Phate Zhang

  • Lithium carbonate prices fall 50% in 6 months in China with supply-demand balance seen as still 1 year away

    Lithium carbonate prices are expected to still have room to fall, with the supply-demand balance point expected to occur by the end of 2024 or 2025, an expert said.

  • Great Wall Motor to enter more European countries, plans to build local R&D center, report says

    After Germany and the UK, Great Wall Motor plans to expand its presence in Europe to eight additional countries including Italy and Spain, according to local media.

  • China state paper article says it's unwise to 'blindly downplay' battery swap model

    As NEV ownership rises rapidly, battery swap may be the way to go when the load of residential charging struggles to meet demand, said an opinion piece in Economic Daily.

  • Changan, Huawei sign MoU to set up JV that aims to be world's leading parts supplier

    Huawei will set up a company engaged in the R&D and production of smart driving systems and components, in which Changan plans to acquire no more than a 40 percent stake.

  • Neta enters Costa Rica's auto market, aims to reach 100,000 overseas sales in coming year

    Neta plans to expand its global network coverage to 50 countries and reach 500 overseas sales and service outlets by 2024.

  • CPCA expects China's NEV retail sales at 820,000 in Nov, up 3.6% from Oct

    China's retail penetration of NEVs in November is expected to be around 39.4 percent, up from 37.8 percent in October.

  • BYD Fang Cheng Bao starts delivering its 1st model Bao 5

    Fang Cheng Bao delivered the first Bao 5 vehicles to their owners today, one day ahead of the original schedule.

  • Tesla moving forward with bringing FSD to China

    Tesla is moving forward with making FSD available in China, but there's no exact information as to when that will happen, local media quoted a company insider as saying.

  • William Li touches on Nio's strategy, views on competition, and more in internal remarks

    Nio previously did its strategic planning based on a five-year length of time, but now that the market is changing so fast, the company has shifted to developing 2-year strategies, William Li said.

  • Lady ordered to apologize to Tesla in 'brake failure' case

    One of the core members of the April 2021 Shanghai auto show drama has been ordered to publicly apologize and pay damages to Tesla in a first-instance verdict.