Phate Zhang

  • Li Auto posts earnings that beat expectations with record Q2 revenue and improved margins

    Li Auto expects third-quarter vehicle deliveries to be in the range of 100,000 to 103,000 units, implying year-on-year growth of 277.0 percent to 288.3 percent.

  • Tesla delivers 31,423 vehicles in China in Jul, exports 32,862 from Shanghai plant

    In the Chinese BEV market, Tesla's share was 7.46 percent in July, down from 16.53 percent in June, but up from 2.34 percent a year earlier.

  • China EV insurance registrations for week ending Aug 6: Tesla 12,800, Li Auto 7,200, Nio 4,300, Xpeng 3,100

    Major EV makers saw insurance registrations in China generally decline last week, as the beginning of the month usually sees lower numbers, with Tesla being one of the few to grow.

  • Nio says rumors of Mercedes deal false

    Last week, William Li accompanied several foreigners on a tour of a battery swap station, sparking a new round of rumors that Nio and Mercedes-Benz had entered into a partnership.

  • BYD to equip Stingray's karaoke feature in its models sold overseas

    BYD will integrate the Stingray's karaoke offering into its popular models sold in a dozen countries in 2023, with the rest to follow in subsequent years.

  • Shanghai aims for BEVs to contribute over 50% of new car sales by 2025

    In the first half of the year, NEVs, including BEVs and PHEVs, saw 152,033 license plate registrations in Shanghai, contributing to 51.24 percent of all vehicles.

  • Nio's solid-state battery supplier WeLion plans IPO by 2025

    WeLion aims to grow revenue 20-fold to RMB 10 billion by 2025, company founder Li Hong said in a recent Bloomberg interview.

  • Nio phone's core specs revealed by benchmarking platform

    The Nio phone that appeared in a benchmarking database is powered by a Qualcomm Snapdragon 8 Gen 2 SoC with 12 GB of RAM and 1 TB of storage.

  • Huawei exec teases new coupe that could be co-developed with Chery

    The coupe, which will be unveiled this quarter, belongs to the new Luxeed brand and will be the first to come with the HarmonyOS 4 operating system.

  • Nio refuses to deliver vehicle after discovering buyer is man it's suing

    Nio sued a vlogger in May and claimed RMB 5 million from him. The blogger was refused delivery when he was trying to buy an ES6 in July.