BAIC Motor Corp

Chinese manufacturer Xupai is delivering 12-volt sodium‑ion auxiliary batteries in series for the first time to BAIC brand Arcfox for the onboard network, control units and assistance systems. The batteries are said to be about 55% lighter than lead batteries, to achieve over 3,000 cycles and to provide cranking currents of 500–900 A, as well as ASIL‑B‑capable BMS communication. BAIC is simultaneously developing higher‑performance sodium traction cells and planning battery‑swap stations; in Europe manufacturers and standards bodies are also examining the technology, which would have technical implications for the aftermarket and workshops. » More on heise.de

Woolworths reported a 17% decline in adjusted profit for 2024/25, cut the dividend and saw its share price fall by around 13% despite slightly higher revenue; CEO Amanda Bardwell called the year disappointing but expressed optimism for the new fiscal year. Markets in Asia were broadly subdued, WiseTech Global retreated after a disappointing outlook, Monami rallied strongly after public praise, and BAIC Motor disappointed on half‑year profit. Macro themes such as possible US tariff increases targeting India and steady industrial profits in China influenced sentiment. » More on finanzen.net