Phate Zhang

  • Xpeng Q2 revenue beats estimates, but provides weak guidance for Q3

    Xpeng expects third-quarter deliveries of 29,000 to 31,000 units, up only about 13 to 20.8 percent year-over-year.

  • Xpeng's vehicle license plate issue in Shanghai has been resolved

    The issue was caused by the relocation of Xpeng's Shanghai service center resulting in relevant information not being uploaded in a timely manner, according to local media.

  • Nio to use batteries from multiple suppliers including CALB and BYD in sub-brand, report says

    ALPS has adopted an open partnership stance, not only bringing in CALB and FinDreams, but also approaching battery makers including Eve Energy and Svolt Energy.

  • Xpeng vehicles reportedly denied license plates in Shanghai due to violation of local policy

    Shanghai was the fourth-largest city for Xpeng P7 sales in the first half of the year, and the second-largest city for Xpeng P5 and G3 series sales.

  • Polestar 2 vehicle facing hefty battery replacement costs has been scrapped

    The cost of replacing a battery pack in the Polestar 2 is twice the price of a new car, making the brand a recent talking point in China.

  • Xpeng responds to ex-Apple employee's guilty plea to trade secret theft charges

    More than four years into the case, Xpeng is not aware of the specifics of the case and has not been involved in the subsequent investigation of the case by US judicial authorities, the company said.

  • Ex-Apple employee pleads guilty to stealing trade secrets before joining Xpeng

    Zhang Xiaolang joined Xpeng in May 2018 and was arrested in the US in July 2018 before returning to China.

  • Great Wall Motor's Haval brand to stop selling ICE vehicles in 2030

    The Haval H6 was China's best-selling SUV for the past several years, but it has now been dethroned by BYD's Song.

  • Li Auto partners with AR firm Leiniao as Nio-backed Nreal nears product launch

    Starting August 25, Leiniao Air XR glasses will be available on Li Auto's online store, and on August 23, Nreal will hold its first AR glasses launch in China.

  • China imports lithium carbonate in July at about 10 times price of same month last year

    Lithium resources are sufficient and the Chinese NEV market will not be materially affected by lithium prices in the coming months, according to CPCA secretary-general.