Phate Zhang

  • EV stocks plunge in Hong Kong as overall market moves lower

    It's another sell-off unrelated to the fundamentals of these companies, as investors worry about the prospect of aggressive interest rate hikes by the Federal Reserve.

  • Tesla reportedly suspends production at Shanghai plant again due to supply issues

    Among Tesla's suppliers facing problems is wiring harness maker Aptiv after an infection was found among its employees, according to the report.

  • Great Wall Motor's Ora brand sells 3,088 vehicles in April, down 78% from March

    In the January-April period, Ora sales were 36,842 units, down 3.5 percent from 38,159 units in the same period last year.

  • Tesla owner who accused brake failure apologizes, admits fabricating infomation

    An owner who accused Tesla of brake failure has publicly apologized more than a year after the accident.

  • Gotion signs MOU for lithium mining in Argentina

    An Argentine state-owned company will provide Gotion with prospecting and mining rights to explore a potential lithium resource of about 17,000 hectares.

  • JAC sells 7,671 EVs in April, down 46% from March

    JAC sold 27,387 units of all models in April, down 48.4 percent from 53,034 units in the same month last year.

  • BAIC sells 2,017 NEVs in April, down 65% from March

    BJEV produced 220 units in April, up 45.7 percent from 151 units in the same month last year.

  • BYD's Changsha plant halts production for rectification, report says

    An investigation team is already on-site at the plant, and an analyst says a shutdown will inevitably affect production and deliveries.

  • Chinese eVTOL startup WEFLY secures tens of millions of dollars in angel round funding

    WEFLY hopes to become a manned eVTOL operator in the medium to long term, and being an electric shuttle bus in the air is its long-term vision.

  • Voyah's Dream MPV officially launched with starting price of about $55,490

    Voyah said the Dream MPV has received more than 4,000 orders since its pre-sale last month and deliveries are expected to start from the third quarter.