Phate Zhang
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BYD acquires 20% stake in Thai dealer Rever Automotive
BYD said its partnership with Rever will expand from passenger cars to segments including commercial vehicles in the future.
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Nio narrows down candidate cities for hosting Nio Day 2024 to 3
Nio has narrowed down the candidate cities to host Nio Day 2024 from eight to three -- Guangzhou, Hangzhou and Xiamen, one of which will host the event.
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Nio validating use of 1st humanoid robot with Huawei's HarmonyOS at its factory, report says
Nio is validating the first humanoid robot powered by Huawei's HarmonyOS at its factory, which uses Huawei's Pangu large model, according to local media.
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BYD to reach deal with Turkey for $1 billion EV plant, report says
The new plant could give BYD easier access to the European Union, with which Turkey has a customs union agreement, said a Bloomberg report.
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Nio CFO Steven Feng resigns
Feng joined Nio in November 2019, prior to that he was the head of the auto and auto parts research team at CICC.
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Multiple state-owned firms in Shanghai buy Tesla Model Y to show support for foreign automakers
Multiple state-owned enterprises in Shanghai have purchased Tesla Model Ys as part of the city's efforts to optimize business environment and demonstrate equal treatment for domestic and foreign companies.
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China EV price competition 'eases...for now,' says Morgan Stanley
BYD's blended price rose 1 percent month-on-month in June, while those of Nio, Xpeng, and Li Auto remained stable.
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Tesla Shanghai plant received EU inspectors, which could lead to lower duty, report says
Such an inspection could lead to Tesla receiving a lower duty than the average of 21 percent, as only individually verified producers receive their own duty, Politico said.
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Xpeng Aeroht to build plant in Guangzhou for mass production of flying cars
Xpeng Aeroht will build a manufacturing center for flying cars in Guangzhou, which will first be used to produce the flying body of its modular flying car.
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Nio, Xpeng respond to additional EU tariffs
Nio said it maintains the pricing of its current models in European markets at this stage. Xpeng said it is actively assessing the feasibility of establishing local manufacturing capabilities in Europe.









