Phate Zhang

  • BYD refreshes its cheapest model Seagull, lowering prices further

    BYD has launched an updated version of the Seagull, lowering the starting price to RMB 69,800, or about $9,700.

  • Nio to put 150-kWh semi-solid-state battery pack into service in Q2

    This is the largest-capacity battery pack mass-produced in the Chinese passenger car market, and Nio models equipped with the pack have a range of up to 1,055 km, Nio said.

  • Nio Q4 earnings call live updates: Alps brand to be unveiled in Q2, 1st car to launch in Q3

    Nio's Alps sub-brand will debut in the second quarter, with the first model launching in the third quarter and volume deliveries beginning in the fourth quarter.

  • Nio Q4 earnings: Revenue beats estimates, gross margin falls short

    Nio reported a net loss of RMB 5.37 billion in the fourth quarter, down 7.2 percent from the fourth quarter of 2022 and up 17.8 percent from the third quarter of 2023.

  • China EV insurance registrations for week ending Mar 3: Nio 3,600, Xpeng 2,400, Li Auto 6,200, Tesla 12,500

    BYD was at 38,500 units last week, up 21.84 percent from the previous week's 31,600.

  • Senior Chinese official says state-owned automakers not moving fast enough on NEVs

    China will tweak its policy to give the three centrally-administered automakers a separate assessment of their NEV businesses, a senior official said.

  • New spy shots of Nio Alps model revealed, aims to beat Tesla Model Y

    The camouflage-wrapped car has a few words on its rear window that mean it's better than Tesla's Model Y.

  • Faraday Future sues HiPhi founder in China for alleged trade secret infringement

    Faraday Future seeks monetary damages and demands that HiPhi's parent company, Human Horizons, immediately stop infringing on its trade secrets related to the FF 91.

  • BYD launches mini EV Seagull in Brazil, Mexico

    Seagull is the latest in the Ocean range offered by BYD in Brazil and Mexico, following the Seal and Dolphin.

  • Li Auto's Mega MPV rolls off line, deliveries to start on Mar 11

    The Li Mega has received a lot of attention and popularity since its launch, Li Auto said, without disclosing the number of orders.