Phate Zhang

  • Firm under Geely's umbrella plans to buy 79% stake in phone maker Meizu, regulatory filing shows

    Meizu was one of the first smartphone makers in China, established before Xiaomi.

  • BYD Seal to start mass production in June with monthly capacity up to 15,000 units

    Previously, a team of Chinese analysts expected the steady-state monthly sales of BYD Seal to exceed 30,000 units.

  • Nio confirms online product launch on June 15, ES7 expected

    Nio has confirmed that it will hold an online product launch on June 15, which will be the company's first online launch of new products.

  • Nio to build parts industrial park in Lu'an, Anhui province with local government

    The first phase of the park is scheduled to be completed in the first half of 2023 and will have an annual capacity of 300,000 tons of aluminum die-casting.

  • Tesla rumored to participate in subscription for Chinese lithium giant Tianqi's Hong Kong listing

    Previously BYD has made a strategic investment in another Chinese lithium producer, Chengxin Lithium, and signed a lithium procurement contract with it.

  • Tesla delivers 3,950 Model 3 and 5,875 Model Y vehicles in China in May

    Tesla's Shanghai plant produced 33,544 vehicles in May, with 22,340 of those vehicles being exported.

  • Nio ET7 in top 10 best-selling premium sedans in China for second consecutive month

    The Nio ET7 ranked ninth in China's top premium sedan sales in May, moving up one spot from its first full delivery month in April.

  • CATL's share in China's power battery market rebounds in May while BYD declines

    CATL and BYD's share of the China power battery market returned to their respective normal levels in May, after a Covid disruption in April narrowed their gap significantly.

  • 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.