Phate Zhang

  • Xiaomi clarifies as rumors swirl about pricing of its first EV

    Xiaomi SU7 is unlikely to be priced before its official launch, nothing has been finalized yet, an executive said.

  • Goldman Sachs initiates coverage on Nio with Neutral rating

    Despite its early-mover advantage, Nio's growth momentum could remain soft on relatively fewer new model launches given its mature product portfolio vs. peers, Goldman Sachs said.

  • China issues guidelines for vehicle-grid interaction, aims for NEVs to be mobile energy storage facilities

    China aims for NEVs to become an important part of the energy storage system by 2030, providing tens of millions of kilowatts of regulation capacity to the power system.

  • Changan's EV unit Avatr to add EREVs to its product lineup

    Avatr will launch two new models in 2024 and will have four EVEVs to add to the lineup, its president said.

  • Zeekr partners with local dealer to tap Singapore market

    Zeekr will launch the right-hand drive versions of the Zeekr 009 and Zeekr X in Singapore, with deliveries starting in the third quarter of 2024.

  • China EV insurance registrations for week ending Dec 31: Nio 5,700, Xpeng 4,800, Li Auto 14,100, Tesla 15,800

    In December, 17,700 Nio vehicles were registered for insurance in China, 17,300 for Xpeng and 76,000 for Tesla.

  • 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.