Phate Zhang

  • Nio's battery swap network completes initial coverage of major cities in middle reaches of Yangtze River

    Nio completed initial coverage of the region with 42 battery swap stations, located in 39 cities in Hubei, Hunan and Jiangxi.

  • Battery maker Svolt, spun off from Great Wall, files for IPO in China

    Svolt Energy plans to raise RMB 15 billion, seeking a valuation of RMB 60 billion.

  • Fire hits BYD's plant said to produce mainly phone and computer accessories

    The BYD production site that caught fire was mainly used for the electronics business. No one was killed or injured in the accident.

  • Xpeng drastically reduces its model SKUs, prices remain unchanged

    Xpeng has cut the SKUs of the P7, P5 and G3i in half, seemingly hoping to boost declining sales by making it easier for consumers to choose.

  • Jidu teases its second model, possibly a sporty coupe

    Judging from the image, Jidu's second model will probably be a sporty coupe with large dimensions.

  • Gotion, Vingroup begin construction of battery plant in Vietnam

    The first phase of the plant has a planned annual capacity of 5 GWh and is expected to be operational by the end of 2023.

  • BlackRock has been trading BYD like day trader for past 4 months

    BlackRock has reduced and increased its holdings in BYD Hong Kong shares several times in the second half of the year.

  • Chinese regulators vow to crack down on price gouging as lithium prices rise to staggering levels

    China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery industry to maintain market order, a government document said today.

  • Nio's first swap station in Sweden goes online

    Multiple people crouched down to watch the ET7's battery being replaced, demonstrating the curiosity of local residents about this innovative way of replenishing energy.

  • Nio starts ET7 deliveries in Sweden

    Nio made the first ET7 deliveries in Germany and the Netherlands on October 18.