商务部门周四告诉员工，它将关闭智利、哥伦比亚和墨西哥的本地业务，并完全退出阿根廷市场。知情人士表示，这家总部位于新加坡的公司将在前三个市场保留跨境业务，但将削减在这些国家的大部分团队。一封内部电子邮件显示，Shopee 首席执行官 Chris Feng 写信给员工称，“鉴于当前宏观经济不确定性加剧”，该公司需要 “将资源集中在核心业务上”，并决定专注于 Shopee 墨西哥、哥伦比亚和智利的跨境业务。另一位消息人士表示，冬海集团领导层已向 Shopee 负责人发出内部指令，要求其在 2023 年前在东南亚主要市场实现盈利。

Shopee 或将退出阿根廷市场

Tesla triples deliveries of China-made cars after upgrade in Shanghai plant

SHANGHAI, Sept 8 (Reuters) - U.S. electric vehicle maker Teslasold 76,965 China-made cars in August, including 42,463 for export, the China Passenger Car Association (CPCA) said on Thursday. Overall passenger car sales in August in China totalled 1.9 million, up 28.9% from a year earlier, the CPCA said.

Tesla sold 76,965 China-made vehicles in August -CPCA

With the exception of the entry-level Model Y, which has a wait time of 1-4 weeks, Tesla has further reduced the expected delivery dates for all of its models in China by 6 weeks. The post Tesla further cuts wait times for nearly all models in China by 6 weeks appeared first on CnEVPost. For more articles, please visit CnEVPost.

Tesla further cuts wait times for nearly all models in China by 6 weeks

Sept 6 (Reuters) - Microsoft Corp:
* MICROSOFT CFO AMY HOOD REPORTS OPEN MARKET SALE OF 75,351.4 SHARES AT AVERAGE PRICE OF $259.47/SHARE ON SEPT 2 - SEC FILING

Microsoft CFO Amy Hood Reports Open Market Sale Of 75,351.4 Shares At Average Price Of $259.47/Share On Sept 2 - SEC Filing

Sept 6 (Reuters) - Archer Materials Ltd (AXE.AX) :
* WILL WORK WITH GLOBALFOUNDRIES TO ADVANCE DEVELOPMENT OF ITS 12CQ QUANTUM CHIP TECHNOLOGY

Archer Materials Says Co And GlobalFoundries To Advance 12CQ Chip Fabrication

Despite China's policy of halving purchase taxes on mainstream ICEvehicles, the momentum driving growth in the NEV market is strong, the CPCA said. The post China's Aug wholesale sales of passenger NEVs expected to be record 625,000, CPCA estimates show appeared first on CnEVPost. For more articles, please visit CnEVPost.

China's Aug wholesale sales of passenger NEVs expected to be record 625,000, CPCA estimates show

TOKYO, Sept 5 (Reuters) - Amazon.com Incis considering entering the prescription drug sales market in Japan, the Nikkei newspaper reported on Monday.

Amazon eyes entering Japan prescription drug market - Nikkei

Aug 31 (Reuters) - Tencent Music Entertainment Group:
* TENCENT MUSIC ENTERTAINMENT GROUP PARTNERS WITH BILLBOARD TO PROMOTE GLOBAL DEVELOPMENT OF HIGH-QUALITY CHINESE MUSIC

Tencent Music Entertainment Group Partners With Billboard To Promote Global Development Of High-Quality Chinese Music

On August 18, Tesla just shortened the wait times for all available models in China. The post Tesla's entry-level Model Y wait times in China reduced to less than 1 month appeared first on CnEVPost. For more articles, please visit CnEVPost.

Tesla's entry-level Model Y wait times in China reduced to less than 1 month

关于好故事，泡泡玛特究竟是不想写，还是写不出？

净利润首次下滑，但市值已蒸发千亿：泡泡玛特还能浮起来吗？

China asks firms, auditors to prepare for U.S. checks in Hong Kong -sources

US accounting inspectors could arrive in Hong Kong as soon as next month to make sure it has full access to audit papers, paving the way for a final agreement. The post China, US near deal on audit paper inspections of US-listed Chinese firms, report says appeared first on CnEVPost. For more articles, please visit CnEVPost.

