Phate Zhang

  • Nio ET7 becomes 10th best-selling premium sedan in China in first full delivery month

    The Mercedes-Benz C-Class was No. 1 with 10,648 units sold, but down 34.1 percent from a year ago.

  • Nio expects to list in Singapore on May 20

    Nio's Singapore listing will make it the first EV maker in the world to list in three venues.

  • BYD significantly narrows gap with CATL in China's EV battery market in April

    BYD's share reached 32.2 percent in April, narrowing the gap to 6.1 percentage points from CATL's 38.3 percent share.

  • China's April NEV sales at 299,000 units, down 38% from March, CAAM data show

    Compared to the NEV market, China's overall auto market performed worse in April, with sales down 47.1 percent from March.

  • Elon Musk confirms Tesla will expand Shanghai plant

    China is the world's largest market for new cars and electric vehicles and will account for 25 or 30 percent of Tesla's total business in the long run, Musk said.

  • Leapmotor unveils C01 sedan with cell to chassis technology

    The Leapmotor C01 is a sedan over 5 meters in length with a pre-sale price range of RMB 180,000 ($26,770) - 270,000.

  • EV stocks soar in Hong Kong as broader market recovers

    As of press time, Nio was up 5.29 percent, Xpeng was up 5.79 percent, Li Auto was up 9.88 percent and BYD was up 6.05 percent.

  • Tesla's Shanghai plant sees first vehicle exports since resuming production

    The Glovis Splendor vehicle carrier with 4,767 Tesla vehicles departed from Shanghai's Nangang terminal to the Port of Koper in Slovenia.

  • Deutsche Bank's first look at Li Auto's Q1 earnings

    Li Auto reported solid Q1 results while Q2 guidance was somewhat soft given uncertainty around the Covid recovery cadence.

  • Denza, BYD's JV with Mercedes-Benz, to launch MPV model D9 on May 16

    The Denza D9 MPV will be available in a pure electric EV version as well as a DM plug-in hybrid version.