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October 18, 2021

Corporate Events

Shares of China Evergrande and property services unit suspended – HKEX

Reuters
HONG KONG, Oct 4 (Reuters) – Trading in shares of debt-laden China Evergrande was suspended on Monday after it missed a key bond interest payment last week, its second offshore debt obligation in a week, with market watchers jittery as the group’s troubles unravel. Shares of its unit Evergrande Property......

EV truck maker Rivian plans in-house battery cell manufacturing

Reuters
FILE PHOTO: The Rivian R1T all-electric truck is pictured at an event, held by the electric vehicle startup, for customers who preordered the truck, in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino/File Photo/File Photo SAN FRANCISCO (Reuters) – Electric truck maker Rivian Automotive, which currently sources batteries from......

EXCLUSIVE-Biden’s electric vehicle plan includes battery recycling push

Reuters
By Trevor Hunnicutt, Ernest Scheyder June 4 (Reuters) – President Joe Biden’s strategy to make the United States a powerhouse in electric vehicles will include boosting domestic recycling of batteries to reuse lithium and other metals, according to government officials. As Biden makes fighting climate change and competing with China......

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