Phate Zhang

  • Latest accident involving Tesla leaves one traffic officer dead and one injured

    A Weibo blogger said he guessed that the cause of the accident was that the owner may have taken the assisted driving feature for self-driving, although this was not officially confirmed.

  • Lifan, once on verge of bankruptcy, sees first battery swap-enabled MPV roll off line

    Now the company has been reborn after a restructuring and has announced the launch of its first battery swap-enabled mass-produced model.

  • CATL denies plans to raise prices for LFP batteries by 10 percent

    If CATL does raise its LFP battery prices by 10%, then China-made Tesla Model 3 entry-level model and the lower-priced LFP-equipped models that Xpeng Motors just started delivering will have to face higher costs.

  • Hillhouse Capital re-bought Nio, Xpeng in Q1 after liquidating positions at end of last year

    Hillhouse Capital is losing money on its investments in both Nio and Xpeng, and Xpeng in particular is causing more serious losses for it.

  • Li Auto to hold launch event on May 25, expected to unveil upgraded Li ONE

    The price of the Li ONE will likely be adjusted from RMB 328,000 ($50,940) to RMB 350,000 - 360,000.

  • Zeekr 001 may also be getting a variant with scissor doors

    Since the release of the Xpeng P7 Wing Edition, scissor doors seem to have become a high-end feature that many car companies are looking at.

  • Chinese home appliance giant Midea to unveil NEV products on May 18

    The electric vehicle sector in China is no doubt getting more interesting by the day.

  • Nio says users have communicated with NOMI virtual assistant over 200 million times

    Every day at 6 p.m. is the moment when Nio users interact most frequently with NOMI, with the most common commands users use being playing music, navigating, and making phone calls.

  • Changan reportedly plans to list EV unit on A-share market

    Changan and Nio have a joint venture company, Changan Nio, although no products have been launched to date.

  • Deutsche Bank says bottom may be near for Xpeng shares

    Edison Yu's team believes that if EV industry investor sentiment stabilizes in the coming months, Xpeng's stock will recover quickly due to its clean growth pathway and existing leadership position in ADAS/AD technology in the second half of the year.