Phate Zhang
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Nio Firefly has been targeting global markets from day 1, says president
The Firefly project was set up with a view to the global markets, not just a single market, Firefly president said.
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Huawei, SAIC plan to officially launch joint brand on Apr 10, report says
Huawei and SAIC's joint brand Shangjie will be officially launched on April 10, when more information about the brand and its products is expected to be released, according to local media.
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BYD launches Qin L EV electric sedan with smart driving features, starting at $16,530
The BYD Qin L EV is similar in size to the Tesla Model 3, but costs half as much.
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Nio Q4 2024 earnings call: Live updates
This post provides live updates on the key takeaways from Nio's fourth-quarter 2024 earnings call.
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Nio posts record net loss in Q4 as SG&A rises further; gross margin improves slightly
Nio's net loss in the fourth quarter was a record RMB 7.11 billion yuan, an increase of 40.6 percent from the third quarter, as SG&A expenses hit a record high.
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Tesla China ships 1st Megapacks produced at Shanghai Megafactory overseas
The first Megapacks made in Shanghai set sail today for export to Australia.
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Li Auto starts taking pre-orders for updated Li Mega MPV, deliveries to begin in May
Pre-order price for updated Li Mega is the same as its predecessor, but with an upgrade of the smart driving chip from the previous two Nvidia Orin-X chips to a single Thor-U chip.
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2025 Shanghai auto show to start accepting media registrations on Mar 21
Media reporters can register online for Auto Shanghai 2025 after 9 am Beijing time on March 21, and the deadline is 8 pm on April 20.
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CATL to up its bet on Mirattery, Nio's battery asset operator, report says
CATL will increase its bet on Mirattery, in addition to advancing its investment in Nio Power, according to local media.
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Huawei-backed Aito launches M5 Ultra SUV with lower prices and LiDAR as standard
The M5 Ultra starts at RMB 229,800 yuan ($31,720), a reduction of 20,000 yuan, or 8.01 percent, from its predecessor.









