Phate Zhang
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Nio's battery operator Mirattery expands financing with 1 billion yuan green ABN
This marks Mirattery's second issuance of green ABNs in 2026, following another RMB 1 billion issuance in late March.
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Chinese automakers' Q1 earnings highlight impact of currency fluctuations
As overseas businesses expand rapidly, fluctuations in the yuan exchange rate are significantly impacting the profits of Chinese automakers.
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BYD Fang Cheng Bao launches Tai 7 EV with flash charging to expand SUV lineup
The Tai 7 EV flash charging edition starts at 199,800 yuan ($29,230), featuring the second-generation BYD Blade Battery and ultra-fast flash charging technology.
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Geely Q1 profit falls 27% as currency fluctuations weigh on results
Excluding the impact of foreign exchange fluctuations, Geely's core profit grew 31%, contrasting with the broader weakness in China's auto market.
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Tesla drops 7-year car loans in China as banks tighten auto credit
Tesla has removed the seven-year low-interest loan from its May car-buying incentives in China, keeping only five-year zero-interest financing plans.
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Nio shares surge over 7% in Hong Kong after Onvo L80 debut and pre-sales launch
Onvo president said L80 orders are slightly better compared to the L90's performance during the same period last year.
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Nio Onvo L80 5-seat SUV opens pre-sales below L90 price, set for May 15 launch
The Onvo L80 is available for pre-sales starting at 245,800 yuan ($35,940) including the battery pack, 7.52% lower than the L90.
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BYD Q1 profit plunges 55% on early-year slow season in China
BYD's first-quarter net profit tumbled 55% as the traditional early-year slow season in China pressured automakers' profits.
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CATL taps Hong Kong market for $5 billion to fund global capacity expansion
CATL prices the largest share offering in Hong Kong this year at a 7% discount.
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CATL secures world's largest sodium-ion battery order in major tech shift
CATL and HyperStrong signed a three-year, 60 GWh sodium-ion battery order for energy storage.
