Phate Zhang

  • Zeekr says its US IPO moving forward orderly in response to reported pause

    Earlier today, IFR reported that Zeekr had put its planned US IPO on hold amid weak market sentiment.

  • JAC could be next member of Nio battery swap alliance, report says

    After Changan, Geely, JAC may also join Nio's battery swap system, local media said.

  • Tie-up with Geely paves way for Nio's swap network to serve both private and commercial vehicles

    Nio's battery swap system will go from private domain exclusive service to public service and is expected to turn a profit, local media said.

  • Nio battery swap alliance adds Geely as new member

    Geely becomes the latest Chinese auto giant after Changan to enter into a partnership with Nio on battery swap.

  • Nvidia expanding its autonomous driving team in China

    Nvidia has posted a job ad for its autonomous driving China team, led by former Xpeng smart driving chief Wu Xinzhou.

  • Nio starts displaying vehicles at used car trading platform Uxin's outlets to reach more customers, report says

    Nio has started displaying vehicles at used car trading platform Uxin's offline outlets to open up new sales channels and increase sales exposure and reach, according to local media.

  • China EV insurance registrations for week ending Nov 26: Nio 3,300, Xpeng 4,400, Li Auto 9,400, Tesla 16,700

    From November 1 to November 26, Nio was 12,700, Xpeng 14,800, Li Auto 34,800, Tesla 56,000 and BYD 178,000 units.

  • Tesla offers $1,120 insurance subsidy for basic Model 3 and Model Y inventory cars in China

    Earlier today, Tesla raised the starting price of the Model Y Long Range in China by RMB 2,000, its fifth price hike in the country in the past month.

  • Tesla raises starting price of Model Y Long Range in China again by about $280

    This is Tesla's seventh price hike in China in the past month, although each time it's for a different model.

  • Changan aims to get its Thailand plant into production by Q1 2025

    Changan's production facility in Thailand will introduce models from sub-brands Deepal, Avatr, and Qiyuan, with an annual capacity of 100,000 units in the first phase.