CATL developing EV battery with no nickel and cobalt

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CATL developing EV battery with no nickel and cobalt

If you follow auto industry news beyond new car models, you would have heard of everybody’s favourite EV battery-maker, Contemporary Amperex Technology Co Limited (CATL). The Shenzhen-listed, Ningde-based company is in bed with Mercedes-Benz, …
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China flood forces Tongwei to cut polysilicon capacity by a quarter

BEIJING (Reuters) – Tongwei Group, a Chinese feedstock and solar raw material supplier, is forced to shut down a quarter of its polycrystalline silicon, or polysilicon, capacity due to an unusually severe flood in southeastern China. Tongwei’s …
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Norway's wealth fund returns -3.4% for first half

Government Pension Fund Global, Oslo, returned -3.4% for the first half of 2020, as losses in the fund’s equities exposure dragged down positive fixed-income performance. The sovereign wealth fund’s investment return was equivalent to a 188 billion …
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Papa John's Shares Increase After Company Announces New 10000-Employee Hiring Spree

Pizza company Papa John’s announced Monday that it recently hired 20,000 workers and will hire 10,000 more in the next few months as demand has increased, the announcement comes at a time when 30 million Americans are unemployed as the …
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Gilead CAR-t therapy receives FDA approval

Gilead Sciences Inc. GILD, +0.78% said late Friday that its CAR-T cell therapy had received approval from the Food and Drug Administration as a treatment for adult patients with relapsed or refractory mantle cell lymphoma. Shares of Gilead were up 0.6% in …
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