Phate Zhang

  • BYD April sales rebound sequentially as overseas shipments hit record high

    BYD's April NEV sales reached 321,123 units, up 6.96% from March, though continuing a year-on-year decline.

  • Geely April sales edge up as record exports offset domestic slump

    Geely's overseas sales surged 244.70% year-on-year in April, while domestic sales tumbled 27.62%.

  • Xpeng reports April sales drop as it bets on new flagship SUV

    Xpeng delivered 31,011 vehicles in April, with its year-on-year decline narrowing and marking a 13% month-on-month increase.

  • Wrap-up: April 2026 deliveries for major Chinese automakers

    This post compiles delivery or sales figures for major automakers in April 2026 and will be updated in real time as new data becomes available.

  • Nio reports mixed April deliveries as ES8 drives volume amid industry headwinds

    Nio Inc's April deliveries rose 22.8% year-on-year to 29,356 vehicles, but the figure slumped 17.3% from March due to industry headwinds.

  • Li Auto posts flat April deliveries, bets on new SUV and global markets

    Li Auto delivered 34,085 vehicles in April, remaining largely flat from a year earlier but posting a double-digit decline from March.

  • CATL completes $5 billion Hong Kong share placement to support global expansion

    The placement is Hong Kong's largest share offering this year, with funds to be used for global capacity expansion and zero-carbon business development.

  • Mirattery issues new ABS totaling 1.06 billion yuan

    The senior A1 tranche is sized at 195 million yuan with a coupon rate of 1.80%, marking a record low since Mirattery's inception.

  • Nio's battery operator Mirattery expands financing with 1 billion yuan green ABN

    This marks Mirattery's second issuance of green ABNs in 2026, following another RMB 1 billion issuance in late March.

  • Chinese automakers' Q1 earnings highlight impact of currency fluctuations

    As overseas businesses expand rapidly, fluctuations in the yuan exchange rate are significantly impacting the profits of Chinese automakers.