Phate Zhang

  • Further Reading: A rare glimpse into Nio's internal management

    Many readers are already familiar with Nio's business progress, but how is the company managing internally? This article offers a rare glimpse.

  • SAIC Audi's Q5 e-tron SUV goes on sale in China with starting price of about $55,760

    SAIC Audi's Q5 e-tron has a pricing range that overlaps significantly with the Nio ES6, but the specs look lower.

  • Tiger Global increases bets on Xpeng, Li Auto in Q1

    Tiger Global increased its stake in Xpeng by 120.33 percent and in Li Auto by 167.35 percent in the first quarter. The fund does not own any shares of Nio.

  • Tesla Shanghai plant capacity utilization at over 45%, local official says

    Giga Shanghai is still in single-shift production, and capacity has been significantly reduced compared to the original three-shift operation.

  • Hillhouse Capital liquidates Nio, Xpeng in Q1, cuts position in Li Auto by 50%

    At the end of the fourth quarter last year, it held 350,000 shares of Nio worth $11,088,000 and 666,500 shares of Xpeng worth $33,545,000.

  • Denza, BYD's JV with Mercedes, starts pre-sales of D9 MPV with prices starting at $49,450

    Denza announced a few hours after the launch that the D9 MPV received more than 3,000 orders within 30 minutes of the start of pre-sales.

  • Nio leads EV stock gains in Hong Kong amid overall market rally

    This is the third consecutive day of gains for Nio in Hong Kong, with cumulative advances of about 17 percent since last Friday.

  • BofA upgrades rating on Nio from Neutral to Buy

    BofA raised its price target on Nio from $25 to $26, believing negative factors seen are priced in.

  • Evergrande's first EV model, Hengchi 5, reportedly to open for pre-order on May 20

    The Hengchi 5 will initially be sold in small numbers to individual customers and will be used mainly in the ride-hailing market, local media reports said.

  • Xpeng to offer new color options for G3i SUV on May 20

    Xpeng is trying to add new appeal to the G3i to gain more popularity with younger customers.