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China EVs

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Electric & new energy vehicles
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BYD
Chinese EVs recovered firmly in May, with Zeekr breaking its monthly delivery record. Photo: AP
Electric & new energy vehicles

Why foreign marques are struggling to keep pace with Chinese EV demand

Domestic brands surge on fresh incentives and better batteries, while foreign carmakers fail to sustain their earlier market share.

Electric & new energy vehicles

China’s BYD, Chery chart 80% growth overseas as EV demand spikes

Electric & new energy vehicles

Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror

Electric & new energy vehicles

Chinese EV makers recover in May but competition fierce amid overcapacity woes

Consumer willingness to embrace new tech, along with cash subsidies from local governments, gave the EV sector a much-needed boost.

A man opens the door of a Zeekr X7 electric vehicle at a showroom in Beijing on February 3, 2026. Photo: AFP
A man opens the door of a Zeekr X7 electric vehicle at a showroom in Beijing on February 3, 2026. Photo: AFP
Electric & new energy vehicles

AI could redefine China’s EV market: Morgan Stanley

Carmakers redirect resources to autonomous driving upgrades, hoping AI can deliver growth beyond subsidy-driven sales.

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Electric & new energy vehicles

Premium plan: China’s EV makers pin hopes on higher-margin models

New models from carmakers including Nio and Seres also challenge Tesla’s bestselling Model Y and cars from luxury German marques.

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Electric & new energy vehicles

China’s BYD aims for zero accidents with ‘God’s Eye’, vows crash cost coverage

EV giant pushes affordable autonomy with its system, aiming to make self-driving safer and accessible to mass-market consumers.

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A BYD booth at the Beijing Auto Show on April 30. Photo: AFP
A BYD booth at the Beijing Auto Show on April 30. Photo: AFP
CATL

CATL set to boost global energy storage with world’s largest testing facility

The firm says it has completed a 3 billion yuan research facility for testing energy storage systems.

SCMP Highlights

Xpeng builds driverless cabs; Tesla launches FSD in China: 7 EV reads

From the oil shock fuelling BEV sales to Chery’s plans to sell 1 million cars abroad, here are seven EV stories you may have missed.

Electric & new energy vehicles

Xiaomi out to scalp Musk’s bestselling SUV in China with upgraded, cheaper model

Shares in Xiaomi fell 4.57 per cent to HK$28.4 despite the Beijing tech titan’s confidence over Tesla and its HK$20 billion buyback plan.

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People look at the Xiaomi YU7 new energy (EV) car in a new shopping mall in Beijing. Photo: Simon Song
Banking & finance

Tech edge to boost Chinese firms’ overseas revenues to record high: UBS

Carmaking, power supply chains at forefront of China’s go-global expansion, driven by rising technological competitiveness, Swiss bank says.

UBS expects China’s power and car supply chain sectors to outperform. Photo: EPA
UBS expects China’s power and car supply chain sectors to outperform. Photo: EPA
Electric & new energy vehicles

As Chinese EV makers expand in Europe, are local suppliers set to benefit?

Rising protectionism in Brussels could support demand for local inputs including batteries, lithium and other raw materials, industry insiders say.

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International Property

Property challenges put Chinese firms’ go-global plans at risk: JLL

Some firms have scrapped investment plans to ‘restart from scratch’ after difficulty securing property, researcher says.

Made in China 2025

China’s machinery giant XCMG eyes bigger scoop of global sales

State-owned firm banks on intelligent manufacturing, green technology, product integration and digital services to boost sales overseas.

A giant XCMG truck dwarfs other vehicles at the company’s customer festival in Xuzhou, in eastern China’s Jiangsu province, on May 19. Photo: Handout
Artificial intelligence

Xiaomi is pouring billions into AI to future-proof its hardware empire

Beijing-based firm bets on frontier tech, from topping AI benchmarks to designing chips that rival Apple, to secure its long-term survival.

Xiaomi has recently committed more than US$8.8 billion to AI investments over the next three years. Photo: AFP
Xiaomi has recently committed more than US$8.8 billion to AI investments over the next three years. Photo: AFP
Electric & new energy vehicles

Zelos looks to Middle East, Southeast Asia to turn a profit on robovan fleet

China’s robovan industry is in a period of consolidation, marked by the merger of Zelos with Cainiao’s autonomous-vehicle unit in January.

Electric & new energy vehicles

Does Xpeng’s 33% cut on 6-seat SUV portend a new price war?

The slashed price on the GX model ‘surprised the market’ in a segment carmakers have high hopes for amid slumping EV sales.

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Electric & new energy vehicles

Tesla’s FSD launch in China heats up competition with domestic EV makers

The long-awaited roll-out received approval from regulators a week after Tesla CEO Elon Musk visited China as part of a US delegation.

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A Tesla owner drives hands-free in Amsterdam on April 17, days after Dutch regulators approved the use of the company’s self-driving software. Photo: Reuters
A Tesla owner drives hands-free in Amsterdam on April 17, days after Dutch regulators approved the use of the company’s self-driving software. Photo: Reuters
Electric & new energy vehicles

China’s Chery plans for 1m EVs sold abroad amid global energy crisis

Anhui-based carmaker anticipates 27 per cent increase in foreign deliveries in 2026 as battery ranges improve and oil prices rise.

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Electric & new energy vehicles

China’s Nio slams EV price wars as costs surge, defying cuts by rival Li Auto

Nio and Li Auto take different approach to pricing new models, with one executive praising ‘reasonable’ carmakers that raise prices.

Electric & new energy vehicles

AI | China’s Ganfeng secures orders amid surge in demand for energy storage, AI boom

Company says its orders are booked through the first half of 2027 as it plans to increase production volume by 50 per cent next year.

China’s Ganfeng Lithium says its orders have been booked through the first half of 2027 amid a surge in demand for energy storage systems and a frenzy of investment in AI data centres. Photo: handout
Electric & new energy vehicles

Chinese firm Xpeng builds driverless cabs, challenging Tesla’s FSD software

The EV maker has embarked on mass production of robotaxis using its own chips and plans to trial the tech before the end of the year.

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Xpeng’s first robotaxis roll off its production line. Photo: Handout
Xpeng’s first robotaxis roll off its production line. Photo: Handout
China manufacturing

China’s old ‘Motown’, Shanghai bets on robotaxis, better batteries to bump GDP

City authorities point at the need to lure foreign firms, while emerging sectors are expected to generate a trillion-yuan boost over the next 5 years.

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Electric & new energy vehicles

Global growth of pure EVs faces hurdles in insurance, charging gaps: BNP Paribas

Charging limits and rising insurance costs could slow the global march of pure electric vehicles, BNP Paribas tells Hong Kong conference.

Hong Kong stock market

Li Auto leads retreat in Chinese EV stocks as price cuts raise profit concerns

The renewed pullback in Chinese EV stocks follows a brief rally that was driven by expectations of rising demand for alternative energy.

The flagship L9 Livis on display at the Li Auto booth, at the Beijing International Automotive Exhibition (Auto China), April 24, 2026. Photo: Reuters
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