Phate Zhang

  • Baidu-backed Jiyue launches 2nd EV model as sales begin to show momentum

    Jiyue has launched the Jiyue 07 electric sedan with a starting price of RMB 209,900 ($29,480). It delivered 2,117 vehicles in August, up 107.75 percent from July.

  • Baidu-backed Jiyue to become new member of Nio-led battery swap alliance

    Jiyue CEO said the EV maker has entered into a strategic partnership with Nio on battery swap and will soon officially become part of Nio's battery swap alliance.

  • Huawei-backed Aito launches 5-seat variant of M9 to further tap luxury SUV market

    Aito has launched a five-seat variant of its flagship SUV, the M9, at a starting price of RMB 469,800 ($66,000), following the success of the six-seat version in the luxury SUV market.

  • EU to lower proposed tariffs on EVs from China, report says

    The European Union is set to make small reductions in the proposed additional tariff rates on EVs from China, with Tesla facing a reduction from 9 percent to just under 8 percent, according to Bloomberg.

  • BYD raises 2024 sales target to 4 million units, analyst says

    BYD has raised its annual sales target to 4 million units, Morgan Stanley analyst Tim Hsiao said in a research note citing comments from the NEV maker's management.

  • China EV insurance registrations for week ending Sept 8: Nio 4,500, Tesla 16,200, Xiaomi 3,200, BYD 73,600

    Li Auto had 10,700 insurance registrations last week, Xpeng 3,600, Zeekr 4,600, Leapmotor 6,300 and Aito 7,700.

  • Xpeng asks suppliers to boost capacity as Mona M03 orders exceed 2,000 units per day

    Xpeng is asking suppliers to boost capacity for the Mona M03 to help it improve delivery efficiency, saying in a letter that recent orders for the new model exceeded 2,000 units per day.

  • Chery plugs into Nio's charging network

    Nio and Chery have entered into a partnership that opens up Nio Power's charging network to brands including Chery, Exceed and Jetour.

  • CATL in talks to buy PV module supplier DAS Solar, report says

    CATL is in talks to buy photovoltaic module supplier DAS Solar, which ranked No. 8 globally in PV module shipments in the first half of this year, according to local media.

  • BYD launches 2025 Han sedan with lower prices and upgraded specs

    BYD rolled out the 2025 Han sedan, with the hybrid Han DM-i upgraded to the DM 5.0 system and the pure electric Han EV upgraded to the 800 V high-voltage architecture.