Phate Zhang

  • Deutsche Bank says Xpeng stock could gather upward momentum, reaffirms Buy rating and $58 price target

    Xpeng's stock could gather some upward momentum from investors driven by the positive sentiment around XPILOT 3.0 and its upcoming new sedan with LiDAR, according to Deutsche Bank analysts led by Edison Yu in a note to investors on Thursday.

  • Nio sales to be boosted as it temporarily allows customers to buy cars with 0 down payment

    The last time Nio launched a 0 down payment purchase plan was in early September 2019, when the company was facing operational pressure.

  • Daiwa Securities gives Nio $100 price target, says it has innovative business model

    Daiwa Securities reiterated its Buy rating on Nio in a recent report with a $100 price target, implying a 73% upside from the company's Wednesday closing price of $57.71.

  • Li ONE scores similar to Nio EC6 in China's most watched crash test

    Despite several broken axles last year that raised safety questions about Li Auto's only model, the Li ONE is one of the safest vehicles you can buy, according to the latest results of a prestigious crash test.

  • Nio EC6 scores high in China's most watched crash test

    The Nio EC6, a vehicle that started to be delivered only a few months ago, is gradually increasing in sales. As for how safe it is, the latest crash test gives the answer.

  • Xpeng invested $7.7 million to establish new affiliated company

    Xpeng has established a new affiliated company with a registered capital of RMB 50 million ($7.7 million), whose main business includes the research, development, and manufacturing of automotive parts.

  • Li Auto co-founder Ma Donghui withdraws as director

    Li Auto co-founder and chief engineer Ma Donghui has withdrawn as a director of the company, the latest company registration information shows.

  • Teslaquila? Nio is much more serious than Tesla in liquor business

    But after creating a momentary stir, Teslaquila seems to have faded away. Now Nio, one of Tesla's main competitors in China, has also launched its own brand of liquor, and seems more determined.

  • Explosion hits CATL's joint venture

    CATL said it was not involved in the production and operation of the factory.

  • CATL says exploding Model 3 not equipped with its LFP battery

    A Tesla Model 3 spontaneously combusted and exploded in an underground garage in Shanghai on January 19, prompting speculation about what kind of battery was in the vehicle.