Phate Zhang

  • BYD Dolphin officially launched, prices about $460 lower than in pre-sale

    Half a month ago, BYD started pre-sales of Dolphin - the first model of its e platform 3.0. Now, the model is officially available at prices that are RMB 3,000 ($460) lower than the pre-sale prices.

  • Xpeng P5 to be officially launched on Sept 15

    Xpeng Motors announced on Sunday that its new sedan, the P5, will be officially launched on September 15, about two months after the model went on pre-sale.

  • Nio reaches 400 battery swap stations in China, opens new Nio House

    Nio today put nine new battery swap stations into operation, bringing the total number of its facilities in China to 400.

  • Li Auto establishes JV to produce range-extender for next year's model

    This confirms previous rumors that Li Auto will abandon its current range-extender supplier.

  • Geely's EV brand Zeekr secures investments from Intel, CATL, Bilibili

    Geely's premium electric vehicle brand Zeekr entered into a share purchase agreement on August 27 with five investors, including CATL, Bilibili-related investors and Intel Capital.

  • Deutsche Bank raises price target on Xpeng by $1 to $51, maintains Buy rating

    Edison Yu's team maintained a Buy rating on Xpeng and raised their price target by $1 to $51 to reflect their higher expectations for the company's future deliveries.

  • Here's what you need to know from Xpeng's Q2 earnings call

    As the Zhaoqing factory further releases capacity, Xpeng is expected to reach 15,000 units delivered in a single month in the fourth quarter.

  • Chinese regulator invites Nio, CATL, BYD to conference on supporting development of NEVs

    They made suggestions around supporting the accelerated development of the industry and the achievement of the carbon-neutral goal of the automotive industry's carbon peak.

  • Xpeng reports Q2 revenue of RMB 3.76 billion, above expectations

    Xpeng Motors reported revenue of RMB 3.761 billion in the second quarter, beating market expectations of RMB 3.436 billion.

  • Tesla begins deliveries of Model Y Standard Range in China

    The first Model Y Standard Range models were delivered to customers in Beijing on August 26, a month and a half after the model opened for pre-orders on July 8.