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Technicians are seen working at the assembly line of Geely Auto’s Changxing plant in Huzhou, eastern Zhejiang province. Photo: VCG via Getty Images
Electric & new energy vehicles

China’s Geely bets on longer-range, faster-charging tech over fresh EV price war

‘We promise to compete based on technology, quality, brand, service and corporate ethics,’ Geely Auto CEO says.

Electric & new energy vehicles

Low-cost models dominate China EV sales, surpassing Tesla and BYD

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Electric & new energy vehicles

China’s EV insurers move towards profitability on higher premiums, AI adoption

Electric & new energy vehicles

Speed bump ahead: rising battery costs nudge Chinese drivers towards hybrids

Higher lithium prices and the end of incentives are reshaping China’s EV market, with hybrids emerging as a more practical option for many.

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Workers produce lithium batteries in Qinyang, central China’s Henan province. Photo: Xinhua
Workers produce lithium batteries in Qinyang, central China’s Henan province. Photo: Xinhua
SCMP Highlights

CATL’s sodium-ion breakthrough, Tesla’s AI training centre: 7 EV reads

From China banning carmakers from selling below cost to Chinese brands’ dominance in Brazil, here are seven EV stories you may have missed.

Germany

Mercedes to accelerate localisation as China revenue slump hits 2025 profits

Despite a weak outlook, the company unveils a strategy to further localise production in China, introduce AI-based upgrades and launch new models.

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Electric & new energy vehicles

Chinese cars now can’t be sold for less than it costs to make them

Regulator bans tactics that result in a net loss per vehicle after a 7 per cent drop in the average car price.

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Cars are lined up for inspection at carmaker Great Wall Motor’s plant in Baoding, in northern China’s Hebei province, on November 24, 2025. Photo: Reuters
Cars are lined up for inspection at carmaker Great Wall Motor’s plant in Baoding, in northern China’s Hebei province, on November 24, 2025. Photo: Reuters
Electric & new energy vehicles

China’s efforts to control EV price war sees carmakers paying vendors quicker

Only a handful of the nearly 50 mainland China-based EV builders have been able to turn a profit amid the price wars.

Electric & new energy vehicles

Exclusive | CATL’s new innovation expands EV battery horizons in untapped cold regions

The Chinese giant pulls an ace from its sleeve amid fierce EV competition by bringing sodium-ion batteries to the mass-produced car market.

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Electric & new energy vehicles

Pony AI and Toyota roll out robotaxis in China’s autonomous drive push

Guangzhou-based Pony AI begins output of 1,000 autonomous cabs and targets a 3,000-unit fleet by the end of 2026 as it expands globally.

Pony AI is one of three robotaxi firms that have received approval from authorities to operate driverless cabs on designated roads in cities like Beijing and Shanghai. Photo: Handout
Electric & new energy vehicles

Chinese EV maker Nio raises US$2.6 billion bet on battery swapping

Company touts 100 million swaps, but fast-charging batteries are eating into the technology’s speed advantage, analyst says.

Shanghai-based Nio is the only mainland carmaker that builds swap-ready EVs. Photo: Facebook/Nio
Shanghai-based Nio is the only mainland carmaker that builds swap-ready EVs. Photo: Facebook/Nio
Electric & new energy vehicles

Tesla launches China AI training centre as self-driving race accelerates

US EV giant opens hub to advance its Full Self-Driving software, as Chinese carmakers step up their own L3 autonomous driving plans.

Electric & new energy vehicles

Why CATL’s sodium-ion breakthrough could be a game changer for China’s EV market

The Naxtra battery, more price-stable and cold-resistant than the lithium-ion units now powering most EVs, will undergo its first tests this week.

Electric & new energy vehicles

China’s turbocharged EV market hits a speed bump amid falling sales

After years at full throttle, China’s EV sector is slowing sharply, with sales sliding in January as tax breaks fade and costs rise.

China’s roughly 50 electric carmakers sold about 900,000 vehicles last month, down 42.3 per cent from 1.56 million units in December. Photo: Xinhua
Electric & new energy vehicles

China’s first ‘Tesla killer’, flying car makers eye lift-off date: 7 EV reads

From analysis on Beijing-Ottawa tariff deal to foreign carmakers set to stage China comeback, here are seven EV stories you may have missed.

A Xiaomi SU7 Max is displayed at the entrance of the company’s EV factory in Beijing. Photo: AFP
A Xiaomi SU7 Max is displayed at the entrance of the company’s EV factory in Beijing. Photo: AFP
Electric & new energy vehicles

Tesla, Xiaomi vie for Chinese EV buyers with cheaper, longer loans

Low interest rates and seven-year payback periods replace price discounts while EV sales drop and materials costs rise.

Electric & new energy vehicles

Chinese EV makers’ shares skid as sales slide after tax incentive ends

Shares in Hong Kong-listed BYD, Xpeng, Li Auto and Nio plummet as tepid January sales underline pessimistic forecasts for the year.

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Electric & new energy vehicles

How Tesla’s AI shift is prompting Chinese rivals to expand tech offerings

As Tesla diversifies into humanoid robots and self-driving cars, its Chinese competitors are also moving into flying cars, robots and chips.

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Xpeng’s X2 flying car is displayed at the Gaikindo Indonesia International Auto Show in Tangerang, Banten, Indonesia, in July 2025. Photo: Shutterstock
Xpeng’s X2 flying car is displayed at the Gaikindo Indonesia International Auto Show in Tangerang, Banten, Indonesia, in July 2025. Photo: Shutterstock
Electric & new energy vehicles

Tesla reports first ever annual revenue decline as China’s EV giants zoom ahead

Tesla’s vehicle production fell 7 per cent year on year in 2025, as Elon Musk signals company will pivot to humanoid robots.

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China’s private sector

Partnerships, not plants: Chinese companies rethink overseas expansion strategy

Executives are urging a measured approach as Chinese firms turn to global markets amid intensifying competition at home.

China manufacturing

Over 70% of European firms in China review supply chain strategies: survey

The findings show how European firms must maintain a delicate balancing act between China’s tight security and focus on self-reliance.

A growing number of European businesses are setting up two separate supply chain systems – one for China and the other for the rest of the world. Photo: Shutterstock
Electric & new energy vehicles

Xpeng targets overseas sales surge in 2026 as China EV battle goes global

Guangzhou-based EV maker targets more than 90,000 overseas deliveries this year amid fierce competition at home.

Xpeng’s G7, the longest range SUV in the world at 1,704km, is gaining traction with overseas buyers. Photo: Handout
Xpeng’s G7, the longest range SUV in the world at 1,704km, is gaining traction with overseas buyers. Photo: Handout
Electric & new energy vehicles

Chinese carmaker BYD chases 24% export growth with new models, more showrooms

Shenzhen-based company expects to sell 1.3 million cars this year outside mainland China.

Electric & new energy vehicles

Xiaomi’s SU7 becomes China’s first Tesla killer, outselling the Model 3

Tesla’s grip on China’s premium sedan segment has loosened, as a bruising price war reshapes the EV landscape.

Electric & new energy vehicles

Major foreign carmakers set to stage a comeback in China this year: analysts

Foreign carmakers ‘will fight back because they will have the same products’ as their Chinese rivals, consultancy head Denis Depoux says.

Volkswagen workers seen at an assembly line in the German carmaker’s plant in Qingdao, in eastern Shandong province, on December 23, 2025. Photo: AFP
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