Phate Zhang

  • Nio delivers 5,074 units in April, down 49% from March

    In late March and April 2022, Nio's vehicle production and delivery have been impacted by the supply chain volatilities and a new wave of the Covid-19 outbreaks.

  • BYD sees 200,000th vehicle of its flagship Han sedan roll off line

    The BYD Han is the first locally-branded sedan priced above 200,000 yuan ($30,300) to reach that milestone.

  • Ford to raise Mustang Mach-E prices in China on May 5

    Ford Mustang Mach-E prices in China will be raised by RMB 7,000 yuan - 22,500 yuan ($3,530) on May 5.

  • Zeekr delivers 2,137 vehicles in April, up 19% from March

    Zeekr's only model currently on sale, the Zeekr 001, saw an increase in price or a reduction in the benefits offered to consumers today.

  • BAIC's Arcfox brand to raise prices on some models by about $820

    Arcfox originally planned to start raising prices on May 1, but the plan has been postponed to May 16.

  • Voyah to offer cockpit chip upgrade to existing owners ahead of Nio

    Voyah will allow customers to pay to upgrade the cockpit chip in the Voyah FREE to a Qualcomm Snapdragon 8155 chip starting May 1.

  • CATL says it has renegotiated prices with customers to jointly address supply chain pressures

    CATL is very cautious when it comes to prices in order to maintain a healthy industry, but prices have risen too quickly this year, an executive said.

  • China plans to end crackdown on tech giants amid economic slowdown, reports say

    China plans to hold a symposium with the country's big tech companies to show them that the regulatory storm will end to support the economy, according to multiple reports.

  • Didi said to have entered driverless truck space

    Didi has entered the Robotruck space, with the project forming a team about 1.5 years ago, according to local media.

  • CATL sees 24% year-on-year drop in net profit in Q1 amid rising material prices

    CATL's operating costs rose 199 percent year-on-year to RMB 41.6 billion in the first quarter due to rapidly rising upstream raw material prices.