Phate Zhang

  • Li Auto's new SUV, Li L8, will come in four configurations, says CEO

    The Li L8 will take on the medium to large SUV market with four times the intensity of the Li ONE, according to Li Auto's CEO.

  • Ford offers Mustang Mach-E owners free Qualcomm 8155 chip upgrades in China, but there's a catch

    Owners need to refer at least 5 friends to sign up as members on the Ford Mustang Mach-E app and refer 1 friend to complete their first test drive.

  • Tianqi Lithium's H1 net profit up 119 times as lithium prices soar

    Lithium carbonate prices in China rose from RMB 270,000 per ton at the beginning of the year to about RMB 470,000 per ton at the end of the second quarter in the first half.

  • Tesla's entry-level Model Y wait times in China reduced to less than 1 month

    On August 18, Tesla just shortened the wait times for all available models in China.

  • Tesla reaches 100 Supercharger stations in Beijing

    Tesla had more than 1,200 Supercharger stations and nearly 9,000 Superchargers in the Chinese mainland as of August 30.

  • BYD says no need to over-interpret after Buffett's holdings cut sends shares plummeting

    As of press time, BYD's shares traded in Hong Kong were down more than 11 percent and those traded in Shenzhen were down about 8 percent.

  • Baidu's robotaxi platform Apollo Go has provided over 1 million rides

    Apollo Go has begun to gain significant recognition in the Yizhuang area of Beijing, gaining about 10 percent of the ride-hailing market share.

  • Nio ET5 has accumulated nearly 200,000 pre-orders, report says

    The figure is a projection by Nio's sales staff based on the number of the company's sales outlets in China and the average number of orders received per person, according to local media.

  • Spy photos show Nio testing SUV suspected to be new ES8 with LiDAR

    Nio will transform its existing 866 models into its new NT 2.0 platform next year, which will boost sales in the second half of 2023, according to Deutsche Bank analyst Edison Yu's team.

  • Berkshire sold 1.33 million shares of BYD traded in Hong Kong on Aug 24

    Following the move, Berkshire Hathaway's stake in BYD fell from 20.04 percent to 19.92 percent.