Phate Zhang

  • Tesla's 35,000th Supercharger worldwide installed in central Chinese city Wuhan

    This comes seven months after Tesla installed its 30,000th Supercharger worldwide.

  • China's NEV sales up 49.6% in May from April, CAAM data show

    China's auto industry as a whole still reported lower sales in May compared to a year ago, despite an improvement from April.

  • BYD's market cap reaches RMB 1 trillion

    A series of catalysts are driving BYD's rally, with its shares up about 50 percent cumulatively since May 10.

  • BYD's Denza brand expanding aggressively as it works to build 76 stores across China

    Months after BYD decided to increase its stake in Denza, its joint venture with Mercedes-Benz, to 90 percent, the brand is moving ahead at a rapid pace in its new product planning and offline store construction.

  • Nio's battery swap network covers major highway from Beijing to Kunming

    As of June 10, Nio had 964 battery swap stations in China, 247 of which are located along highways.

  • SAIC-GM-Wuling to unveil first model to use DJI's smart driving system

    The model could be based on the Baojun KiWi EV and equipped with DJI's D80/D80+ smart driving system.

  • Deutsche Bank's first look at Nio's Q1 earnings

    "We continue to believe Nio can exit 2022 at around a 25,000 monthly deliveries run-rate," said Edison Yu's team.

  • Nio Q1 earnings call: EV maker to develop batteries in-house

    Nio plans to start delivering a model for the mass market in the second half of 2024, and the price of the model is in the range of RMB 200,000 to 300,000.

  • Nio Q1 revenue beats expectations, but higher battery costs lead to lower margins

    Nio refrained from raising vehicle selling prices in the face of rising raw material costs in the first quarter, which had a negative impact on gross margins.

  • Tesla's Shanghai plant returns to 100% capacity utilization

    Since production resumed in late April, Tesla Giga Shanghai has produced a cumulative total of more than 40,000 vehicles.