Phate Zhang

  • Shanghai gives local EV industry another policy push, lists goals for next five years

    Shanghai, the city where Tesla's Gigafactory in China is located, is further increasing its support for new energy vehicles.

  • Li Auto said to launch all-electric car in 2023, with new Li ONE to be released this year

    Li Auto has recently launched an all-electric vehicle program, with the first product scheduled for release in 2023, Chinese media outlet LatePost reported Wednesday.

  • Nio Capital invests in firm that provides self-driving solutions for mining vehicles

    Nio Capital is a private equity investment institution with RMB 10 billion funds under management.

  • Nio, Xpeng, Li Auto earnings coming, what to watch

    At a time of fragile market sentiment, investors are anticipating good news from the fourth quarter earnings report.

  • Xpeng holder reportedly offers 10.5 million shares as IPO lock-up expires

    Xpeng Motors holder Shanghai Cheyou offers 10.5 million ADR via Goldman Sachs as the 180-day lock-up period on shares of the company expired February 22, according to Bloomberg.

  • Nio falls 10% pre-market amid broad market sell-off, here is why

    At press time, Nio was down 10 percent to $45.59. Between February 10 and Monday, Nio accumulated a 19 percent decline.

  • Analysts expect US-listed Chinese EV trio deliveries to maintain high growth rate

    "As the sales network continues to expand, we expect the new forces' deliveries to remain at a high growth rate," the report said.

  • Nio's 2nd-gen battery swap station begins final testing, deployment expected to begin in April

    William Li, founder, chairman, and CEO of Nio, and the company's president Qin Lihong were on site for the testing, proving the importance the company places on the next-generation battery swap station.

  • Baidu confirms Mobike co-founder Xia Yiping as CEO of its car-making arm

    Xia was the co-founder and CTO of Mobike and has made outstanding contributions to changing the structure of urban mobility, Baidu said in a written reply to CnEVPost.

  • Xpeng says NGP surpasses 1 million km user mileage 25 days after launch

    This comes just 25 days after Xpeng pushed an OTA update to its flagship P7 sedan and opened the NGP (public beta) feature to users on January 26.