SolidEnergy receives latest investment
SolidEnergy announced that it had received the second round of strategic investment from China’s largest listed auto company SAICMotor Corp Ltd. SAIC hopes the deal will help to develop the batteries which are used for its newenergy vehicles, prolonging the battery life mileage and reducing cost. SolidEnergy, which grewout of the energy laboratory at theMassachusetts Institute of Technology in the United States, has also received strategic investment from GeneralMotors. The investment from this round totaled $12 million. ride-hailing startup Didi Kuaidi as part of a $3 billion fundraising round, according to a person with knowledge of the matter. A company spokeswoman declined to comment on the investment, but said Didi Kuaidi is now valued at $16.5 billion after the overall fundraising round. On Tuesday, Didi Kuaidi announced a strategic partnership with CMB. trying to sidestep a slowdown in the world’s largest handset market by coaxing buyers of its smartphones to also purchase Internet services. Internet services revenue, which include games and mobile payment apps, surged 150 percent to 3.71 billion yuan ($563.94 million) from 1.48 billion yuan a year earlier. because it sees potential in Yingli’s solar business, according to people familiar with the matter. One possibility for Cinda is to help Yingli sell non-performing assets, the people said. Yingli had total debt of about $1.9 billion at the end of the third quarter last year.