Phate Zhang

  • Huawei HIMA to hold tech event on Maextro brand on Feb 20

    Maextro's first model, the Maextro S800, began pre-sales in November 2024 and is expected to be priced between RMB 1 million ($137,000) and RMB 1.5 million.

  • Automakers' share of China NEV market in Jan: BYD tops with 26.9%, Tesla 6th with 4.5%

    BYD's share of China's NEV market in January was below the 31.0 percent recorded in December 2024, as sales declined.

  • Xpeng to launch Max variant of Mona M03 in May with better smart driving capabilities

    Mona M03 Max will feature the industry's top autonomous driving technology, Xpeng CEO said.

  • BYD back in RMB trillion club, up over 25% in 6 trading days

    BYD has accumulated gains of 25.7 percent over the past 6 trading sessions to a new high since July 2022.

  • Nio Jan deliveries breakdown: ES6 2,676, ET5 Touring 1,959

    The ES6 contributed 19.30 percent of Nio Inc's deliveries in January, while the ET5 Touring contributed 14.13 percent.

  • Leapmotor to start pre-sales of B10 SUV on Mar 10

    Leapmotor said the B10 will be priced at less than RMB 150,000 yuan ($20,520) and will feature LiDAR to support smart driving in urban areas.

  • Unusually low-priced Onvo L60s listed on Chinese online platforms: Should this be a concern?

    Some used-car sellers have inaccurately labeled vehicles purchased via the BaaS model with the original "full vehicle price", a Nio spokesperson said.

  • 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.