Phate Zhang

  • Tesla's software update brings auto-parking to Model Y in China

    Users will have to purchase the Enhanced Autopilot or Full Self-Driving packages to use the feature.

  • Nio sold its vehicles at average price of about $68,600 in Sept, $18,000 higher than Tesla in China

    Nio's average sales price in September was RMB 47,500 higher than the average price of high-end brands, and RMB 41,600 higher than BMW.

  • Nio's William Li says holiday charging queues due to faster-than-expected EV adoption

    "Nio has accelerated the construction of battery swap stations as well as supercharging stations this year, and our users are relatively happier," Li said.

  • Evergrande Auto reportedly faces setbacks at its main facility in Tianjin, first model could be further delayed

    Production line renovation at Evergrande Auto's Tianjin plant is largely at a standstill and the Hengchi 5, which was scheduled to launch early next year, is not ready to start production, local media said.

  • Honda makes big push for electrification in China, unveils five EV models

    Honda unveiled its EV brand e:N, its new architecture e:N Architecture, and its vehicle system e:N OS, and plans to launch a total of 10 pure electric models in China in the next five years.

  • While Tesla, Nio gain, fuel luxury cars retreat across the board in China

    Year-on-year sales performance in Sept: Tesla Model 3 up 68.8%, Nio ES6 up 63.9%, Nio EC6 up 21087.5%, while BMW 5 Series down 21.3%, Mercedes-Benz E-Class down 52.6%, Audi A4 down 53.4%.

  • Nio's 2nd plant gets major progress in construction, expected to start production in Sept next year

    The built plant is expected to be handed over to Nio for the installation of production equipment by the end of November.

  • China's NEV fleet reaches 6.78 million units, 2.28% of total vehicles

    When will China's new energy vehicles become saturated? The latest data suggests that point may still be quite far away.

  • Hongguang Mini EV sales reached 35,169 units in Sept, up 75% year-on-year

    The Wuling Hongguang Mini EV has sold more than 400,000 units cumulatively since deliveries began in July last year.

  • BOC International initiates coverage on Xpeng with Buy rating and $50 price target

    The team believes Xpeng is expected to differentiate itself in the smart electric vehicle era through rapid software iteration and seamless integration with hardware.