Phate Zhang

  • Leapmotor starts bringing back combustion engines for its offerings to reverse plummeting sales

    Leapmotor announced that it is entering the dual-power era, with all new models to be offered in both BEV and EREV versions going forward.

  • Deutsche Bank on China EV sales: Jan weak but price cuts should boost sales going forward

    Deutsche Bank expects the latest round of price cuts to spur a big rebound in EV orders, with at least eight automakers already offering some type of price discount or promotion so far.

  • Li Auto launches Li L7 and new variant of Li L8, brings in new battery suppliers besides CATL

    Li Auto brought a lower-priced Air version to its product matrix for the first time, with the Li L7 Air and Li L8 Air powered by batteries from Svolt Energy and Sunwoda, respectively.

  • Tesla delivers 26,843 vehicles in China in Jan, Shanghai plant exports 39,208

    Tesla's deliveries in China in January were down 36 percent from 41,926 vehicles in December.

  • Nio's power products get support from innovation initiative in Europe

    Nio announced that it has joined the Horizon Europe program with 26 partners and received funding for research and development of energy storage systems in electric mobility services.

  • China's Jan passenger vehicle retail sales fall 41% year-on-year, preliminary CPCA data show

    The CPCA's preliminary figures were 8.8 percent below its January 28 estimate of 1.36 million units, implying a worse-than-expected performance in the final days of January.

  • Gotion to explore building 40 GWh overseas facility with European battery maker InoBat

    Gotion and InoBat will explore building a 40 GWh cell and Pack facility in Europe and explore producing energy storage batteries based on the latter's existing facility in Slovakia.

  • China NEV insurance registrations for week ending Feb 5: BYD 24,280, Tesla 8,643, Nio 1,948

    Insurance registrations for NEVs in China by major EV makers rebounded last week, although they have not yet reached the levels seen before the Chinese New Year holiday.

  • CICC expects China NEV sales to reach 1.5 million in Q1, with Jan as recent low point

    CICC expects the first quarter to contribute 15.7 percent of China's 2023 NEV sales, with 20.7 percent, 27.6 percent and 35.9 percent from the second to fourth quarters, respectively.

  • Nio has 1-2 new models that could begin deliveries by end of May, president hints

    Nio's yet-to-be-unveiled one or two new models could be delivered earlier than the EC7 and the new ES8, Qin Lihong said.