Phate Zhang

  • BYD Fang Cheng Bao launches Tai 7 EV with flash charging to expand SUV lineup

    The Tai 7 EV flash charging edition starts at 199,800 yuan ($29,230), featuring the second-generation BYD Blade Battery and ultra-fast flash charging technology.

  • Geely Q1 profit falls 27% as currency fluctuations weigh on results

    Excluding the impact of foreign exchange fluctuations, Geely's core profit grew 31%, contrasting with the broader weakness in China's auto market.

  • Tesla drops 7-year car loans in China as banks tighten auto credit

    Tesla has removed the seven-year low-interest loan from its May car-buying incentives in China, keeping only five-year zero-interest financing plans.

  • Nio shares surge over 7% in Hong Kong after Onvo L80 debut and pre-sales launch

    Onvo president said L80 orders are slightly better compared to the L90's performance during the same period last year.

  • Nio Onvo L80 5-seat SUV opens pre-sales below L90 price, set for May 15 launch

    The Onvo L80 is available for pre-sales starting at 245,800 yuan ($35,940) including the battery pack, 7.52% lower than the L90.

  • BYD Q1 profit plunges 55% on early-year slow season in China

    BYD's first-quarter net profit tumbled 55% as the traditional early-year slow season in China pressured automakers' profits.

  • CATL taps Hong Kong market for $5 billion to fund global capacity expansion

    CATL prices the largest share offering in Hong Kong this year at a 7% discount.

  • CATL secures world's largest sodium-ion battery order in major tech shift

    CATL and HyperStrong signed a three-year, 60 GWh sodium-ion battery order for energy storage.

  • Nio Onvo L80 mirrors L90 strategy with in-house developed chip integration

    Onvo's upcoming L80 five-seat SUV will offer both LiDAR and pure vision options, mirroring the strategy used on the L90.

  • Xpeng flying car unit daily orders top 90, drawing crowds at Beijing Auto Show

    Aridge's Land Aircraft Carrier secured over 90 orders in a single day at the ongoing Beijing Auto Show, with cumulative pre-orders exceeding 7,000 units.