US STOCKS
FUNDS
FOREX
SH/SZ-HK
HK STOCKS
 
 
 
 
 
All
|
China Industry News
|
China's Economy
|
China's Market Top News
|
Company News
News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
CN & HK NEV, Cobalt Sectors Trade Mixed; BYD Soars 8%, CMOC Dives 11%
Tesla is nearing a deal with Contemporary Amperex (300750.SZ) for using cobalt-free battery cells in its Shanghai plant and the LFP cell supply to its Model 3, foreign media report...
Reset
Send
The window will close in 5 seconds
CN & HK NEV, Cobalt Sectors Trade Mixed; BYD Soars 8%, CMOC Dives 11%
   Back  
2020/02/19 11:50
Share  
  
  
  
  
  
Print     
Font Size  
Tesla is nearing a deal with Contemporary Amperex (300750.SZ) for using cobalt-free battery cells in its Shanghai plant and the LFP cell supply to its Model 3, foreign media reported. In other words, Tesla is considering including LFP cells in its production lines for cost-cutting.

Over ten Chinese NEV players hit the day limit. Contemporary Amperex's A-share eroded 1.3% to RMB154.65.

BYD COMPANY (01211.HK) leaped over 8% to $48.95, on volume of 17.97 million shares.

Nickel and cobalt segments in China and Hong Kong were in sell-off. Hanrui Cobalt (300618.SZ) and Huayou Cobalt (603799.SH) hit the limit down at RMB80.5 and RMB48.01.

CMOC (03993.HK) tanked 11% to $3.49, on volume of 124 million shares.
~



AAStocks Financial News
Web Site: www.aastocks.com