Phate Zhang

  • Person who created Nio bankruptcy rumor arrested

    Nio has received a reply from the police today saying they have arrested the person suspected of creating and publishing the fake rumor about its bankruptcy.

  • Tesla to launch FSD in China in Q1 2025

    Tesla plans to launch FSD in China and Europe in the first quarter of 2025, pending regulatory approval. This is a slight delay from previous plans.

  • Nio Q2 2024 earnings: Here's what Wall Street is expecting

    Wall Street expects Nio's revenue to be RMB 17.385 billion in the second quarter, exceeding the upper end of the EV maker's guidance range as deliveries unexpectedly beat guidance.

  • Dongfeng's electric off-road brand M-Hero plugs into Nio's charging network

    Dongfeng Motor's premium electric off-road brand, M-Hero, has plugged into Nio's charging network, becoming the 12th brand to do so.

  • BYD teases new model Sealion 05 DM-i

    BYD has shared a 25-second video on Weibo showing some of the exterior details of the Sealion 05 DM-i.

  • Mercedes-Benz ups investment in China to expand local product lineup

    Mercedes-Benz plans to invest more than RMB 14 billion ($2 billion) in China with its local partners to further enrich its local product lineup of passenger cars and light commercial vehicles.

  • VW's Cupra brand warns its China-made EV model would be 'wiped out' by EU tariffs

    "The intention was to protect the European car industry but for us, it's having the opposite effect .... We need to find a solution," Cupra's CEO said.

  • Changan establishes German subsidiary as it targets 480,000 overseas sales in 2024

    Changan's German subsidiary has been registered, marking another step in its "Vast Ocean" plan.

  • Xpeng Aeroht aims to start delivering modular flying car in 2026 for less than $280,000

    Xpeng Aeroht is aiming to start mass production and deliveries of its modular flying car in 2026, with a price tag that will be no more than RMB 2 million ($280,000), its founder said.

  • China to take countermeasures against Canada over EV tariffs

    China plans to resort to the WTO dispute settlement mechanism against Canada's practices and will launch the world's first anti-discrimination investigation.