Phate Zhang
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Tesla sells used cars at higher prices than new cars on its China website
Tesla's Chinese website sells a used Model 3 as well as a used Model Y for a price higher than the price of a new car with the same specifications.
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BYD Semiconductor unveils new MCU chip for vehicles
From windows and seats, to body control and engine control, every innovation in automotive electronics has to be realized through the computing and control functions of MCU chips.
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EV battery maker Gotion signs supply deal with Geely's commercial vehicle division
Gotion will supply power cell products to Geely New Energy Commercial Vehicle Group from 2022 to 2024, with an estimated total of 126,000 units.
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CATL shares plunge as investors worry about rising costs affecting profits
Rumors surfaced yesterday that CATL may post earnings of less than RMB 5 billion in the first quarter, falling short of market expectations.
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Huawei-backed AITO to raise prices of first model M5 next month
AITO Wenjie M5 retail sales in March were 3,045 units, according to data released by the CPCA earlier this month.
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Alibaba-backed DeepRoute unveils new Robotaxi fleet with self-driving kit costing less than $10,000
DeepRoute-Driver 2.0 currently costs less than $10,000, and the cost of the self-driving system could be reduced by another 70 percent after large-scale partnerships with automakers.
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BYD's auto business has passed its most stressful time, net profit will improve quarter by quarter, analysts say
BYD's net profit will continue to improve every quarter going forward as lithium carbonate prices fall and model price increases bring profit flexibility, CITIC Securities said.
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Nio's battery asset operator raises $62.62 million through ABN offering
This allows Mirattery to establish a direct financing channel in the Chinese interbank market, providing a boost to the further development of its BaaS service system, it said.
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Tesla Shanghai plant resumes production, 8,000 employees return to work
Tesla says it still has about a week's worth of vehicle parts in stock and is actively pushing more than 100 suppliers to resume production with the support of Shanghai authorities.
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CATL's Zhaoqing base finishes construction of first phase plant, expected to start production in June
Equipment installation for the project is underway, and the module plant has seen battery pack samples roll off the line.









