Phate Zhang

  • Nio Capital invests in nuclear fusion technology startup

    The company, called Energy Singularity, aims to explore commercially viable fusion energy technologies and eventually achieve human energy freedom.

  • China state paper article explains why Audi's NEVs don't outsell Nio, Li Auto

    Not to mention a match with Tesla, Audi has not even caught up with the "taillights" of the new car-making forces, including Nio and Li Auto, the article said.

  • China sees major breakthrough in regulation of flying vehicles

    The Civil Aviation Administration of China has issued "special conditions" to EHang for its unmanned aerial vehicle, putting it in the final stages of airworthiness validation for the EH216-S.

  • BYD reportedly chooses Baidu as its smart driving supplier

    BYD has selected Baidu as its smart driving supplier, which will provide BYD with ANP smart driving products and human-machine co-driving maps, local media reported.

  • Xpeng says 1 car rolls off line every 90 seconds as production line upgrades complete

    This means Xpeng could see 480 vehicles roll off the line every 12 hours, corresponding to an annual capacity of about 175,200 vehicles on single shift.

  • Nio, Xpeng, Li Auto to take stake in battery maker Sunwoda's subsidiary

    An affiliate of Li Auto will invest RMB 400 million and a fund related to Nio's William Li will invest RMB 250 million.

  • Tesla reportedly plans new Shanghai plant to increase annual capacity to 2 million vehicles

    Tesla's expansion plans for its existing plant in Shanghai aim to take capacity to about 1 million vehicles this year, Reuters reported.

  • SAIC's Rising Auto plans to launch at least one model per year through 2025

    Rising Auto will invest RMB 20 billion ($3.16 billion) over the next five years and will focus on the mid- to high-end NEV market priced at RMB 200,000-500,000.

  • BYD to unveil new variants of its flagship Han sedan

    BYD's fuel economy-focused Han DM-i, and performance-focused Han DM-p models will soon be available for pre-order.

  • Volkswagen Anhui completes construction of body shop for MEB plant

    Construction of Volkswagen Anhui's MEB plant started in April 2021, with more than 70 percent of the building construction already completed.