Phate Zhang

  • Blogger who said Nio had no future three years ago becomes one of the first ET7 owners

    A well-known car blogger who slammed Nio for not having the ability to build a car three years ago has become one of the first owners of an ET7.

  • Zeekr delivers 4,302 vehicles in June, basically flat from May

    Zeekr had previously mentioned that the availability of air suspension, which has had the worst impact on deliveries, would improve in June.

  • Deutsche Bank explains Nio's relationship with Weineng, which was put in spotlight by short report

    Edison Yu's team explains perfectly what Weineng is, why it was formed and how it relates to Nio.

  • Wall Street analysts reaffirm positive views on Nio, refute short-selling allegations

    Morgan Stanley sees Nio shares rising in the next 15 days, and Daiwa advises investors to accumulate Nio shares on any weakness.

  • Mercedes-Benz allows Chinese EQS owners to upgrade their vehicles' rear-wheel steering system, but they need to subscribe on annual basis

    Entry-level EQS owners can have their car's active rear-wheel steering angle increased from 4.5° to 10° after the upgrade, thereby reducing the turning diameter.

  • Li Auto CEO sees German luxury automakers' SUV prices in China dropping sharply within two years

    By the end of 2024 at the latest, the main models of BBA's locally produced medium-to-large SUVs will be selling for less than RMB 500,000, he said.

  • Nio adds wearable device sales to its range of business

    The move appears to be in preparation for the start of sales of VR/AR glasses as part of Nio's efforts to provide users with a better smart cockpit experience.

  • Evergrande's first model to start pre-sales in July and deliveries in October, report says

    The pre-sale price of the Hengchi 5 has not been fully determined and is expected to be around RMB 200,000 yuan ($29,880), with the first production run of about 10,000 units, according to local media.

  • Changan to suspend taking orders for hot-selling Benben EV from July 1 amid rising raw material prices

    Changan EV becomes the latest after Ora to stop taking orders for its low-priced hot-selling model as raw material prices continue to rise.

  • BYD's new plant in Hefei sees first vehicles roll off line

    This is BYD's sixth production site in China and currently produces the Qin Plus DM-i and core components including the engine and motor.