Phate Zhang

  • Nio delivers 15,641 vehicles in Sept, down 19% from Aug

    Nio delivered a record 55,432 vehicles in the third quarter, slightly above the lower end of its previously provided guidance range of 55,000 to 57,000 vehicles.

  • Xpeng delivers 15,310 vehicles in Sept, Q3 deliveries 2nd-highest on record

    The G6 delivered 8,132 units in September, contributing 53.12 percent of Xpeng's monthly deliveries.

  • Li Auto delivers record 36,060 vehicles in Sept, Q3 deliveries exceed upper end of guidance

    This is the sixth consecutive record monthly delivery for Li Auto, bringing third quarter deliveries to a record 105,108 units, above the upper end of the previous guidance range of 100,000 to 103,000 units.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.