Phate Zhang

  • BYD's 2025 net profit drops 19% as domestic price war bites

    BYD's full-year net profit for 2025 fell 19% year-on-year to 32.62 billion yuan ($4.72 billion).

  • Xpeng changes Chinese name to signal strategic shift beyond EVs

    Xpeng's new Chinese name highlights its status as a group as it doubles down on physical AI and robotics.

  • Tesla denies plan to bring cheaper Model 3 to China after rumors spread

    Tesla said it has no plans to introduce a cheaper version of the Model 3 to the Chinese market, nor has it built a production line for the model at Giga Shanghai.

  • VW's first model with Xpeng ID.UNYX 08 starts pre-sales in China

    Volkswagen's ID.UNYX 08 started pre-sales in China at 239,900 yuan ($34,720), with an official launch expected in the first half of the year.

  • Pony AI posts first quarterly profit, targets 3,000 robotaxis globally this year

    Pony AI's fourth-quarter net income reached $75.5 million, primarily driven by an investment gain.

  • Skoda to end China sales in 2026 after failing to keep pace with EV shift

    Skoda's deliveries plunged to just 15,000 vehicles last year, down from a historical peak of over 300,000 in earlier years.

  • Audi begins pre-sales of A6L e-tron with Huawei driver-assist system in China

    The A6L e-tron starts at 313,000 yuan ($45,340) in pre-sales in China and is equipped with Huawei's Qiankun ADS.

  • RoboSense posts 1st quarterly profit as robotics LiDAR sales surge

    RoboSense reported a net profit of 103.7 million yuan ($15 million) in the fourth quarter of 2025, marking its first-ever profitable quarter.

  • BAIC details sodium battery with 450-km range

    BAIC said that its sodium-ion battery offers a range of 450 kilometers and supports 4C fast charging.

  • Xpeng previews 2026 Mona M03, bringing 750 TOPS computing power to sub-$20,000 EV market

    Xpeng will equip its lowest-priced model with its in-house developed Turing AI chip for the first time, supporting all-scenario assisted driving capabilities.