Phate Zhang

  • CATL files for listing in Hong Kong

    CATL's listing, which is expected to raise at least $5 billion, will be the largest in Hong Kong in four years.

  • Tesla sells 33,703 cars in China in Jan, exports 29,535 from Shanghai plant

    Tesla's January retail sales within China were 15.49 percent lower year-on-year and 59.36 percent lower than in December, partly due to the disruption of the Chinese New Year holiday.

  • Nio CEO highlights importance of sales volume, cost reduction in internal meeting

    William Li mentioned that Nio seeks to achieve single-quarter profitability in the fourth quarter of 2025.

  • China EV insurance registrations by brand for week ending Feb 9: Nio 1,100, Tesla 6,200, Xiaomi 4,400, BYD 28,900

    Xpeng was at 3,400 units, Li Auto 4,700, Zeekr 2,400, Leapmotor 2,700, and Aito 1,100.

  • Tesla Shanghai Megafactory officially starts production

    The Tesla Shanghai Megafactory will begin capacity ramp-up in the first quarter.

  • BYD expedites smart driving era with sweeping updates to 21 models

    BYD has rolled out Smart Driving Edition updates for 10 models in the Dynasty lineup and 11 models in the Ocean lineup, including the Seagull priced as low as RMB 69,800.

  • Changan unveils smart driving strategy, to launch 35 smart cars in next 3 years

    Changan unveiled its Dubhe Plan 2.0 on February 9, which is expected to allow more affordable models to be equipped with driver assistance systems.

  • Dongfeng, Changan hint at merger that could create world's 5th largest auto group

    Dongfeng and Changan announced plans to reorganize almost simultaneously, hinting at a possible merger that could see them become one of the world's largest auto groups.

  • Nio's swap stations in Shanghai close to profitability, CEO says

    Nio now has 183 battery swap stations in Shanghai, providing more than 9,000 services per day.

  • Xpeng reportedly to launch dedicated insurance to boost use of smart driving features

    Xpeng will launch customized smart driving insurance products with some insurers based on its accumulated technologies and user data, said local media.