On June 15, information went public that BYD's president, Chuanfu Wang, is going to take over Ruigang Li's position as an independent director of the company. Chuanfu's new position makes many people worry about the future of BYD, being seen as an indicator of some major issues.
Twenty years ago, w...
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News Commentary | July 12, 2021
After announcing its two hypercars, the Concept_One and the Concept_Two, known as Nevera, Croatian electric supercar startup Rimac Group has announced that it will form a new partnership with Bugatti. The deal makes Rimac Group the major shareholder with 55%, and the new venture will be known as ... Not part of subscription
News Commentary | December 16, 2021
GM made two notable announcements in its supply chain for electric vehicle (EV) components. First, a joint venture with Posco to build a cathode manufacturing plant in North America, and next a second supply agreement with MP Materials to ensure access to rare earth magnets used in motors. While we'... Not part of subscription
News Commentary | March 29, 2022
Algerian group Asmidal, a subsidiary of Sonatrach, mining firm Manal, and Chinese companies Wuhuan Engineering and Tian’An Chemical will launch a fertilizer joint venture (JV). The USD 7 billion JV is the first integrated fertilizer production in Algeria and will have an annual capacity of 5.4 ... Not part of subscription