Phate Zhang

  • SAIC-GM-Wuling takes page from Nio's book to make its Mini EV even more affordable

    SAIC-GM-Wuling is allowing consumers to pay only for the vehicle body and rent the battery when they buy the Mini EV, lowering the purchase threshold to RMB 19,800 ($2,860).

  • Full text: Li Auto Q1 earnings call transcript

    Li Auto aims to reach 30,000 units delivered in a single month in June, the company's management said.

  • Nio files to use semi-solid-state batteries in its vehicles

    Nio's models are finally close to being able to use semi-solid-state batteries, with the EV maker filing to add WeLion as a battery cell supplier in three models.

  • Li Auto Q1 earnings: Deutsche Bank's first look

    The true test will be how sustainable this run-rate is in the second half of this year, Edison Yu's team said.

  • Li Auto sees Q1 revenue beat expectations, net income up 252% from Q4

    Li Auto expects to deliver between 76,000 and 81,000 vehicles in the second quarter, meaning a total of 50,319 to 55,319 vehicles for May and June.

  • BYD launches revamped Seal with lower prices

    The new BYD Seal starts at RMB 189,800, down RMB 23,000 from its predecessor's RMB 212,800.

  • Chinese auto giants Geely and Changan sign strategic cooperation deal

    In the first quarter, Changan and Geely ranked third and fourth, respectively, in China in terms of retail vehicle sales.

  • China allows 6-month sales extension for some ICE models based on existing emissions standard

    China will implement the China 6b emissions standard on July 1, although some models will be given a six-month sales transition period.

  • Xpeng to report Q1 earnings on May 24

    Xpeng delivered 18,230 vehicles in the first quarter, slightly above the lower end of its guidance range of 18,000 to 19,000 vehicles.

  • Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant

    Including exports, China-made Model 3 and Model Y sales in April were 26,783 and 49,059 vehicles, respectively, according to the CPCA.