Phate Zhang
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Xpeng president says upgraded autopilot system will have 40 new features
The new high-speed autonomous navigation driving feature "will revolutionize the way autonomous driving is handled in mass-produced cars in China".
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GAC Nio CEO Liao Bing says he has formally resigned
Liao Bing, the CEO of GAC Nio, a joint venture between GAC Group and Nio, announced on Weibo today that he has officially resigned as CEO of GAC Nio and all executive positions in its subsidiaries and branches.
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Shanghai to add 10,000 public charging piles in 2021
Shanghai will add 10,000 public charging piles, 15 cab charging demonstration stations and 10 shared charging pile demonstration communities in 2021, according to a plan released today.
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Chinese geek converts Li ONE into a ...... 'tank'
Chinese EV maker Li Auto's only model, the Li ONE, is positioned as a comfortable family car, but one Chinese geek has transformed it into a "tank".
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Evergrande's car making arm raises up to $3.35 billion through private placement
This is one of the largest equity financings in China's new energy vehicle industry. It's trading at an 8 percent discount to the average closing price over the previous five trading days, with each investor voluntarily locking in for 12 months, the company said.
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Xpeng expected to achieve explosive sales growth in Jan, says CPCA secretary-general
Xpeng's production reached 7,092 units in December, beating Nio's 7,007. This also indicates that Xpeng "has a strong production capacity and will certainly achieve an explosive sales growth in January".
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Xpeng's first supercharging station designed with new brand identity goes into operation
Chinese EV maker Xpeng Motors announced on Saturday the opening of its supercharging station at the Daguangming Center in Wuqing, Tianjin, the company's first supercharging station designed with a new branding standard.
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Nomura initiates coverage on Nio with Buy rating and $80.30 price target
Nomura analyst Martin Heung initiated coverage of Chinese EV maker Nio with a Buy rating and $80.30 price target, meaning a 37.6 percent upside potential.
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Xpeng opens up NGP functionality to users for first time with latest OTA update
Xpeng announced on Friday that it has made the public beta version of Xmart OS, version 2.5.0, available to some P7 owners on Thursday evening, opening up Navigation Guided Pilot (NGP), the star product of XPILOT 3.0 autonomous driving assistance system, to users for the first time.
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Nio restores owners' free battery swap benefits
Chinese EV maker Nio announced Friday that it is adjusting the free lifetime battery swap benefits for its customers, retracting part of its October decision.
