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.
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Dongfeng Honda to unveil new NEV brand on Sept 21, 1st concept car to debut
The new brand, which will be significantly differentiated from Honda's e:NS brand, will be based on an all-new all-electric platform and target a younger demographic.
Nio prices $1 billion convertible notes at up to 4.625% coupon
The $500 million 2029 notes bear interest at a rate of 3.875 percent per year and the other $500 million 2030 notes at 4.625 percent.
Xpeng launches new G9, aims to be top-selling electric SUV in RMB 250,000-300,000 range
The new G9 features the core capabilities of Xpeng's latest SEPA architecture and has a starting price that is RMB 46,000 lower than the old model.
Zeekr seeks valuation comparable to Nio in planned US IPO, report says
Zeekr is seeking an $18 billion valuation in a planned US IPO, though investors believe that's higher than they expected, according to local media.
Food delivery giant Meituan's CEO further cuts holdings in Li Auto
Wang Xing, CEO of Meituan, cashed in about HK$311 million last week in four consecutive sell-offs of Li Auto's Hong Kong-traded shares.
China EV insurance registrations for week ending Sept 17: Nio 3,900, Li Auto 9,100, Tesla 8,500
Between September 1 and September 17, Li Auto was 20,100, Nio was 9,900 and Xpeng was 6,900.
Nio to hold innovation day on Sept 21, its 1st phone expected to be launched
Nio will hold a launch event on September 21 from 11 am to 12 pm Beijing time to unveil a new mobile internet product, and it's expected to be its first phone.
Nio seeks to price $1 billion convertible notes at up to 4.75% coupon, report says
Nio seeks to price its 2029 notes at a coupon rate of 3.5 percent to 4.0 percent and its 2030 notes at a coupon rate of 4.25 percent to 4.75 percent, according to Bloomberg.
Nio announces plan to issue $1 billion convertible notes, shares down after-hours
Nio plans to use a portion of the net proceeds to repurchase certain existing debt securities, with the remainder to be used primarily to further strengthen its balance sheet position and for general corporate purposes.
Under-the-radar Chinese laser display maker looks to bring sci-fi scenarios to smart EVs
Shenzhen-based Appotronics is betting big on the automotive business, hoping to take the smart EV experience to the next level.
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