Phate Zhang

  • Morgan Stanley explains why Xpeng shares have been weak recently

    Shares of Xpeng have fallen back to the level prior to the Volkswagen deal, despite improving operations and strategic opportunities, Morgan Stanley noted.

  • WM Motor says 'pre-restructuring' does not mean bankruptcy, denies founder fled overseas

    WM Motor has denied reports that its founder Freeman Shen has fled to the US, leaving behind nearly RMB 40 billion in investments and debts.

  • Li Auto releases more official images of Li Mega

    Li Auto today shared five more images of the Li Mega and hinted that the MPV's wind resistance will be as low as that of a coupe.

  • BYD averages about $1,440 in profit per vehicle in Q3

    BYD's average profit per vehicle improved by about RMB 2,700 in the third quarter from the second quarter, driven primarily by scale advantage, analysts said.

  • Sunwoda's EV battery business kicks off IPO process in China

    Sunwoda is one of the world's largest power battery makers, and its EV battery business was valued at RMB 35.56 billion in its last funding round in June.

  • BYD expects Q3 net profit to rise as much as 69% from Q2

    BYD expects its net profit for the first three quarters to be RMB 20.5 billion - RMB 22.5 billion, up 120.16 percent - 141.64 percent year-on-year.

  • China EV insurance registrations for week ending Oct 15: Li Auto 10,500, Tesla 7,500, Nio 3,500

    As of October 15, Li Auto was at 17,800 so far this month, Tesla at 8,400, Nio at 5,100 and Xpeng at 4,600 units.

  • Li Auto CEO shares uncamouflaged images of Li Mega MPV

    Li Auto CEO shared two camouflage-free images of the Li Mega and hinted that the model will have very low wind resistance.

  • Nio applies trademark for its 1st in-house chip Yangjian

    Nio's first chip, a LiDAR master chip, will begin mass production in October, the company previously said.

  • BYD launches Dolphin and Seal in Finland

    The Dolphin and Seal will be available immediately at BYD stores, while the Atto 3, Han, and Tang have previously been available to Finnish customers.