Phate Zhang

  • Tesla launches updated Model Y in China: No price changes, base model sees performance and range boosts Tesla

    Tesla launches updated Model Y in China: No price changes, base model sees performance and range boosts

    The base Model Y sees improved range and acceleration, while the Model Y Long Rang sees improved range.

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  • Nio exceeds 1,900 swap stations in China, sets new single-day service record Nio

    Nio exceeds 1,900 swap stations in China, sets new single-day service record

    Nio averaged 40 services per battery swap station on September 28, and stations along highways averaged 30.4 services per station.

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  • Zeekr forms partnerships to sell EVs in 4 additional Middle Eastern countries Zeekr

    Zeekr forms partnerships to sell EVs in 4 additional Middle Eastern countries

    Zeekr has entered into partnerships in the UAE, Saudi Arabia, Qatar, and Bahrain to sell electric vehicles in those markets.

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  • BYD Yangwang's 1st store opens in Shanghai, aims to have over 90 in China by year-end BYD

    BYD Yangwang's 1st store opens in Shanghai, aims to have over 90 in China by year-end

    Yangwang's more than 70 stores are under construction and it will open more than 90 directly-managed stores in more than 40 cities in China within the year.

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  • Nio has held exploratory talks with Mercedes for tie-up, report says Nio

    Nio has held exploratory talks with Mercedes for tie-up, report says

    Nio has held exploratory talks with Mercedes-Benz about a partnership that would see the German automaker invest in it in exchange for technology, Reuters reported.

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  • Nio signs strategic cooperation deal with German firm Würth Nio

    Nio signs strategic cooperation deal with German firm Würth

    In Europe, Würth will support the customization of Nio's mobile service vehicles and help Nio develop its sales, after-sales service and energy replenishment network through its integrated stores.

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  • Nio most shorted Chinese ADR in Sept, says Morgan Stanley Nio

    Nio most shorted Chinese ADR in Sept, says Morgan Stanley

    New short positions in Chinese ADRs so far this month were the highest monthly short-selling flows in 2023, with Nio being the most shorted, Morgan Stanley said.

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  • All employees hold Nio shares as of year-end 2022, ESG report shows Nio

    All employees hold Nio shares as of year-end 2022, ESG report shows

    Nio had 26,763 full-time employees at the end of 2022, including 26,366 in China and 397 overseas.

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  • Li Auto terminates billion at-the-market equity offering after raising over 0 million Li Auto

    Li Auto terminates $2 billion at-the-market equity offering after raising over $500 million

    Li Auto announced last June 28 that it would sell up to a total of $2 billion in ADSs on Nasdaq in an ATM stock offering program.

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  • Li Auto reaches 500,000th delivery milestone Li Auto

    Li Auto reaches 500,000th delivery milestone

    As of today, Li Auto's cumulative deliveries so far this month stand at 34,501 units.

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