Phate Zhang

  • 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.

  • Nio finishes 150-kWh battery range challenge with 1,044 km

    After 1,044 kilometers of driving, the Nio ET7 has a remaining charge of 3 percent or 36 kilometers of remaining CLTC range.

  • William Li confirms flagship model to be launched at Nio Day 2023 as ET9

    Nio will launch the ET9 at Nio Day 2023 on December 23, trying to enter a market dominated by models including Mercedes-Benz Maybach.

  • William Li to personally test Nio's 150-kWh semi-solid-state battery and live-stream whole journey

    Li will drive an ET7 with a 150-kWh battery pack from Shanghai on December 17 at 6:30 am local time and live-stream his experience.

  • Alibaba plans sale of 25 million Xpeng ADSs, to remain 2nd-largest shareholder

    Xpeng said Alibaba's move was in execution of its capital management strategy and not due to a change in its view of the company.

  • Shanghai to continue offering free license plates for purchasing all-electric vehicles in 2024

    In November, a total of 65,946 vehicles were registered in Shanghai, with passenger NEVs contributing 67 percent.

  • Nio to launch Firefly brand in Europe in 2025

    Nio will launch the Firefly brand in Europe in 2025, Reuters quoted the EV maker's president as saying.

  • Xpeng to officially launch X9 MPV on Jan 1

    Xpeng gave the X9 its debut on November 17 and began pre-sales with a starting price of RMB 388,000 yuan.