Phate Zhang

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

    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%.

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

    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.

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

    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.

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

    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.

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

    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.

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  • Chinese users' satisfaction with NEVs on par with fuel vehicles for first time, survey shows EV Industry

    Chinese users' satisfaction with NEVs on par with fuel vehicles for first time, survey shows

    All three Nio models are among the top three in terms of customer satisfaction with pure electric midsize and large SUVs.

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  • Nio Capital invests in local energy storage system integrator EV Industry

    Nio Capital invests in local energy storage system integrator

    Nio Capital said the energy storage industry is exploding and is bullish on Hyper Strong's extensive experience as a provider of energy storage system solutions.

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  • BYD surges over 5% in Shenzhen as it maintains top-selling NEV brand in China in Sept BYD

    BYD surges over 5% in Shenzhen as it maintains top-selling NEV brand in China in Sept

    BYD's wholesale sales reached 70,432 units in September, ahead of Tesla China's 56,006 units, the CPCA data showed.

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  • Deutsche Bank raises its forecast for BEV sales in China to 2.5 million units this year EV Industry

    Deutsche Bank raises its forecast for BEV sales in China to 2.5 million units this year

    NEV penetration in China has come in at about 20 percent, which Deutsche Bank analyst Edison Yu believes indicates a continued acceleration in the adoption curve.

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  • China's NEV sales expected to top 3 million units this year, CAAM official says EV Industry

    China's NEV sales expected to top 3 million units this year, CAAM official says

    The forecast is safe because if NEV sales exceed 300,000 units in each of the remaining three months, sales will exceed 3 million units for the year.

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