Phate Zhang

  • Nio completes relocation of swap station that faced demolition

    The battery swap station has been relocated to an ancient building called the Bojin Building, near an upscale neighborhood and office spaces.

  • Daiwa Securities raises price target on BYD's HK shares from HK$382 to HK$435

    Daiwa Securities is bullish on BYD's strong new energy vehicle new product pipeline and reliable external battery shipment outlook.

  • Musk says Model S Plaid could come to China around March next year

    The Model S Plaid is priced at RMB 1,059,990 ($166,000) in China, about 4.2 times the price of the entry-level China-made Model 3.

  • Nio's 150-kWh pack supplier could be Gotion

    Nio's 150 kWh pack supplier may be Gotion High-tech, which is located in the same central Hefei city as Nio's plant.

  • Deutsche Bank updates Catalyst Call on Nio, says investor sentiment should be close to bottoming

    Edison Yu's team believes investor sentiment should be close to bottoming for several reasons.

  • Formal reservations for Nio ET7 expected to open in mid-January

    The Nio ET7 will initially be delivered at a rate of a few hundred units per month, with capacity ramp-up taking 2-3 months.

  • Shanghai-listed firm plans to acquire provider of delivery services to Nio

    West Shanghai plans to acquire Shanghai Xingding, which operates Nio's delivery center in Shanghai.

  • Qingdao official explains why Nio ES6s chosen as police cars

    It takes at least 40 minutes to charge an ordinary EV to 80 percent, and only vehicles that support battery swap can meet the all-day patrol needs of police cars.

  • China's car ownership expected to exceed 300 million by year-end

    China's vehicle ownership reached 297 million by the end of September and is expected to exceed 300 million by the end of the year, a CAAM official said.

  • SAIC Audi exec expects 40% of luxury car market to be EVs by 2025

    Audi believes that by 2030, sales of EVs could reach 2 million units in the high-end luxury car market.