China, US near deal on audit paper inspections of US-listed Chinese firms, report says

Mercedes set to lead India's luxury EV market as Tesla stays out

BEIJING, Aug 23 (Reuters) - Chinese e-commerce giant Pinduoduoplans to launch a cross-border e-commerce platform next month which will target the United States as its first market, a source with direct knowledge of the matter said.

Pinduoduo to launch international e-commerce platform next month - source

从不差钱的 Meta，也不得不开始为自己的虚拟帝国而未雨绸缪。

烧了 100 亿的 Meta 元宇宙，水平就这？小扎：借钱也要继续搞

Yields likely determine how stocks trade in the short term. Future Fed Funds rate expectations have started to climb again, which put pressure on the high growth and expensive valuation stocks. Chair Powell’s discussion at Jackson Hole on Friday will be crucial to the outlook for future rate hikes.

Is The Stock Market Rally Running Out Of Gas?

China faces record-breaking heatwaves and is battling a power outage in the Yangtze river area. Extreme temperatures have disrupted crop growth and threatened livestock.

China's heatwave could have a knock-on effect on its economy, says economist

Tencent Says Has Shuttered Online-Education, E-commerce Units

Deliveries of the Li L9 will begin this month, and Li Auto expects the model's volume to exceed 10,000 units in September. The post Li Auto's Li L9 first production vehicles to roll off line on Aug 18 appeared first on CnEVPost. For more articles, please visit CnEVPost.

Li Auto's Li L9 first production vehicles to roll off line on Aug 18

EXPLAINER-What to watch out for as talks on U.S.-China audit deal drag on

面世五年，TikTok 的飞速增长，让硅谷科技巨头紧张地竖起防御铠甲。据英国科技媒体 Verdict 报道，为了追赶 TikTok 的步伐，脸书母公司 Meta 正改变其社交帝国的基因，试图全方位模仿 TikTok。谷歌高管也在公开场合称，TikTok 不仅挤压了谷歌长视频的市场，还正蚕食谷歌搜索和谷歌地图的地盘。

争相入局短视频！硅谷科技巨头全力抵御 TikTok

Renaissance increased its stake in NIO by 228.96 percent to 17,768,900 shares and XPeng by 256.81 percent to 3,620,600 shares in the second quarter. The post Renaissance boosts holdings in both NIO and XPeng by over 200% in Q2 appeared first on CnEVPost. For more articles, please visit CnEVPost.

Renaissance boosts holdings in both NIO and XPeng by over 200% in Q2

Aug 12 (Reuters) - Soros Fund Management Llc:

Soros Fund Management Llc Ups Share Stake In Alphabet, Intuit, Cuts In Analog Devices

SK Hynix to break ground on new U.S. chip packaging plant early next year-sources

LIVE MARKETS-$18 trillion... gone!

China's Lenovo posts slowest revenue rise in 9 quarters on PC downturn

The paper loss of the stock investment of US $66.8 billion dragged down Berkshire's second-quarter net profit loss of US $43.8 billion. Alibaba has accelerated the development of the South East Asia market, and a Singapore consortium plans to build the 305-meter-high tallest building in Singapore.

LB Morning Call | Senate vote on tax and climate bill

WASHINGTON, Aug 6 (Reuters) - The U.S. Senate on Saturday began a vote to hold debate on a landmark $430 billion bill that would reduce carbon emissions that cause climate change, allow Medicare to negotiate lower prices on some drugs for the elderly, and ensure that corporations and wealthy Americans pay more taxes.

U.S. Senate begins vote to advance Democrats' $430 billion climate, tax and drug bill

Fed's Bowman: more 75 basis-point hikes should be on the table

Tesla shareholders meeting approved 1 share to split 3 shares. Musk expects Tesla to eventually have 10-12 gigafactories, expects annual production to reach 2 million by the end of this year, and may consider share buybacks. Meta plans to raise $10 billion in an initial bond offering.