Phate Zhang

  • Great Wall Motor's Ora brand sells 6,261 vehicles in Feb, down 15% year-on-year

    Ora stopped taking orders for its lower-priced Black Cat and White Cat models in mid-February, saying they were causing losses for the company.

  • Nio to register about 60% of its Class A ordinary shares in Hong Kong

    Nio's 820 million Class A ordinary shares, or about 58.89 percent of the total number of outstanding Class A ordinary shares, will be registered in Hong Kong by 9 am Thursday.

  • Mercedes-Benz EQC recall plan in China fails to quell customer discontent

    Mercedes-Benz had planned to recall a total of 10,104 EQC vehicles from August 15, but many owners have asked the company to advance that process with new demands.

  • Some are selling Nio ET7 pre-orders for double or even triple the amount they initially paid

    Dozens of people on China's most well-known second-hand trading platform are hoping to make a buck by transferring their pre-orders for the Nio ET7 that will allow for very early delivery.

  • China's wholesale sales of passenger NEVs at 317,000 units in Feb, up 189% year-on-year

    The penetration rate of NEVs in wholesale sales in February was 21.8 percent, up 12.2 percentage points from 9.6 percent in February 2021.

  • Tesla sells 56,515 China-made vehicles in Feb, up 208.5% year-on-year

    This includes 33,315 vehicles exported and 23,200 vehicles delivered by Tesla in China in February.

  • BAIC sells 1,263 NEVs in Feb, up 25% year-on-year

    BJEV produced 653 units in February, up 83.6 percent from 323 units in the same month last year. In the first two months, the company produced 1,684 units.

  • Property developer Country Garden invests in solid-state battery startup Talent

    Country Garden's venture capital arm has invested in Chongqing Talent, which is building a 200 MWh automated production line for solid-state lithium batteries in Chongqing.

  • GM to build new import-focused business in China

    GM aims to reach 1 million electric vehicles production capacity in China by 2025 and introduce more than 20 electric vehicles into the country.

  • Jidu CEO says swap stations will dominate EV power-up system

    In Jidu's CEO's opinion, battery swap stations will overtake superchargers and home chargers as the primary means of replenishing energy when EVs become mainstream.