Phate Zhang

  • Abu Dhabi merges CYVN's stake in Nio into new state-owned fund L'imad

    A filing with the US SEC earlier this month showed L'imad holds a 17.9% stake in Nio.

  • CATL launches 1st sodium-ion battery for light commercial vehicles

    The sodium-ion battery is engineered for extreme cold environments, retaining 90% of its usable capacity at -40°C, CATL said.

  • Demand frontloading propels China's new energy heavy-duty truck penetration past 50% for 1st time

    In December, China sold a record 45,300 new energy heavy-duty trucks, accounting for 53.89% of total heavy-duty truck sales of 84,000 units.

  • Nio Onvo launches HarmonyOS app for Huawei devices

    The Nio main brand's mobile app has already been adapted for HarmonyOS, while the Firefly sub-brand has yet to do so.

  • Xpeng becomes latest EV maker to launch 7-year financing plan in China

    Xpeng joins Tesla, Xiaomi, and Li Auto in offering ultra-long-term, low-interest financing for vehicle purchases.

  • China's little-known SC01 electric sports car reportedly set to hit Europe

    The European version of the SC01 will be produced in Italy, though the exact assembly location remains undetermined.

  • Li Auto aims to deliver 550,000 cars in 2026, with increased focus on EREV models, report says

    Li Auto is resetting its priorities toward its most certain business, with an overall strategic direction to reclaim leadership in the EREV sector in China.

  • LG Energy Solution advances pilot production line for sodium batteries at China plant, report says

    LG Energy Solution plans to complete construction of the pilot production line within the year and begin sample production.

  • Nio ES8 delivery wait in China reduced to 13-14 weeks

    This represents roughly half the 24-26 week wait period when the third-generation ES8 was launched in September 2025.

  • 'Scam' — Chinese battery maker Svolt's comment on Finnish Donut Lab's solid-state battery

    Svolt's chairman said that Donut Lab's claimed battery parameters are contradictory, and such a battery simply doesn't exist in the world.