Phate Zhang

Phate is the founder and main author of CnEVPost. He has been reporting since 2009, mainly on macroeconomics and capital markets. He started his career at China Daily and Reuters. Contact via: phate@cnevpost.com.
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CATL to up its bet on Mirattery, Nio's battery asset operator, report says

CATL will increase its bet on Mirattery, in addition to advancing its investment in Nio Power, according to local media.

Huawei-backed Aito launches M5 Ultra SUV with lower prices and LiDAR as standard

The M5 Ultra starts at RMB 229,800 yuan ($31,720), a reduction of 20,000 yuan, or 8.01 percent, from its predecessor.

Nio to open NWM trial in Apr, eyes on if that can help regain clout in smart driving

Nio will allow pioneer users to start testing the Nio World Model (NWM) in early April, as Tesla's FSD enters China and local peers have launched end-to-end solutions.

Zeekr reports significantly lower net loss and record gross margin in Q4

Zeekr reported a net loss of RMB 821 million ($112 million) in the fourth quarter, a year-on-year decrease of 72.1 percent and down 28.0 percent from the third quarter.

Nio opens test drives of ET9, deliveries to begin on Mar 29

Nio today began allowing general visitors to test drive its executive flagship sedan ET9, with deliveries to begin on March 29.

Regulatory filing: Li Auto files for updates to existing models with smaller LiDAR

Li Auto will update existing models in May, focusing on upgrades to smart driving hardware.

Xpeng plans to award CEO 28.5 million shares, with stock performance-related conditions

Xpeng CEO He Xiaopeng can unlock the full award if the company's Hong Kong-traded share price rises to HK$750 from the current HK$89.55 within 10 years.

China delays approval of BYD's Mexican plant amid fears tech could leak to US, report says

Chinese authorities are concerned that Mexico would gain unrestricted access to BYD's advanced technology and may even possibly allow the US access to it, according to the Financial Times.

Xiaomi's EV business brings in $2.25 billion in revenue in Q4, up 71.58% from Q3

Xiaomi's innovative business, including EVs, posted a gross margin of 20.4 percent in the fourth quarter, up from 17.1 percent in the third quarter.

Xpeng Q4 2024 earnings call: Live updates

Xpeng today announced its Q4 2024 financial results and held an analyst call afterwards. This post is a live update from that call.