Phate Zhang
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Tesla plans to keep employees at Shanghai plant working in close-loop until mid-June, report says
Tesla is trying to start a second shift at the plant as early as next week so that car production can resume running around the clock once supplies of parts become smoother, according to Bloomberg.
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Soochow Securities initiates coverage on Nio with Buy rating
As Nio's existing model matrix continues to improve and the sub-brand allows further sales growth, Nio's annual sales are expected to reach 1-million-unit level by 2025, the team said.
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State paper article says Nio's Singapore listing underscores Chinese automakers' global presence
Nio's listing in three venues creates new possibilities for Chinese automakers to further globalize and turn China into an automotive powerhouse, said the Economic Daily.
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EV stocks rise in Hong Kong after China cuts interest rate
China's central bank today cut its benchmark LPR rate for 5-year and above by 15 basis points to 4.45 percent.
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SAIC's Rising Auto to use Huawei's head-up display system in its R7 SUV
The AR-HUD system offers a 13°*5° field of view, the world's largest, to create a flat-screen AV experience while parked 7.5 meters in front of the driver.
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CATL becomes first EV battery maker to comply with new European regulation
The certification will be required for all power battery systems exported to ECE member states from September 1, 2023.
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Nio to live-stream its Singapore listing event on Friday
Nio will live-stream its Singapore listing on its website, app and YouTube starting at 8:39 am Beijing Time on Friday.
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Xpeng to report Q1 earnings on May 23, what to watch?
Deutsche Bank analyst Edison Yu's team lowered their price target on Xpeng by $2 to $53, taking into account slightly lower expected sales.
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Geely's second power battery project with Farasis Energy starts construction
The project has a planned capacity of 12 GWh, with a construction cycle of about 24 months, and is expected to start trial production by the end of 2023.
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Xpeng, Li Auto in spotlight for terminating job offers for fresh graduates
Dismissing an offer or laying off employees is normal for a company, but in China, things get delicate when it comes to groups that are considered disadvantaged.









