Phate Zhang

  • Brand that showcased Huawei's self-driving capabilities sees its first Supercharger station go into operation

    Arcfox, the BAIC-owned EV brand that recently showcased Huawei's amazing autonomous driving capabilities, saw its first exclusive Supercharger station go into operation in Beijing.

  • CLSA initiates coverage on Nio with Buy rating and $50 price target

    CLSA analyst Soobin Park initiated coverage on Nio with a Buy rating and a $50 price target, implying a 26 percent upside for the stock from Thursday's close of $39.57.

  • Nio said to step up efforts to enter third and fourth-tier cities

    Construction of Nio's new factory in Hefei is expected to start soon, so how will the expanded capacity be absorbed in the future? The electric car company seems to be targeting third- and fourth-tier cities in China.

  • Nio may start construction of new Hefei plant and announce capacity expansion plans next week

    Construction of Hefei's Xinqiao Smart Car Industrial Park will start on April 29, and Nio's new plant will be included, a new report suggested.

  • Meet Nio Power Cloud: The backbone that drives the efficient operation of Nio's energy replenishment system

    Nio revealed for the first time a service system called the Nio Power Cloud, which it says is the foundation for its intelligent energy service system to work efficiently.

  • Jidu Auto, Baidu's car-making arm, plans to invest about $8 billion in smart cars over next five years

    Jidu Auto CEO Xia Yiping said the company's products are planned in "series" with a new car launched every 1-1.5 years. "Based on such a speed and investment, it is expected to invest 50 billion yuan in the next five years."

  • First new energy car model sold by Huawei exceeds 3,000 orders in two days

    Huawei hopes to sell cars to make up for the decline in profits from its smartphone business, and now it seems that this strategy is starting to pay off.

  • Xpeng selects Wuhan plant site, plans to start construction this year

    After several site visits, Xpeng Motors has decided to locate its 100,000-unit-per-year vehicle and powertrain project in Wuhan, central China, at the General Aviation and Satellite Industrial Park in the local economic development zone, official media cnr.cn reported Thursday.

  • Tesla drama sparks calls for tighter regulation of electric vehicle data

    The confrontation between a female owner and Tesla showcases a new problem facing China's fast-growing new energy vehicle industry, and experts are beginning to call for stronger regulations.

  • Tesla accused of violating owner's privacy by sending car data to media

    Tesla released the driving data without any communication with the owner, much to the family's surprise after seeing the news.