Phate Zhang

  • Xiaomi's car-making project said to be launched in April at earliest, with positioning similar to Xpeng

    Xiaomi Group is fast-tracking its car-making ambitions and is expected to launch the project within 1-2 months at the earliest.

  • Despite not having delivered a single vehicle, Evergrande Auto has become China's third largest publicly traded car firm behind BYD and Nio

    The investor frenzy over China's new energy vehicle industry is far from over, and Evergrande Auto is a good example.

  • Titles of Elon Musk, Zach Kirkhorn changes to 'Technoking of Tesla' and 'Master of Coin'

    Musk is Tesla and SpaceX CEO. Zach Kirkhorn is the company's Chief Finance Officer. They will maintain their respective roles.

  • Evergrande Auto, Tencent set up JV to develop operating systems for cars

    Evergrande Auto will hold a 60% stake in the joint venture and Phoenix Auto Intelligence, a subsidiary of Tencent, will hold a 40% stake.

  • China produces 317,000 new energy vehicles in January-February, up 395% from last year

    Auto production during the period was 3.855 million units, up 89.9 percent from the same period last year.

  • Xpeng announces RMB 500 million strategic investment from Guangdong govt-backed fund

    Xpeng Motors (NYSE: XPEV) announced today that it has received a strategic investment of 500 million yuan ($77 million) from the Guangdong Provincial Industrial Development Fund.

  • Tesla to ramp up parts capacity in preparation for Shanghai plant capacity expansion

    Tesla's Shanghai Gigafactory has made content changes to a project that plans to boost production capacity for components including powertrain, die-cast integrated base plates, and motors.

  • Xpeng says it surpasses 50,000 cumulative deliveries

    Chinese electric car company Xpeng Motors (NYSE: XPEV) announced Friday that it has surpassed 50,000 cumulative deliveries.

  • Huawei achieves mass production of its own electric vehicle motors

    The permanent magnet synchronous motor model TZ210XY584 has a peak power of 230kW, which is close to the highest level of the MIIT new energy model recommendation catalog.

  • Analyst who called 'buying opportunity' on Nio's decline reiterates 'Buy' rating

    By Thursday's close, Nio's $46.03 stock price had essentially regained the $46.11 level it opened at on March 2, forming a perfect V-shape.