Phate Zhang

  • IM Motors closes $1.3 billion in new funding, plans to launch 4 new models in 2025

    IM Motors plans to launch two BEV models and two EREV models in 2025, extending its model lineup to the hybrid market for the first time.

  • Tesla Megafactory in Shanghai nears completion after 7 months of construction

    Tesla's energy storage factory in Shanghai is expected to complete construction by the end of this year, with production set to begin in the first quarter of 2025.

  • CATL unveils Bedrock skateboard chassis with focus on safety

    The Bedrock Chassis takes smart chassis safety to new heights and promises to accelerate the shift towards modular and personalized vehicle design.

  • China EV insurance registrations for week ending Dec 22: Nio 5,400, Tesla 17,600, Xiaomi 6,000, BYD 87,700

    Onvo had 2,100 insurance registrations last week, Li Auto 13,900, Xpeng 7,400, Zeekr 5,300, Leapmotor 10,300 and Aito 7,700.

  • Tesla offers final payment reduction for existing Model Y cars in China, extends 5-year 0-interest financing to Jan 31

    Tesla has updated the promotional policy it announced last month, as the expiration date approaches.

  • Nio App starts showing ET9 wait time

    Customers who order the ET9 now can expect deliveries in 13-16 weeks, which is early April 2025.

  • Xiaomi EV plugs into Nio, Xpeng, Li Auto's charging networks

    Xiaomi EV said it has entered into partnerships with Nio, Xpeng, and Li Auto on charging network. This comes after 14 brands announced access to Nio's charging network.

  • Nio's battery asset operator Mirattery sees asset size exceed 20 GWh

    Mirattery saw the size of its battery assets under management grow from 0 to 10 GWh in 44 months, and from 10 GWh to 20 GWh in just nine months, the company said.

  • Deutsche Bank expects Nio ET9 sales to be 1,500 units per month

    Deutsche Bank analysts expect monthly sales of the Nio ET9 to be 1,500 units, saying they appreciate the sedan's elegant design and advanced technologies. They expect Firefly's monthly sales to be 1,500 units as well.

  • Nio says ET9 orders exceeded expectations, 999 limited edition units sold out

    Nio said the 999 units of the ET9's limited edition were sold out on the morning of December 22 Beijing time, with only the standard version now available.