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China EVs
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Electric & new energy vehicles
Automotive industry
Future of transport
BYD
Mergers & Acquisitions
Mercedes-Benz buys US$191 million stake in Chinese autonomous driving developer
The German carmaker obtains a 3 per cent stake in Chongqing Qianli Technology.
26 minutes ago
Electric & new energy vehicles
CATL poised to bring Yichun lithium output back online after licence lapse
5 hours ago
Electric & new energy vehicles
Chinese SUV maker Jetour pushes localised offerings to hasten go-global drive
6 hours ago
SCMP Highlights
BYD’s big plans in Brazil, Xpeng tries to go global: 7 EV reads
From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.
24 Dec 2025 - 3:30PM
BYD’s confidence in Brazil was reinforced in October with the opening of the company’s large passenger vehicle factory in Camacari, in the northeastern state of Bahia. Photo: Handout
Electric & new energy vehicles
Luxury EV built with Huawei tops Porsche’s Panamera and BMW’s 7 Series in China
Chinese carmakers gain confidence in the premium segment as Maextro S800 – developed by Huawei and JAC Group – tops sales above US$100,000.
23 Dec 2025 - 8:45PM
7
Electric & new energy vehicles
China’s approval for L3 self-driving cars to stimulate slowing mainland market
Chinese carmakers could sell about 270,000 semi-autonomous vehicles next year, representing 1 per cent of the total market, Daiwa says.
22 Dec 2025 - 7:30AM
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Made in China 2025
Can rising lithium costs save China’s energy storage firms from a price war?
China’s battery makers raise prices amid lithium rebound and global AI energy demand.
19 Dec 2025 - 2:00PM
Deegares says it is raising prices of lithium batteries by 15 per cent. Photo: Handout
Electric & new energy vehicles
BYD ups the ante on L3 autonomous cars, begins testing for mass production
BYD has pinned its hopes on preliminary self-driving technologies to bolster its sales in mainland China.
18 Dec 2025 - 11:11AM
Electric & new energy vehicles
Xpeng CEO dismisses AI bubble fears, predicts more affordable robots soon
He Xiaoping’s recent trip to the US, where he met more than 30 professionals in the AI field, helped form his conclusions about the industry.
17 Dec 2025 - 7:44PM
Electric & new energy vehicles
Xpeng, Li Auto given approval to test ‘hands-off’ L3 cars amid slowing market
Deregulation to legalise L3 technology represents a leap forward in commercialising autonomous driving systems in China.
16 Dec 2025 - 7:45PM
Electric & new energy vehicles
Beijing approves first L3 autonomous cars in leap towards ‘hands-off’ driving
The cars, both pure EVs, can only navigate urban streets and highways in designated areas, according to the ministry.
16 Dec 2025 - 1:13PM
The Baidu-BAIC Arcfox robotaxi is seen on the road. Photo: Shutterstock Images
Electric & new energy vehicles
Xpeng steps up ‘go global’ drive with Malaysian assembly hub for Southeast Asia
The Guangzhou-based company said it would partner with Malaysia’s EP Manufacturing to locally assemble intelligent EVs.
15 Dec 2025 - 5:00PM
Electric & new energy vehicles
China’s Geely Auto raises bar on car safety with world’s largest test centre
Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.
15 Dec 2025 - 8:30AM
Electric & new energy vehicles
China’s EV battery giants wade into shipbuilding to bolster Beijing’s dominance
CATL and Gotion add momentum to China’s efforts to build new-energy vessels amid an accelerated decarbonisation drive.
14 Dec 2025 - 9:00AM
Electric & new energy vehicles
Chinese lidar maker Seyond, founded by former Baidu engineers, debuts in Hong Kong
Its lidar sensors are used by carmakers such as Nio, as well as in robotics, unmanned delivery and industrial automation scenarios.
10 Dec 2025 - 6:00PM
A view of Nio’s car assembly line in Hefei, Anhui province, China, April 22, 2025. Photo: EPA-EFE
SCMP Highlights
China leans on German carmakers; BYD founder bets on new tech: 7 EV reads
From Spain’s new electric car plan to BYD’s founder betting on new tech to win back customers, here are seven EV stories you may have missed.
10 Dec 2025 - 4:55PM
Electric & new energy vehicles
BYD founder bets on new tech to win back customers as sales decelerate
Company is pinning its hopes on a 12,000-strong R&D team to come up with technological breakthroughs.
5 Dec 2025 - 8:20PM
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Banking & finance
CSRC vows deeper reforms to open China’s capital market and boost tech listings
CSRC chairman Wu Qing outlines ‘deep transformation’ of capital market to attract long-term investors who ‘can stay and can develop well’.
5 Dec 2025 - 5:01PM
The Chinese capital market requires a “deep transformation” to enhance its “inclusiveness and adaptability”, says Wu Qing. Photo: Reuters
Millionaires and billionaires
Mainland China’s billionaire count surges as BYD and Mixue bosses power gains
The combined wealth of mainland China’s billionaires soars 22 per cent to US$1.77 trillion; Hong Kong’s ultra-rich population rises.
4 Dec 2025 - 5:29PM
Electric & new energy vehicles
Tesla’s China plant sees shipment surge ahead of subsidy expiry
However, the rebound may not be sufficient to help the company reclaim lost ground in China, an analyst says.
3 Dec 2025 - 2:53PM
Banking & finance
From chips to noodles: the newcomers testing Hong Kong’s buoyant IPO market
A wave of billion-dollar offerings is building behind four new listings this week, signalling sustained momentum in Hong Kong’s IPO market.
3 Dec 2025 - 7:30AM
Electric & new energy vehicles
China’s EV makers post stellar sales before incentives are phased out next year
Leapmotor leads the pack with record sales for a seventh month in a row, while Voyah and Zeekr put on a strong performance.
2 Dec 2025 - 9:49AM
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Voyah’s monthly sales rose for a fourth straight month, with deliveries rising 16.2 per cent month on month to 20,005 vehicles. Photo: Xinhua
Electric & new energy vehicles
China EV profit woes fuel market anxiety over challenging 2026
Investors quickly turn against EV makers as earnings fall short, and next year looks even more difficult, analysts say.
28 Nov 2025 - 3:10PM
Made in China 2025
Chinese EV makers tipped to storm global top 10 carmakers by 2030, McKinsey says
Chinese carmakers are expected to climb the global league tables over the next five years, as technology and scale disrupt the leaders.
28 Nov 2025 - 8:30AM
Electric & new energy vehicles
Chinese EV makers step on gas abroad amid weakening mainland sales
A growing export drive by Chinese EV makers aims to soak up overcapacity and secure better profits as incentives fade.
28 Nov 2025 - 7:30AM
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