Phate Zhang

  • Nio issues repurchase right notice for convertible senior notes due 2026

    As of January 2, the notes had an aggregate principal amount of $301,448,000 outstanding.

  • X9 set to lift Xpeng's volume and gross margin, says Deutsche Bank

    Pricing for the Xpeng X9 has been more aggressive than expected, and volume could go upside in the first half of 2024, said Deutsche Bank.

  • Tesla sells 94,139 China-made cars in Dec, 2nd highest on record

    China-made Tesla vehicles sold 248,686 units in the fourth quarter, contributing 51.33 percent of its global deliveries.

  • Half of Nio models have shorter wait times

    Waiting times for the ET5, ET5 Touring, EC7, and ES8 all went from 3-4 weeks to 2-3 weeks today.

  • Nio signs partnership deal with solar panel maker Longi

    Nio's fourth-generation battery swap stations will be equipped with 60 square meters of photovoltaic systems, which will save nearly 18,000 kWh of electricity per year per station.

  • BYD beats Tesla in quarterly BEV sales for 1st time ever

    BYD sold 526,409 passenger BEVs in the fourth quarter, 8.65 percent higher than Tesla's 484,507 global deliveries.

  • Tesla delivers 484,507 cars globally in Q4, 1.81 million for full year 2023

    Tesla delivered 484,507 units in the fourth quarter, beating market expectations of 483,173 units.

  • Xiaomi EV to build hybrid sales network, signs up 14 sales partners

    Xiaomi EV's retail will include a directly-managed system and leverage external forces in pursuit of ultimate business efficiency and user experience, an executive said.

  • Factbox: Detailed pricing for Li Auto models in 2024

    Li Auto's three current models are all EREVs with a starting price range of RMB 319,800 to RMB 459,800.

  • Factbox: Detailed prices for Xpeng models in 2024

    Xpeng's models are aimed mainly at the price range of RMB 200,000 to RMB 300,000, which is one of the most crowded segments at the moment.