Phate Zhang

  • Nio adds 8 swap stations, bringing total to 634

    As of November 20, Nio has 634 battery swap stations, 129 of which are located along highways.

  • Nio completes at-the-market share offering, raises about $2 billion

    This is higher than the $1.8 billion raised by Xpeng in its Hong Kong listing and the $1.5 billion raised by Li Auto in Hong Kong.

  • GAC Aion officially unveils Aion LX Plus with range of 1,008 km

    The Aion LX Plus is equipped with 3 zoomable LiDARs and has a 0-100 km/h acceleration time of 2.9 seconds.

  • BYD unveils Destroyer 05, first sedan in its Ocean series

    The model can accelerate from 0-100 km/h in as fast as 7.3 seconds and consumes 3.8 liters per 100 km at the lowest charge.

  • Nio-backed EV charging service provider Yunkuaichong secures investment from OPPO

    Yunkuaichong closed the Series B3 funding round, two months after Series B2 funding from Nio Capital.

  • HSBC Qianhai raises Nio price target to $53 from $47, citing expected product cycle acceleration

    HSBC Qianhai believes Nio's current share price only partially reflects the company's expected accelerated product cycle in 2022.

  • BYD Chairman says 200,000 units of DM-i models on order, expects China's NEV penetration to exceed 35% by end of next year

    BYD's DM-i platform models are in short supply, and the current delivery period is already up to four months, said Wang Chuanfu.

  • Xpeng faces user protest at Guangzhou Auto Show, EV maker responds

    Xpeng said that the man was upset because he was removed from a group of car owners because he attacked others in the chat.

  • GAC to launch full range of battery swap-enabled models starting in 2023

    GAC's full range of battery swap-enabled models, based on the new GEP 3.0 platform, will enter the market starting in 2023.

  • Nio files for multiple Metaverse trademarks

    After Li Auto and Xpeng Motors, Nio has also applied for several Metaverse trademarks.