Phate Zhang

  • BMW i4 electric sedan launched in China, smaller than Nio ET5 but pricier

    The BMW i4 starts at RMB 449,900 in China, higher than the Nio ET5's RMB 328,000 yuan.

  • Nio to open its second used car store on Feb 26

    Nio will open another used car store in Guangzhou on February 26, the second after its Hangzhou store and its first in southern China.

  • Tesla Model S Plaid customer in China gets order update, hinting delivery likely in sight

    A Chinese user shared information that he received an email from Tesla stating that his Model S Plaid reservation order received an update.

  • Nio-branded phones rumored to be coming

    Nio will launch a cell phone business, and the project is currently in the initial research phase, according to a blogger who follows the company.

  • Hozon, which owns Neta brand, reportedly closes over RMB 2 billion in new financing

    Neta's total financing to date exceeded RMB 14 billion, equivalent to the total financing raised by Nio at the end of 2017.

  • BYD's blade battery said to enter India in Toyota models

    BYD's blade battery could enter India by being fitted in Toyota models, and the company is already recruiting for business related to it, local media said.

  • Zeekr opens global flagship store in Shanghai's landmark skyscraper

    The store is located in China's tallest building, Shanghai Tower, where Nio also has an Nio House.

  • Lotus in 'early discussions' about IPO, report says

    Lotus is considering taking its lifestyle business public within two years to help fund a major international expansion and investment in electric vehicles, the Financial Times reported.

  • Xpeng sets up autonomous driving subsidiary, possibly to pave way for robotaxi business

    Xpeng will explore the robotaxi business in the second half of 2022, and the subsidiary is likely to be the operating entity for the business.

  • Used Tesla Model Y selling for more than initial purchase price in China

    The vast majority of Tesla Model Y vehicles for sale on multiple online used car trading platforms in China are priced above RMB 300,000 ($47,000).