Phate Zhang

  • CATL has set price for its share offering at RMB 410, report says

    The pricing represents a 12 percent discount to CATL's closing price in Shenzhen on Wednesday and a premium of about 21 percent to the offering's floor price of RMB 339.67.

  • Nio rises 6.6% in Hong Kong after ES7 launch and refresh of existing models

    Deutsche Bank analyst Edison Yu's team believes Nio's deliveries are expected to move higher, shifting the narrative from supply constraints to a strong product super cycle.

  • Nio perfectly solves dilemma that none of its peers could have done with ES7 launch event

    Launching new products and making massive upgrades to existing products is a dangerous thing for an automaker to do. However Nio navigates well from that situation.

  • Nio ES7 launch event: Live updates

    CnEVPost is reporting on the Nio ES7 launch event in live text stream, with the latest content being featured at the top.

  • Nio exec shares images of ES7 ahead of official launch

    The images make the Nio ES7 significantly more attractive than those shown in previous regulatory filings.

  • Further Reading: How does Shanghai's auto market fare after life returns to normal from Covid?

    Nio's ET7 seems to be continuing to draw Shanghai customers to its stores, while WM Motor, Volkswagen, Toyota, GM, and GAC Aion are seeing fewer visitors in their stores.

  • Hanma, controlled by Geely, will stop production of ICE vehicles in December 2025 to focus on NEVs

    Hanma's Shanghai-traded shares rose by the 10 percent daily limit Wednesday, bringing its cumulative gain since the April 27 low to 50 percent.

  • BYD sees first production lines open at its battery facility in Shaoxing, East China

    The first phase of the site will have an annual capacity of 15 GWh of power cells for BYD's DMi series.

  • Nio opens up 11.6% in Hong Kong as ES7 launch looms

    Nio opened up 11.61 percent to HK$148, recovering losses from the past two days. The company's US-traded shares rose 16.7 percent to $18.66 overnight.

  • Nio's product supercycle looks intact, says Deutsche Bank

    "Looking ahead, we can envision the stock outperforming in the 2H of the year at the very least on a relative basis," Deutsche Bank analyst Edison Yu's team said.