Phate Zhang

  • WM Motor says it has raised $152 million in Series D2 funding

    The financing was led by real estate developer Agile Property, bringing its total Series D funding to $457 million.

  • WM Motor delivered 5,027 vehicles in Nov, up 67% year-on-year

    This is a new high for WM Motor's single-month deliveries, but only two more than the 5,025 units delivered in October.

  • China's subsidies for NEVs set to decline next year, and this is what Nio is offering to year-end buyers

    China's subsidies for NEVs will be reduced by 30 percent next year, and Tesla decided last week to let consumers immediately bear the cost increase.

  • Leapmotor monthly vehicle delivery data update

    This is Leapmotor's monthly delivery data.

  • Neta delivered 10,013 vehicles in Nov, surpassing 10k for first time

    Neta is now offering three models in China, all starting at under RMB 100,000.

  • Huawei, Tsinghua University sign deal to collaborate on smart cars

    Huawei and Tsinghua University have signed three long-term research cooperation agreements to jointly tackle key technology issues in the auto field.

  • Volvo investigates after NEV fire puts automaker in spotlight

    The vehicle was said to be a plug-in hybrid version of the Volvo XC90, and the accident caused severe damage to the car as well as the nearby vehicle.

  • Huawei secures land in Dongguan for auto parts making project

    The land will be used for a smart car component manufacturing project with a total investment of no less than RMB 2.4 billion.

  • Nio adds 10 swap stations, bringing total to 678

    As of November 30, Nio had 678 battery swap stations and 516 supercharging stations, providing 2,940 charging piles.