Phate Zhang

  • SAIC to set up new company to run its R brand

    The R brand will focus on the RMB 200,000-400,000 price range, while IM Motors will focus on the RMB 400,000+ market.

  • Tesla reportedly booked batteries from CATL enough to produce nearly 800k vehicles

    In terms of battery capacity, Tesla's 2022 sales will be at least 1.5 million units, local media reported.

  • Nio poaches chip expert as senior exec, signaling renewed efforts on its own chip development

    The former Xilinx Labs Asia-Pacific director and CTO joined Nio this month as chief expert and assistant vice president.

  • Nio begins offering 75-kWh packs at battery swap stations

    The pack is expected to bring users a longer range while reducing costs, but it will be interesting to see how it performs in winter.

  • CICC expects global NEV sales to surpass 10 million units by 2022

    Referring to the S-shaped growth curve, global vehicle electrification has broken through the tipping point and entered a period of steep growth, CICC said.

  • China has built world's largest charging network

    The rapid development of the Battery swap network is one of the factors behind this, according to the People's Daily.

  • Nio ET7 spotted at battery swap station for first time

    A camouflaged ET7 has been spotted at one of Nio's battery swap stations, the first time the model has been spotted at the facility.

  • BYD's Q3 revenue up 22% year-on-year to $8.49 billion, net profit down 27.5%

    BYD's revenue growth in the third quarter was primarily due to increases in its automotive and cell phone businesses.

  • China launches pilot program in 11 cities to promote battery swap model

    The goal of the pilot is to boost sales of more than 100,000 additional battery swap-enabled vehicles and build more than 1,000 swap stations.

  • Nio adds 4 swap stations, bringing total to 571

    As of October 28, Nio had 571 battery swap stations and 422 supercharging stations in China, providing 2,507 charging piles.