Phate Zhang

  • Xpeng starts pre-sales of new GX SUV, ramping up bets on premium market

    Xpeng GX pre-sales price is set at 399,800 yuan ($58,620), marking its expansion in the high-end market.

  • CATL sees Q1 profit climb 48.5% as revenue jumps over 50%

    CATL achieved a net profit of 20.74 billion yuan in the first quarter, representing a 48.52% year-on-year increase.

  • Former Xpeng autonomous driving chief to join robotics startup EngineAI

    Another company founded by EngineAI's founder was the predecessor to Xpeng's robotics unit.

  • GM's Buick brand defends MPV legacy against Nio ES9 threat

    Nio's CEO said the ES9 SUV could make people forget about MPVs, prompting a push-back from the Buick brand.

  • BYD sub-brand Linghui launches e7 sedan, targeting ride-hailing market with flash charging

    The Linghui e7 is the first model from the new BYD brand, with a starting price of 95,800 yuan ($14,050).

  • Chinese authorities summon Li Auto and Nissan over smear campaign allegations, report says

    Li Auto CEO accused Dongfeng Nissan of orchestrating a smear campaign against its core models, prompting Chinese regulators to intervene.

  • CATL, Wuling partner on under-10-minute EV fast charging

    The two companies will co-develop fast-charging technology capable of powering EV batteries from 10% to 80% in less than 10 minutes.

  • Fire at BYD campus garage sparks widespread concern as stock slips

    A fire at a multi-story garage used for storing test and scrapped vehicles has been extinguished, with no casualties reported.

  • CATL weighs $5 billion Hong Kong share sale, report says

    CATL's stock has surged by about 160% since it began trading in Hong Kong last May.

  • Nio shares surge in Hong Kong as CEO reiterates confidence in delivery target

    Nio shares jumped over 7% in Hong Kong early trading after its CEO reiterated strong confidence in an annual delivery growth target of 40% to 50%.