Phate Zhang

  • BYD director completes planned shareholding reduction to cash out at least RMB 2.8 billion BYD

    BYD director completes planned shareholding reduction to cash out at least RMB 2.8 billion

    Xia contributed about RMB 300,000 to BYD in 1995, his first investment in BYD and making him one of the three founders of the company.

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  • BMW aims to retain its glory in EV era with 'China First' strategy German Auto

    BMW aims to retain its glory in EV era with 'China First' strategy

    "China First" means that the local team will have enough independence to respond quickly to market changes and take Chinese customers' expectations into account at the product concept stage, BMW said.

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  • China's Hesai to provide LiDARs for Nvidia's autonomous driving system EV Industry

    China's Hesai to provide LiDARs for Nvidia's autonomous driving system

    Hesai's LiDARs will be used in the NVIDIA DRIVE platform for tagging and training data, as well as to build 3D environment.

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  • Nio opens charging network covering major highways in Inner Mongolia under Power North plan Nio

    Nio opens charging network covering major highways in Inner Mongolia under Power North plan

    The Power North plan is an initiative announced by Nio at the end of April to improve the electric vehicle experience for customers in northern China.

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  • Li Auto signs strategic co-op framework agreement with southwest Chinese city Chongqing Li Auto

    Li Auto signs strategic co-op framework agreement with southwest Chinese city Chongqing

    Li Auto's founder said the company will increase its investment in Chongqing and deepen its strategic partnership with the city.

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  • Uxin reports revenue of .7 million for past quarter, up 353% year-on-year EV Industry

    Uxin reports revenue of $53.7 million for past quarter, up 353% year-on-year

    Uxin expects fourth quarter revenue to be RMB 480 million to RMB 500 million.

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  • Cathie Wood keeps buying Xpeng despite share price drop Xpeng

    Cathie Wood keeps buying Xpeng despite share price drop

    ARKQ bought 92,271 shares of Xpeng on Tuesday, increasing the stock to 1.25 percent of its position.

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  • Nio's battery asset operator exceeds 4 GWh under management Nio

    Nio's battery asset operator exceeds 4 GWh under management

    Founded on August 18, 2020, Mirattery now has 100 times the asset size of 0.04 GWh as of September 2020.

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  • China's new rules encourage automakers to install brake energy recovery systems EV Industry

    China's new rules encourage automakers to install brake energy recovery systems

    Energy-efficient technologies, including brake energy recovery systems, will be included in the 2021-2023 dual-credit assessment.

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  • Nio signs deal with another highway service area operator to build swap stations Nio

    Nio signs deal with another highway service area operator to build swap stations

    Nio signed an agreement with Anhui Yida to jointly build 13 battery swap stations in highway service areas.

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