Phate Zhang

  • Tesla loses BEV crown to BYD in 2025 as global deliveries drop 15.61% in Q4

    BYD's full-year 2025 BEV sales reached 2,256,714 units, surpassing Tesla's 1,636,129 units for the first time.

  • Nio to hit 1 million car production milestone 'in days,' says William Li in internal letter

    Li anticipates China's NEV penetration rate will exceed 90 percent by 2030.

  • Nio aims to add at least 1,000 swap stations in 2026

    Nio slowed the construction of battery swap stations over the past two years, adding 679 and 681 stations in 2024 and 2025 respectively.

  • BYD NEV sales continue to decline in Dec while overseas sales hit new record

    BYD sold 420,398 NEVs in December, marking an 18.34 percent year-on-year decline.

  • Nio brand to add over 4,200 long-range battery packs to swap network in Jan

    Nio's battery swap system will further expand its long-range battery pack inventory based on user demand, the company said.

  • Nio delivers record 48,135 cars in Dec, driven by strong performance of ES8

    In the fourth quarter, Nio Inc delivered 124,807 vehicles, near the upper end of its guidance range of 120,000 to 125,000 units.

  • BYD Yangwang's updated U7 to carry 150-kWh battery pack with up to 1,006 km range

    The updated Yangwang U7 BEV variant will become the model with the longest battery range under BYD's umbrella.

  • Li Auto delivers 44,246 cars in Dec, down 24% year-on-year

    In the fourth quarter, Li Auto delivered 109,194 vehicles, a 31.19 percent year-on-year decline but a 17.15 percent increase from the third quarter.

  • Leapmotor delivers 60,423 cars in Dec, up 42% year-on-year

    Leapmotor's full-year 2025 deliveries reached 596,555 units, a 103.10 percent increase year-on-year.

  • Li Auto reportedly preparing major product reshuffle to boost sales

    Li Auto will adjust its product lineup in the RMB 300,000 ($42,910) to RMB 400,000 price segment, focusing on streamlining the number of model variants.