Phate Zhang

  • Tesla says Model Y L coming soon in China, shares glimpse of details

    Tesla said the Model Y L is coming soon in China and shared a preview video showing a few details of the model.

  • Xpeng secures $1.4 billion credit line from China CITIC Bank

    China CITIC Bank will grant Xpeng a credit facility of RMB 10 billion ($1.4 billion) to support the company's business operations and development.

  • Nio plans expansion into Singapore, Uzbekistan, and Costa Rica in 2025 and 2026

    The first models to be launched in these new markets will include vehicles from the Nio, Onvo, and Firefly brands.

  • Huawei-backed Stelato begins pre-sales of S9T wagon at $45,660

    The S9T, Stelato's second model following the S9 sedan, will compete with models including the Nio ET5 Touring.

  • GWM's Brazil plant begins production with annual capacity of 50,000 cars

    The Brazil plant is GWM's third full-fledged vehicle manufacturing center outside of China.

  • BYD opens new racetrack as it seeks to bring car culture to general public

    The racetrack is located in Zhengzhou, Henan, and is BYD's second racetrack after the one in Hefei.

  • IM Motors begins pre-sales of updated LS6 SUV, adds EREV variants to lineup

    The updated LS6 is the first model to feature IM Motors' Hengxing extended-range system, with the EREV variants offering a battery range of up to 450 km.

  • Nio Firefly begins first deliveries in Europe, making official entry into global markets

    Firefly's first deliveries in Europe took place on August 14 in Norway and the Netherlands.

  • Li Auto to report Q2 2025 earnings on Aug 28

    In the second quarter, Li Auto delivered 111,074 cars, exceeding the reduced guidance provided by Li Auto on June 27.

  • Xpeng's new P7 beats Xiaomi YU7 in 24-hour endurance test

    The new Xpeng P7 completed 3,961 km of continuous driving in 24 hours, surpassing Xiaomi YU7's 3,944 km achieved at the end of June.