Yan Zhang
Stories by Yan Zhang
China’s Meizu unveils first smartphones since deal with Geely founder Eric Li
The Volvo owner is the first established carmaker to enter the premium smartphone sector.
Chinese EV maker Nio plans own battery plant to cut reliance on CATL
The plant underscores Nio's ambition to ramp up its presence in the EV market at home and abroad.
China’s CATL offers EV battery discounts to domestic automakers
The move reflects a downturn in the price of lithium and a bid to win more orders.
Geely’s EV brand Zeekr raising $750m in new funding round
The round will be raised from five new and existing investors and value the brand at $13b.
Chinese EV giant BYD says it expects 2022 profit to surge five-fold
It expects a net profit of 16-17b yuan versus 3b in 2021.
Tesla slashes prices in China, other Asian markets as sales stumble
Tesla slashed prices for all its Model 3 and Model Y cars in China by between 6% to 13.5%.
Tesla mulls exporting made-in-China EVs to US, Canada
The move will connect its largest factory to its largest market.
China’s Geely-owned Lotus Technology valued at $4.5b in fundraising
Sports car maker Lotus Group is owned jointly by Geely and Malaysia's Etika Automotive
Berkshire Hathaway trims stake in Chinese EV maker BYD
Berkshire has sold 1.72 million Hong Kong-listed shares of BYD for $57 million.
China asks automakers to apply for licences to map data in smart cars
The rules could further complicate the local operations of foreign companies like Tesla