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BYD
Electric & new energy vehicles
BYD beats Tesla again as sales top US$100 billion in record 2024 results
Chinese EV maker is forecast to widen its lead over Tesla in 2025 and 2026 global sales, according to consensus compiled by Bloomberg.
3 hours ago
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Electric & new energy vehicles
Chinese EV maker Xiaomi raises US$5.5 billion to accelerate expansion
4 hours ago
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Electric & new energy vehicles
BYD launches a ‘Model 3 killer’ at half the price of Tesla’s top seller
2 hours ago
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Electric & new energy vehicles
BYD’s Denza unveils N9 SUV to challenge Mercedes, BMW in premium EV segment
The N9 starts from 389,800 (US$60,860), equipped with BYD’s autonomous driving systems and can support on-vehicle drone systems.
22 Mar 2025 - 8:00AM
BYD’s premium brand Denza launches its most expensive model called N9 in Shenzhen on March 21, 2025. Photo: Handout
Electric & new energy vehicles
Chinese EV maker Nio’s fourth-quarter loss widens, revenue outlook underwhelms
‘This year marks the beginning of a new product cycle for our three brands,’ says founder, chairman and CEO William Li Bin.
21 Mar 2025 - 10:55PM
China shipbuilding
China is building new ships at record pace to turbocharge its car exports
Shipyards are rolling out huge vessels capable of carrying 8,600 cars as China’s auto industry seeks to accelerate its global expansion.
21 Mar 2025 - 8:00PM
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Electric & new energy vehicles
Xpeng sets up first self-branded EV supercharging station in Hong Kong
Fierce competition among auto manufacturers is extending to charging technologies.
21 Mar 2025 - 6:15PM
Xpeng X9 electric vehicles in Guangzhou. Photo: AFP
Electric & new energy vehicles
Chinese carmaker Geely’s profit soars 213% driven by EVs, asset sales
Geely sold 2.18 million vehicles last year, of which 1.76 million units were delivered on the mainland while 414,522 units were exported.
20 Mar 2025 - 6:15PM
Electric & new energy vehicles
Xpeng says robotics industry will get bigger than automotive sector
Xpeng plans to mass produce humanoid robots and flying cars for the consumer market by the end of next year.
19 Mar 2025 - 7:00PM
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Electric & new energy vehicles
Tesla banks on Model Y, China’s CATL to see strong growth: 7 EV reads
From an expectation of strong growth for China’s CATL to Zeekr challenging BMW and Mercedes, here are seven EV stories you may have missed.
19 Mar 2025 - 3:00PM
Electric & new energy vehicles
Chinese EV maker Xpeng trims losses on 23% revenue rise
The carmaker expects revenue to increase by up to 140 per cent from a year earlier in the first quarter.
18 Mar 2025 - 9:48PM
Xpeng X9 electric vehicles at a port in Guangzhou. Photo: AFP
Banking & finance
CEO Lei Jun sees progress as Xiaomi raises 2025 EV deliveries target by 16%
Xiaomi is entering the high-end segment of the EV market and also eyeing overseas sales as it ramps up production.
18 Mar 2025 - 8:30PM
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Electric & new energy vehicles
Chinese EV maker Nio, battery king CATL join forces on swapping stations
CATL, which is planning a US$5 billion Hong Kong share listing, will invest up to US$345.6 million in Nio.
18 Mar 2025 - 6:08PM
Electric & new energy vehicles
BYD shares surge on unveiling of ‘fast as gas’ charging tech
The new battery and charger platform from the world’s biggest EV maker operates at 1 megawatt, twice the power of Tesla’s fastest offering.
18 Mar 2025 - 4:32PM
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Electric & new energy vehicles
Chinese EV battery maker CATL to see strong growth in 2025: analysts
US investment bank Jefferies raises CATL price target after company reports record profit for 2024.
17 Mar 2025 - 5:25PM
People passed a CATL logo at an auto show in Shanghai. Photo: Reuters
Electric & new energy vehicles
Volkswagen to launch 11 new models in China as it eyes 4 million units by 2030
The new models will come with high-performance digital features, such as autonomous driving capabilities and over-the-air updates.
17 Mar 2025 - 2:16PM
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Electric & new energy vehicles
Tesla plans cheaper model to put brakes on China sales slide
The US company’s share of the world’s largest EV market has dropped to 4.3 per cent from more than 16 per cent in 2022.
14 Mar 2025 - 4:31PM
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IPO
Apple supplier Lens Technology joins Chinese firms planning Hong Kong IPOs
Avatr Technology, Shenzhen-listed Changan Automobile’s EV company, is also reportedly considering a US$1 billion Hong Kong listing.
13 Mar 2025 - 1:32PM
A man tests an iPhone 16 in an Apple store in Beijing on February 13, 2025. Photo: AFP
Electric & new energy vehicles
Tesla pins hope on refreshed Model Y to revive faltering sales in China
Orders for the revamped model, which starts from US$36,292 have crossed 200,000 units, according to Chinese tech site 36kr.
13 Mar 2025 - 1:06PM
Electric & new energy vehicles
Exclusive
|
Hesai eyes Europe’s smart EVs for lidar sales after Mercedes-Benz deal
Hesai’s 2025 profit may jump to between 200 million yuan and 350 million yuan, from 14 million yuan last year, said its chief financial officer Andrew Fan.
13 Mar 2025 - 6:38PM
Electric & new energy vehicles
1.2 million EVs were sold worldwide last month, mostly in China
About three-quarters of the 1.2 million EVs and hybrids sold worldwide in February were delivered in China, according to Rho Motion.
12 Mar 2025 - 5:17PM
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Electric & new energy vehicles
China’s new energy vehicle sector faces ‘elimination contest’ amid crackdown
More than three-quarters of China’s electric car brands may disappear as Beijing vows to stamp out excessive competition.
12 Mar 2025 - 8:45AM
Electric cars are lined up ready to be exported at a port in eastern China. The industry is one of several in China affected by a vicious price war and excessive competition. Photo: Xinhua
Electric & new energy vehicles
Chinese EV maker Zeekr to take on BMW, Mercedes in SUV segment
Zeekr will unveil the 9X Grand hybrid SUV next month and price it at the 1 million yuan (US$137,840) level.
10 Mar 2025 - 7:46PM
Electric & new energy vehicles
Exclusive
|
Why does a Kazakh tycoon want to ride China’s electric vehicle wave?
‘We are a natural partner for China, especially in the growing EV sector,’ says Kenges Rakishev, chairman of the Fincraft Group.
10 Mar 2025 - 10:46AM
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Business of climate change
China miners accelerate overseas buying spree
Last month, MMG said it would buy British miner Anglo American’s nickel business in Brazil.
6 Mar 2025 - 10:20PM
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HIGHLIGHTS FROM
China Future Tech
Banking & Finance
Alibaba’s Tsai says some AI bets like excess data centres are speculative
25 Mar 2025 - 5:11PM
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Big Tech
Chinese tech giant Tencent invests in Shanghai robotics start-up Agibot
2 hours ago
China EVs
BYD beats Tesla again as sales top US$100 billion in record 2024 results
3 hours ago
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Tech War
Ant Group’s use of local GPUs, not Nvidia, cuts AI model training costs by 20%
4 hours ago
Global Economy
Unaffected by EU’s tariffs on EVs, China’s hybrid-vehicle exports surge to bloc
5 hours ago
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