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China EVs
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Electric & new energy vehicles
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BYD
Made in China 2025
Buy local: China directs state bodies to buy more home-made EVs for official use
Beijing’s latest order follows similar notices in 2024 that aim to increase Made in China electric vehicles in government fleets.
6 hours ago
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Electric & new energy vehicles
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Stellantis, Leapmotor near decision on European production
6 hours ago
Electric & new energy vehicles
EV battery maker CATL seeks new growth in clean tech ahead of Hong Kong listing
18 May 2025 - 3:00PM
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IPO
CATL’s dilemma: top-of-the-range Hong Kong IPO price may cap first-day gains
EV battery maker’s 6.7 per cent discount to its Shenzhen-traded shares is much lower than the average 25 per cent discount for dual-listed Chinese firms.
16 May 2025 - 3:33PM
CATL is expected to raise HK$35.66 billion from the sale of 135.6 million shares at HK$263 apiece. Photo: Reuters
Electric & new energy vehicles
Chinese EV maker Xpeng launches AI-chip powered P7 to take on Model 3, SU7
The next-generation P7 will start from about US$41,630 and hit the mainland Chinese market in July or August.
15 May 2025 - 9:23PM
Electric & new energy vehicles
China’s CATL powers up for overseas push with US$4.6 billion Hong Kong IPO
City’s largest share sale in four years shows Beijing’s determination to push China’s EV technologies worldwide, analysts say.
15 May 2025 - 5:00PM
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Electric & new energy vehicles
Chinese carmakers race to develop flying cars after rivalry in EV market
The government forecasts the low-altitude mobility economy will increase more than fivefold to US$486 billion by 2035 from last year.
15 May 2025 - 8:00AM
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Xpeng’s AeroHT conducts a test flight during the Zhuhai Airshow in November 2024. Photo: Xinhua
IPO
CATL set to price US$4.6 billion IPO at top end of range as Hong Kong investors pile in
World’s largest maker of electric-vehicle batteries could expand its IPO deal to as much as US$5.3 billion if several upsize options are exercised.
14 May 2025 - 8:02PM
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SCMP Highlights
70,000 vehicles recalled in China, Geely offers to buy Zeekr: 7 EV reads
From different battery tech pitted against each other to a drop in Tesla’s China deliveries, here are seven EV stories you may have missed.
14 May 2025 - 3:00PM
US-China trade war
Tariff flux leaves Chinese car-parts makers in limbo on global growth plans
The fluid tariff situation makes planning difficult, particularly with regard to offshore investment, S&P analysts say.
14 May 2025 - 9:57AM
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BYD
BYD factory delayed in Brazil to be ‘fully functional’ by end of 2026: official
BYD’s investment in Brazil – its biggest market outside China – aims to turn factory into complex with capacity to make 150,000 EVs a year.
13 May 2025 - 11:23AM
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BYD’s new electric vehicle factory’s construction site in Camacari, Brazil. Photo: Reuters
IPO
Chinese EV battery giant CATL launches US$5.3 billion Hong Kong IPO
Listing is expected to be the largest in Hong Kong since Kuaishou Technology raised US$6.2 billion in January 2021.
12 May 2025 - 5:19PM
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Autonomous vehicles
Apollo Go expands robotaxi tests in Hong Kong as it aims for global reach
The Baidu unit has received an updated pilot licence, allowing it to double the number of robotaxis operating in a wider area.
12 May 2025 - 5:07PM
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IPO
Exclusive
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Heavy equipment maker Sany to expand overseas after Hong Kong IPO
Aiming to raise up to US$1.5 billion in its proposed listing, company eyes lucrative overseas sales amid weak demand at home.
11 May 2025 - 11:00AM
Electric & new energy vehicles
BMW, Toyota, Mercedes-Benz recall nearly 70,000 vehicles in China
The large-scale recall follows a series of Chinese measures aimed at improving car safety after an accident involving a Xiaomi EV.
10 May 2025 - 8:58PM
A BMW logo seen at the carmaker’s plant in Berlin, Germany. Photo: dpa
DeepSeek
DeepSeek founder Liang Wenfeng ‘takes no short cuts’, Li Auto CEO says
That assessment reflects how Liang, an ‘extremely self-disciplined person’, led DeepSeek to become a true innovator in AI.
