Phate Zhang

Phate is the founder and main author of CnEVPost. He has been reporting since 2009, mainly on macroeconomics and capital markets. He started his career at China Daily and Reuters. Contact via: phate@cnevpost.com.
5662 Posts
48 Comments
12K Likes

Tesla launches 0 down payment option in China to boost sales

Tesla had launched a 0 down payment option in November 2021, but canceled it after just 3 days due to a surge in orders. ...

Tesla launches updated Model 3 Performance in China with starting price of $46,360

Deliveries of the updated Model 3 Performance, the sedan's most powerful variant, in China will begin in the third quarter. ...

China EV insurance registrations for week ending Apr 21: Nio 2,990, Tesla 5,160, BYD 59,470

Li Auto's insurance registrations last week were 4,460, down 37.36 percent from the previous week, while Xpeng's were 2,460, up 55.7 percent from the previous week. ...

Autonomous driving startup Pony files with Chinese securities regulator for US listing

Pony.ai plans to issue up to 98,149,500 ordinary shares and list on the Nasdaq or New York Stock Exchange. ...

Nio offering incentives to lure Xiaomi SU7 order holders, report says

For customers who have already ordered Xiaomi SU7, Nio's offline stores are offering a subsidy of RMB 5,000 to entice them to switch to Nio models, according to local media. ...

Great Wall-backed autonomous driving startup Haomo secures RMB 300 million in new funding

The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China's autonomous driving space. ...

Xiaomi aims to deliver 100,000 SU7 EVs this year

As of April 20, locked-in orders for the Xiaomi SU7 have exceeded 70,000 units, Xiaomi founder Lei Jun said at an investor conference. ...

Changan's NEV arm Deepal plugs into Nio's charging network

Starting in May, Nio's more than 20,000 charging piles will begin serving 200,000 Deepal owners. ...

BYD Yangwang to launch new variant for U8 on Apr 25

The Yangwang U8 Premium Edition has already been launched and delivered a total of 5,523 units. Coming soon is the Off-road Master Edition with more room for modifications. ...

Xiaomi CEO tells his fans to buy Luxeed S7, Nio ET5, Xpeng P7 if they can't wait for Xiaomi SU7

Customers who currently order the Xiaomi SU7 will have to wait for about 8 months for delivery. ...