Phate Zhang

  • Nio exits from shareholder list of its joint venture with GAC

    Earlier this month, a company originally formed by Changan and Nio announced the completion of a new round of financing that reduced Nio's stake to less than 1 percent.

  • Nio seen transporting ET7 sedans across Europe

    Trailers transporting the Nio ET7 have been seen driving on the roads in the Netherlands, Belgium and Norway.

  • Nio sees first ET5 pre-production vehicles roll off line as deliveries about 1 month away

    Nio previously said that ET5 deliveries would begin in September 2022, but the expected first delivery date was announced.

  • BYD's Denza brand officially launches D9 MPV in China

    The all-electric version of the Denza D9 has two fast charging ports and can be charged simultaneously using two chargers.

  • Xpeng falls to record low in Hong Kong after disappointing Q3 guidance

    Xpeng has fallen a cumulative 64 percent so far this year in Hong Kong. Li Auto has fallen a cumulative 11 percent so far this year. Nio has fallen 11 percent since listing in Hong Kong on March 10.

  • Li Auto's SiC chip R&D and production base begins construction

    The facility will launch prototype production in the first half of 2023 and go into full production in 2024.

  • CATL H1 net profit up 82% year-on-year, first models with Qilin Battery to be announced soon

    In the first half, CATL's gross margin was 18.68 percent, up 4.2 percentage points from 14.48 percent in the first quarter.

  • Xpeng Q2 earnings call: New model to be launched in H1 next year to take on Tesla Model Y

    Xpeng will also launch a C-class model in the second half of next year to bring an ultimate experience to a user base that needs more space and comfort.

  • Xpeng's weak Q3 outlook suggests further demand deterioration, says Deutsche Bank

    "Even if we embed some degree of conservatism, this suggests further demand deterioration in Aug/Sep on a sequential basis."

  • Tesla says no current plans to use new batteries in China-made vehicles

    Tesla's China-made models have no current plans to use any new models of batteries, including the 4680 cell, it said.