Phate Zhang

  • SAIC launches MG Mulan with starting price of $18,620 in China

    SAIC said it has sent 10,000 units of the MG Mulan compact crossover to Europe, and the model will be available in more than 80 countries next year.

  • Geely affiliate unveils 600-kW supercharging tech that claims to add 300 km of range in 5 minutes

    Geely affiliate Vremt says its 600-kW supercharging technology is now in mass production and ready to be brought to market quickly.

  • Nio stands at inflection point of scale effect, says CITIC Securities

    The launch of Nio's new products based on the NT 2.0 platform, especially the ET5, is a turning point that is expected to allow it to start gradually seeing scale effects.

  • Xpeng shares could see temporary rally with G9's launch, says Deutsche Bank

    If Xpeng management comes up with an attractive pricing strategy for the G9 and offers a higher number of pre-orders, its shares should react positively, according to Edison Yu.

  • BYD Semiconductor to put chip production line in Hunan into operation in Oct

    The production line, which completed installation on September 5, can produce 500,000 automotive chips per year.

  • Nio gross margin to get some fix in Q3, says Soochow Securities

    Nio's NT 2.0 platform-based SUV ES7 started deliveries in August, while orders following the previous price hike started deliveries in the third quarter.

  • Svolt Energy to build 2nd plant in Germany for battery cell production

    Svolt Energy previously had a plant in Germany for the production of battery packs.

  • Nio opens up 15% in Hong Kong to one-month high

    Nio opened up 15 percent to HK$165.6 in Hong Kong, a new high since August 16. The company gained 13.52 percent in the US overnight.

  • Deutsche Bank says these two factors will drive Nio's outperformance

    Nio ET5 has received an overwhelmingly positive initial reception, while sales of older models -- ES8, ES6, EC6 -- have not been significantly impacted by the new SUV ES7.

  • Spy photo points to possible Nio ET5 variant with electric rear wing

    The Nio ET5 may have a higher performance version available in the future that may come with an electric rear wing, according to local media.