9 May 2025 - 7:18PM
Electric & new energy vehicles
Chinese EV brands are coming for Hyundai, Kia on their home turf
Success in the Hyundai-dominated country could burnish the image of Chinese-made EVs globally, analysts say.
9 May 2025 - 8:37PM
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IPO
Stars align for mainland-listed firms’ Hong Kong share sales
30 A-share firms have applied to sell shares in Hong Kong this year, surpassing last year’s 16, according to exchange data.
8 May 2025 - 9:26AM
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Shenzhen-listed CATL is gauging investor interest for its estimated US$5 billion share float after receiving approval from the Hong Kong stock exchange’s listing committee. Photo: AFP
Electric & new energy vehicles
Tesla China deliveries drop as buyers favour cheaper domestic models
A sales increase in March proves short-lived, as April deliveries by the company’s Shanghai factory plunge nearly 26 per cent.
8 May 2025 - 9:00AM
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Electric & new energy vehicles
Geely Auto offers to buy full control of Zeekr, delist EV unit from NYSE
Take-private offer could cost Geely as much as US$2.24 billion, values the NYSE-listed firm at US$6.5 billion.
8 May 2025 - 3:14PM
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Electric & new energy vehicles
Auto Shanghai: Chinese EV makers post record holiday sales amid Tesla’s no-show
Leapmotor recorded its best-ever one day sales on Monday; Geely Auto saw unprecedented buying spree during ‘golden week’ holiday.
6 May 2025 - 9:31PM
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China Future Tech briefing
Pony.ai, Uber to offer robotaxis in Middle East
Partnership will help both parties explore new markets in the Middle East and other international markets, according to statement.
6 May 2025 - 8:15PM
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A logo of the Chinese autonomous driving technology start-up is seen on a screen during an event in Beijing in 2021. Photo: Reuters
Tesla
Tesla pushes lidar-free self-driving system in China amid wait for FSD approval
The US carmaker said in a Weibo post that its ‘visual processing solutions’ provide safer intelligent driving in various scenarios.
5 May 2025 - 9:00PM
Electric & new energy vehicles
Chinese EV industry pits battery swapping technology against ultra-fast charging
The duelling technologies are aimed at soothing consumer anxiety about driving ranges.
1 May 2025 - 8:09PM
Electric & new energy vehicles
Global carmakers ‘go local’ in China to claw back EV market share
More than a dozen new EV models from foreign giants at Auto Shanghai feature the latest Chinese technologies in battery, digital cockpit and self-driving.
1 May 2025 - 8:30AM
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HIGHLIGHTS FROM
China Future Tech
Tech Trends
Huawei, UBTech team up to bring humanoid robots to factories and homes
12 May 2025 - 9:59PM
China Economy
Buy local: China directs state bodies to buy more home-made EVs for official use
6 hours ago
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Big Tech
Xiaomi now one of China’s biggest semiconductor investors, founder Lei Jun says
6 hours ago
Big Tech
Ant Group’s global unit pulls in US$3 billion in revenue ahead of spin-off
19 May 2025 - 6:51PM
Big Tech
Nvidia’s Huang teases new Taiwan office, supercomputer plans in Computex speech
19 May 2025 - 6:00PM
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MORE IN China Future Tech
OPINION
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Chenjie Song
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Why Gulf countries are fertile ground for Chinese EV makers’ growth
15 May 2025 - 5:30AM
Zhou Xin
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China’s ambitions in electric vehicles go beyond making lots of cars
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Christopher Tang
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Forget Doge, it’s Musk’s Tesla that looks in need of a rescue
19 Mar 2025 - 2:15PM
Prof Zhang Jun
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How China’s fast-transforming economy can avoid painful L-shaped growth
11 Dec 2024 - 2:30PM
Brian Y. S. Wong
Opinion
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3 obstacles China must overcome to mend ties with Europe
6 Dec 2024 - 9:57PM
7
David Dodwell
Outside In
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Europe’s battery crisis a humiliating reminder of China’s EV dominance
29 Nov 2024 - 8:30PM
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