Phate Zhang

  • Tesla allows owners in China to try EAP features for free for limited time

    Tesla opened the EAP option in China on February 5 at a price of RMB 32,000 ($4,943), half the price of FSD in China.

  • Oil giant Sinopec chairman visits Nio's battery swap station

    Sinopec has more than 30,000 gas stations, ranking second in the world. It is ranked No. 2 on the 2019 Fortune 500 list of the world's largest companies.

  • Tesla refutes reports of $25,000 Model 2 as fake news

    Reports that Tesla is developing a $25,000 vehicle are circulating widely among Chinese Internet users today. In response, Tesla has dismissed them as fake news.

  • This is who bought and sold Nio stock in Q4

    What we didn't notice before is that Swiss National Bank, Switzerland's central bank, is also an investor in Nio.

  • Xpeng to report Q4 and full-year 2020 financial results on March 8

    Data compiled by cnEVpost showed Xpeng delivered 12,964 vehicles in the fourth quarter and 27,041 in 2020.

  • Smartisan founder Luo Yonghao voices his support for Li Auto again

    Chinese smartphone maker Smartisan founder Luo Yonghao gave away 10 iPhone 12s in a Weibo lottery on February 10 in support of Chinese electric car company Li Auto.

  • Will Apple Car be a threat to Nio, Xpeng and Li Auto?

    In the opinion of one analyst who follows the industry closely, the answer is no.

  • Shanghai will no longer issue free license plates for plug-in hybrid vehicles starting in 2023

    From January 1, 2023, Shanghai will no longer issue free special license plates to individual users as well as corporate users who purchase plug-in hybrid (including extended-range) vehicles.

  • Analyst says Nio would still be years away from entering US market

    Yu said they currently assume no contribution from US sales in their 2025 earnings forecast and reaffirmed his $70 price target on Nio.

  • Evergrande's car-making arm launches 3 new models, expanding its model lineup to 9

    The Hengchi 7 is an all-electric B-class luxury sedan, Hengchi 8 is an all-electric C-class luxury coupe, and Hengchi 9 is an all-electric B-class luxury midsize SUV.