Phate Zhang

  • Half of Nio's models see longer wait times

    Four of Nio's eight models saw slightly longer wait times, while two others saw shorter wait times.

  • Xiaomi fires 3 auto business employees for unauthorized meetings with investment institutions

    They spread a large amount of false and inaccurate information, which seriously misled the market and disrupted the normal operation of Xiaomi's automotive business, Xiaomi said.

  • Alibaba's planned stake sale should have transient impact on Xpeng shares, says Morgan Stanley

    The direct impact of Alibaba's share sale on Xpeng shares should be transient and manageable, Morgan Stanley said.

  • China EV insurance registrations for week ending Dec 17: Nio 3,400, Xpeng 4,800, Li Auto 11,300, Tesla 18,300

    Between December 1 and December 17, Nio was 7,900, Xpeng 8,700, Li Auto 24,300, Tesla 41,700, BYD 116,100.

  • CYVN to become Nio's largest shareholder, while William Li to retain most voting rights

    At the end of February, Li's stake in Nio was 10.5 percent, with 44.2 percent of the voting rights. CYVN will hold a 20.1 percent stake in Nio after its latest investment.

  • BYD catches up with Tesla in global BEV market share in Q3

    BYD has caught up with Tesla's 17 percent share of the global BEV market in the third quarter and is expected to overtake Tesla as the global leader in the fourth quarter, Counterpoint Research said.

  • Xpeng sees price competition continuing until traditional OEMs can't profit on ICEs

    Xpeng believes that expanding volumes is critical, and will continue to prioritize volumes into 2024, as well as improving profitability through cost reductions.

  • Nio secures new $2.2 billion investment from Abu Dhabi's CYVN

    CYVN will increase its stake in Nio to about 20 percent with its latest investment, after finishing a roughly $1.1 billion investment in July.

  • EV battery maker Rept makes HK stock market debut with market cap above CALB

    Rept's latest market capitalization of HK$42.4 billion overtook CALB as the highest lithium battery maker listed in Hong Kong.

  • Xpeng offers $1,400 limited-time discount on G6

    G6 delivered 8,750 units in November, contributing 43.66 percent of Xpeng's monthly deliveries of 20,041 units.