Phate Zhang

  • Audi begins pre-sales of A6L e-tron with Huawei driver-assist system in China

    The A6L e-tron starts at 313,000 yuan ($45,340) in pre-sales in China and is equipped with Huawei's Qiankun ADS.

  • RoboSense posts 1st quarterly profit as robotics LiDAR sales surge

    RoboSense reported a net profit of 103.7 million yuan ($15 million) in the fourth quarter of 2025, marking its first-ever profitable quarter.

  • BAIC details sodium battery with 450-km range

    BAIC said that its sodium-ion battery offers a range of 450 kilometers and supports 4C fast charging.

  • Xpeng previews 2026 Mona M03, bringing 750 TOPS computing power to sub-$20,000 EV market

    Xpeng will equip its lowest-priced model with its in-house developed Turing AI chip for the first time, supporting all-scenario assisted driving capabilities.

  • Nio officially launches Firefly EV in Thailand, debuts at Bangkok auto show

    The right-hand drive version of the Firefly EV has been officially launched in Thailand, priced at 799,000 baht ($24,460).

  • Li Auto launches 1st share buyback after prolonged stock slump

    Li Auto unveiled a $1 billion share repurchase program, marking its first buyback since its US listing in July 2020.

  • Hesai posts 1st full-year profit as LiDAR shipments triple

    Hesai achieved a net income of 435.9 million yuan ($62.3 million) in 2025, marking its first full-year profitability.

  • Nio's battery asset operator Mirattery lists $72.7 million ABS in Shanghai

    Mirattery's 501-million-yuan ($72.7 million) hold-type battery ABS has begun trading on the Shanghai Stock Exchange, marking a key step in its asset securitization.

  • BMW recalls 180,000 cars in China over wiring defect that could cause fire

    Affected models include domestically produced and imported 5 Series, 7 Series, and M5.

  • Nio's battery asset operator Mirattery raises funds via new ABN in interbank market

    Mirattery has issued a new green ABN with a total value of 1 billion yuan ($145 million) to support its battery asset business.