Phate Zhang

  • Tesla Shanghai plant reportedly plans to produce 550,000 cars next year

    Tesla Shanghai Gigafactory plans to produce about 550,000 vehicles in 2021, including 300,000 Model 3s and 250,000 Model Ys, 36kr.com quoted a source as saying.

  • Behind BYD's soaring market cap to over RMB 500 billion

    BYD shares traded in China's A-shares rose 3.04 percent to close at RMB 190.44 on Nov. 6, bringing its market capitalization to RMB 519.5 billion. Since the beginning of the year, BYD's share price has risen as much as 295 percent.

  • Beijing has issued plates to 14 firms including NIO for self-driving road tests

    Beijing has issued temporary number plates to 87 vehicles from 14 companies, including NIO, BAIC New Energy, Baidu and Daimler, for self-driving road tests, according to Xinhua.

  • Huawei HarmonyOS developer beta expected to be available on Dec 18

    Huawei's HarmonyOS developer beta is expected to be available on December 18 and will allow some mobile phone users to upgrade HarmonyOS in January or February next year, Weibo digital blogger @长安数码君 said.

  • NIO business model goals are met with release of world's second 100kWh battery pack

    Following the BaaS (Battery as a Service) announcement on August 20, Chinese electric vehicle (EV) maker NIO (NYSE: NIO)  announced the 100kWh battery pack on November 6, making it the second car company in the world, after Tesla, to release a 100kWh battery pack.

  • China aims to complete construction of space station around 2022

    China's manned space program is now pushing ahead with the construction of the space station, striving to complete the on-orbit construction plan around 2022 and prepare for the long-term stable operation of the station, according to CCTV.

  • Suspected OPPO prototype with under-screen camera revealed

    Last December, OPPO first showed off a prototype phone with an under-screen camera at its 2019 Future Technology Conference. A prototype was recently circulated on Chinese social media, and it is said to be an OPPO smartphone with under-screen camera technology.

  • NIO shorts lost at least $2.66 billion this year

    Short sellers in Chinese electric vehicle (EV) maker NIO (NYSE: NIO) lost $155 million on November 3, bringing their cumulative losses this year to $2.66 billion, according to data from financial analytics firm S3 Partners.

  • Geely becomes first Chinese brand to sell more than 10 million vehicles in total

    Geely Group recently announced that the company became the first Chinese brand to achieve 10 million passenger car sales after first entering the auto industry in 1997.

  • NIO continues to move forward in no-man's land with battery upgrade plan

    On November 6, NIO unveiled a higher capacity 100kWh battery in Beijing, allowing owners to get longer range out of their vehicles with a flexible upgrade program.