Phate Zhang

  • Cathie Wood's ARKQ now holds just 200 shares of Nio after constantly unloading over past 10 days Nio

    Cathie Wood's ARKQ now holds just 200 shares of Nio after constantly unloading over past 10 days

    In the meantime, ARKQ has also sold its shares of Xpeng three times this month and now holds about $3.77 million worth of the company's stock.

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  • Nio president reveals further details on sub-brand models, Nio phone and more Nio

    Nio president reveals further details on sub-brand models, Nio phone and more

    Deliveries of vehicles under Nio's sub-brand codenamed ALPS are expected to begin in 2024, and deliveries of the company's first phone model are expected to begin in the third quarter of this year.

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  • BYD orders 2 vehicle carriers from local shipbuilder Guangzhou Shipyard International BYD

    BYD orders 2 vehicle carriers from local shipbuilder Guangzhou Shipyard International

    The order is BYD's first for car carriers, each capable of carrying up to 7,000 vehicles.

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  • Baillie Gifford adds 24 million shares of Nio, clears position in Li Auto in Q4 Nio

    Baillie Gifford adds 24 million shares of Nio, clears position in Li Auto in Q4

    Baillie Gifford increased its position in Nio ADR by 25.09% during the fourth quarter, valued most recently at $1.18 billion.

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  • Audi wins lawsuit against Nio in Germany over ES6 and ES8 naming Nio

    Audi wins lawsuit against Nio in Germany over ES6 and ES8 naming

    A German court has ruled that the Nio ES6 and ES8 sound too similar to Audi's existing S6 and S8 models.

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  • Nio replaces head of vehicle engineering to speed up R&D, report says Nio

    Nio replaces head of vehicle engineering to speed up R&D, report says

    The move by Nio is aimed at further focusing resources, speeding up vehicle development and efficiency to increase leverage for future competition, according to local media.

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  • Deutsche Bank on Xpeng price cut: Fighting for volume takes priority Xpeng

    Deutsche Bank on Xpeng price cut: Fighting for volume takes priority

    By fighting for volume, Xpeng's gross margins will take a hit as costs are not materially lower, Edison Yu's team said.

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  • Nio to launch ET5 shooting brake variant in Europe in June or July, says president Nio

    Nio to launch ET5 shooting brake variant in Europe in June or July, says president

    The shooting brake variant of the Nio ET5 will debut in Europe, where there is a large market for the model, according to Qin Lihong.

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  • Xpeng aims to see operating profit turn positive by 2025 Xpeng

    Xpeng aims to see operating profit turn positive by 2025

    Xpeng aims to see sales of 1.2 million by 2027 and reach about 30 percent share of the fully autonomous vehicle market.

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  • Nio, CATL sign deal involving cooperation on new brands, projects Nio

    Nio, CATL sign deal involving cooperation on new brands, projects

    The agreement involves technical cooperation for new brands, projects and markets, as well as overseas business expansion, CATL said.

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