Phate Zhang

  • Huawei-backed Aito to launch new SUV M8 in Apr

    The Aito M8 will be launched in April as a family-oriented premium SUV.

  • Nio App stops showing delivery wait times for main models, Onvo L60 gets shorter to 2-4 weeks

    Nio App no longer shows delivery wait times for the ET5, ET5 Touring, ES6, and EC6, with their facelifts around the corner.

  • Tesla China sells 30,688 cars in Feb, down 51% from Jan

    In the January-February period, Tesla China sold 93,926 vehicles, including exports, a decrease of 28.74 percent year-on-year.

  • Xiaomi aims to sell EVs in overseas markets by 2027

    This is the first time Xiaomi's management has mentioned a timeline regarding the entry of its EV business into overseas markets.

  • BYD enters Kazakhstan, expands Central Asia presence to 3 countries

    BYD has launched the Han EV, Song Plus EV and Song Plus DM-i in Kazakhstan.

  • Geely unveils new G-Pilot as EV competition shifts focus to smart driving

    Geely has unveiled the AI-powered G-Pilot, categorizing the smart driving system into 5 levels available to its multiple brands.

  • BYD to raise $5.6 billion in HK by new share placement

    The placing price is HK$335.2 per share, a 7.8 percent discount to BYD's closing price of HK$363.6 on March 3 in Hong Kong.

  • Leapmotor, FAW tie up to jointly develop NEVs

    Leapmotor and FAW will work together on joint development of passenger NEVs and parts cooperation, and explore the feasibility of deepening capital cooperation.

  • BYD seeks to raise up to $5.2 billion in HK primary placement, report says

    BYD is offering 118 million shares at a discount of up to 8.4 percent to Monday's closing price of HK$363.60, according to Bloomberg.