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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BYD so far ahead of Tesla in China that 'it's almost ridiculous,' says Charlie Munger

If all the manufacturing space BYD has to build cars in China is counted, it would amount to a big percentage of Manhattan island, Munger noted.

Nio says older models being phased out as planned, denies rumors of sales halt

Nio said the 2022 ES8, ES6, and EC6 are no longer being custom-built, but a small number of show cars and existing cars are still available for sale.

Tesla to halt production at Shanghai plant for more upgrades to produce new Model 3, report says

Tesla will halt some production at its Shanghai plant until the end of February in order to begin rolling out a revamped version of the Model 3 in the Chinese market, according to Bloomberg.

China NEV sales up 106% year-on-year in Feb 1-12, CPCA data show

Much of this is likely due to a low base caused by last year's Chinese New Year holiday.

Steve Cohen's Point72 triples position in Nio, clears Xpeng in Q4

Point72 increased its bet on Nio in the fourth quarter, re-bought Li Auto, but liquidated its position in Xpeng.

Li Auto to report Q4 earnings on Feb 27

Li Auto has previously released data showing it delivered 46,319 vehicles in the fourth quarter, up 31.51 percent year-on-year and up 74.63 percent from the third quarter.

Nio rumored to stop selling all NT 1.0 models starting Feb 16, new model deliveries likely to be moved up

All of Nio's current ES8, ES6, EC6 inventory and show cars will be sold to one entity, followed by an all-out push for sales of models based on the NT 2.0 platform, according to local media.

Spy shot: ET5 shooting brake seen at Nio's F2 plant

The ET5 shooting brake is being developed for European consumers and will debut in Europe in June or July, Nio's president previously said.

China NEV insurance registrations for week ending Feb 12: BYD 31,417, Tesla 6,963, Nio 3,045

BYD and Nio's numbers were higher than the previous week, while Tesla's were lower than the previous week.

Ford to build $3.5 billion LFP battery plant in Michigan with CATL's technology

CATL will provide technology and service support for the production of the LFP battery plant, while Ford will be responsible for cell and vehicle integration.