Phate Zhang

  • BYD cuts prices on some models, delivery wait times shortened

    This is BYD's first price cut this year, meaning that keeping market share stable in 2023 may be more important than maintaining profit margins.

  • Nio hosts battery partner forum in Hefei with multiple raw material giants

    It's easy to see from this big gathering that Nio is firmly committed to developing its own batteries -- and its ambitions don't just involve battery packs, but also point to cells, local media said.

  • BMW recalls over 90,000 EVs in China due to software issues

    BMW is recalling a total of 93,632 iX series, i3 and i4 electric vehicles in China and will fix them with software updates.

  • BYD's mysterious new brand has internal code name 'F Brand', could target off-road market, report says

    BYD's personalized new brand has an internal code name of "F Brand" and the first model could be an off-road SUV like Great Wall Motor's Tank 300, local media said.

  • Audi's request to invalidate Nio ES8 and ES6 trademarks in Europe rejected

    European intellectual property authorities have ruled that Nio's ES8 and ES6 and Audi's S8 and S6 do not constitute a likelihood of confusion.

  • Nio opens 2nd showroom in Sweden

    The Nio Space, located in the heart of Göteborg, showcases the Nio ET7, EL7 and ET5.

  • Nio plans new 40 GWh battery plant in Hefei, report says

    Nio's battery plant will have an annual capacity of 40 GWh and could power about 400,000 long-range electric vehicles, Reuters reported.

  • Li Auto Q4 earnings preview: Solid results expected with potential margin upside

    Deutsche Bank believes the true test for Li Auto will come in the second half of the year.

  • Nio Q4 earnings preview: Will cloudy skies last until summer?

    Deutsche Bank's Edison Yu's team thinks Nio's performance will improve significantly in the second half of the year, but there's a big "IF" in it.

  • Nio's ALPS sub-brand will have its own sales channel and half as many models as Nio brand, report says

    According to Nio's internal expectations, ALPS will have half the number of models than the main brand Nio, but will aim to achieve 50,000 units per month in sales, local media said.