Phate Zhang
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China issues new measures to boost auto consumption with emphasis on support for NEVs
The document lists 10 measures, three of which are directly related to support for the NEV sector, and specifically mentions support for the battery swap model.
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CATL reportedly asks suppliers to offer up to 10% discount on lithium carbonate prices
CATL asked cathode material suppliers in early July to offer a 5 percent to 10 percent discount in settling lithium carbonate prices, according to local media.
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SAIC confirms it's working with Audi on EV platform
SAIC and Audi believe that China's auto market is undergoing an unprecedented and dramatic transformation, and will therefore further deepen their strategic cooperation.
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Nio Power Day 2023: What you need to know
Aggressive infrastructure plans will continue, car sales are picking up, but the 150-kWh battery pack will probably be slightly delayed again.
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Nio Power Day 2023: live updates
Nio is hosting a new Nio Power Day event, the EV maker's third annual presentation on its power-up system.
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Chinese EV startup Leapmotor reportedly in talks to license technology to foreign firm
Leapmotor is set to become the first Chinese car-making startup to license EV technology to an overseas company once the deal is finalized.
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Pacific Securities initiates coverage on Nio, expects 160,000 EV deliveries in 2023
Pacific Securities has a buy rating on Nio's Hong Kong-traded shares, with a target price of HK$103.62, implying an upside of 26.14 percent.
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BYD sees 1st production cars of Seal DM-i roll off line
BYD's Seal DM-i will hit the market in the third quarter, and the Zhengzhou base is expected to have a monthly production capacity of up to 30,000 units.
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Pacific Securities initiates coverage on Xpeng, expects new models X9 and G7 to launch in H2
The team has a HK$71.86 price target on Xpeng's Hong Kong-traded shares, implying an upside of 25.63 percent.
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Mercedes-Benz recalls 32,786 imported S-Class and EQS vehicles in China due to software issue
Due to a software issue, the ESP internal monitoring program in the vehicles covered by this recall may incorrectly determine a malfunction at the start of the driving cycle.









