Phate Zhang

Phate is the founder and main author of CnEVPost. He has been reporting since 2009, mainly on macroeconomics and capital markets. He started his career at China Daily and Reuters. Contact via: phate@cnevpost.com.
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BYD launches updated Yuan Plus with 12% lower starting price

The updated Yuan Plus has a starting price of RMB 119,800, or about $16,650. The model is available in several overseas markets under the Atto 3 name.

Nio's William Li asks potential Tesla Model Y buyers to wait for Alps' 1st model

Those who have been looking to buy a Model Y lately can wait a little while, as Alps' first model is certainly cheaper, said Nio's William Li.

Nio, EV-Tech sign deal on parts for high-voltage system

Nio Capital-backed EV-Tech and Nio will jointly develop products based on Nio's STEM Young high-voltage architecture, with deliveries to the Nio brand and Nio's second brand expected to begin in 2025.

Xpeng extends discounts for G6, G9, P7i

These discounts are a continuation of the February offer, bringing the G6's starting price down to RMB 189,900.

GAC Aion adds new trim to Aion Y Plus, drops price by 17%

The new Aion Y Plus starts at RMB 99,800, RMB 20,000 lower than the previous entry-level price.

Nio says its NOP+ assisted driving feature works nationwide in China, recruits 1st 100 testers

Nio's latest NOP+ could be used outside of Greater China, further demonstrating its algorithm's ability to adapt to different traffic rules and driving scenarios, Morgan Stanley said.

Leapmotor launches new SUV C10 with prices starting at $17,900, updates existing models with lower prices

The Leapmotor C10's official pricing is significantly lower than it was at pre-sale, and updated versions of existing models see price cuts across the board.

IM Motors secures over $1.1 billion in new financing

The financing will be used for next-generation model development, smart driving technology development and entry into overseas markets.

Li Auto officially enters BEV segment with Li Mega launch; rolls out updated L-series models

Li Auto reiterated the company's confidence that the Li Mega will be the top seller in the car market with a price tag of more than RMB 500,000 yuan.

BYD sells 122,311 NEVs in Feb, down 39% from Jan

BYD saw a drop in NEV sales in February as the New Year holiday brought disruptions.