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Electric & new energy vehicles

Electric & new energy vehicles
Latest news, in-depth features and opinion on electric & new energy vehicles, with a particular focus on China.
Workers inspect a wind turbine on April 23, in China’s Jilin province. Photo : Xinhua
US-China relations

Opinion | Energy now a focus of US-China contest of the century

As China and the US race towards energy dominance, attention to climate resilience and resource security can ensure positive outcomes for all.

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Future of transport

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

Automotive industry

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

Tesla

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

Tesla’s China sales rebounded in May on financing incentives and stronger demand, but local competitors are gaining momentum.

A Tesla vehicle on display at a Beijing showroom. Deliveries from the carmaker’s Shanghai plant hit a 2026 high in May. Photo: AFP
China-EU relations

China’s SAIC plans to build first EU car plant in Spain’s Galicia

Galicia’s leader Alfonso Rueda said his administration ‌had given the project an initial investment envisaged at around US$232 million.

Automotive industry

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.

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Mainland China

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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The push in AI would likely bring EV models with conditionally autonomous driving capability, or Level 3, to market, according to Morgan Stanley. Photo: Getty Images
China-EU relations

Brussels agrees on tougher China trade policy, as Beijing vows retaliation

Trade chief details why bloc needs to take stronger steps to defend itself from what is described as a new ‘China shock’ to its industries.

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Future of transport

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.

BYD

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
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.

CATL’s Xiamen Energy Storage Validation Research Institute (ESVL) officially commenced operations on Thursday. Photo: Handout
China manufacturing

China unveils new blueprint that could reshape global EV and AI standards

The plan sets out Beijing’s ambition to define technical rules for next-generation cars.

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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.

Hong Kong

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
China exports

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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New cars, including electric vehicles by Chinese firm BYD, are seen parked in the port of Zeebrugge in Belgium on October 24, 2024. Photo: Reuters
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.

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Mainland China

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.

After merging with Cainiao’s autonomous vehicle unit in January, Zelos’ fleet of Robovans and other vehicles exceeds 20,000. Photo: Handout
Automotive industry

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.

Tesla

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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China manufacturing

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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Employees work on a factory production line for Chery’s electric vehicles in China’s Anhui province. Photo: Reuters
Social media

Video | Corporate billionaires are China’s newest influencers

EV executives such as Xiaomi’s Lei Jun and NIO’s William Li have live-streamed themselves on road trips featuring their brands’ vehicles.

Corporate billionaires are China’s latest live-streaming influencers
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China-EU relations

Chinese investment in Europe surges to 7-year high despite rising trade tensions

But study warns that new project pipeline appears to be drying up, as Chinese investors face pressure from both Beijing and Brussels.

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Li Auto

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.

South Korea

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
Artificial intelligence

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
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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Mainland China

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.

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