Phate Zhang

Phate is the founder and main author of CnEVPost. He has been reporting since 2009, mainly on macroeconomics and capital markets. He started his career at China Daily and Reuters. Contact via: phate@cnevpost.com.
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Nio working on plants for 2 sub-brands, F4 plant won't be in Hefei, source says

Nio's F4 plant for its sub-brand codenamed Firefly will be located in Chuzhou, Anhui province, while the F3 plant for the ALPS project will remain in Hefei, a source said.

Li Auto CEO teases new 'non-SUV' model Li L5

Li Auto's midsize Li L6 and non-SUV form factor Li L5 will stick to the RMB 200,000-300,000 price range, the company's CEO said.

BYD's Q4 net profit expected to be 10 times higher than year-ago quarter

This represents a year-on-year increase of 1013 percent-1179 percent, and a quarterly increase of 17 percent-35 percent.

Deutsche Bank on China EV market: Jan looking soft as expected

China EV stocks are up an average of 20 percent year-to-date but have underperformed China tech ADRs since December, likely due to investor concerns about weak first-quarter sales and increased competition, according to Edison Yu's team.

Xpeng appoints ex-Great Wall Motor exec Wang Fengying as president in its most important hire in years

Ms. Wang will be responsible for Xpeng's product planning, portfolio management and sales operations, reporting to the company's chairman and CEO, He Xiaopeng.

Shanghai's NEV ownership approaches 1 million, 55% BEVs

In terms of penetration, new registrations of NEVs in Shanghai contributed 53 percent of all new vehicle registrations in 2022.

Zeekr's new model could be just months away from launch

The model, likely to be named Zeekr 003, is expected to target a price range of RMB 150,000 ($22,110) - 200,000 yuan and is expected to help Zeekr reach its goal of doubling annual sales.

Shanghai extends $1,500 subsidy to encourage residents to replace cars with EVs

The policy was first released in Shanghai last May and was valid until the end of 2022.

Xpeng to launch 2 new EVs in Europe on Feb 3, restarting efforts to expand overseas

Xpeng had a series of moves to grow in Europe in early 2022, but those efforts came to a halt at the end of June last year with the suspension of P5 reservations.

Xpeng aims to deliver 200,000 vehicles in 2023, report says

A facelift of the Xpeng P7 is expected to debut in March, the new SUV G7 is expected to be unveiled at the Shanghai auto show, and an MPV model is scheduled to begin mass production in September, according to local media.