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Business /

China EVs

Related Topics:
Electric & new energy vehicles
Automotive industry
Future of transport
BYD
Robotic arms work at an intelligent factory of Leapmotor in Jinhua, Zhejiang province, on July 16, 2025. Photo: VCG via Getty Images
Electric & new energy vehicles

Leapmotor, Xpeng report record July sales as their cheaper EVs appeal to Chinese consumers

After Beijing’s call to end a brutal price war, EVs priced around US$13,888 have become the choice for budget-conscious consumers.

Electric & new energy vehicles

China EV war: Tesla, Nio and Li Auto target mainland families with premium SUVs

China trade

Brazil grants BYD exemption from EV tariff hike, but not for as long as sought

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China trade

Brazil weighs BYD tariff break as rivals warn of lay-offs and investment freeze

Chinese EV maker seeks cut while building local plant but other carmakers and regional governors say it could hurt Brazil’s industrial base.

Guests inspect a BYD vehicle on display in Camacari, Brazil on July 1 as the Chinese automaker held a ceremony to mark its first passenger vehicle assembled at its factory there. Photo: Xinhua
Guests inspect a BYD vehicle on display in Camacari, Brazil on July 1 as the Chinese automaker held a ceremony to mark its first passenger vehicle assembled at its factory there. Photo: Xinhua
Electric & new energy vehicles

CATL posts 34% profit growth, defying weak global EV demand

The world’s largest electric vehicle battery maker saw its net profit reach US$2.3 billion in the second quarter.

Electric & new energy vehicles

Li Auto launches 6-seat electric SUV in pre-emptive strike against Tesla

The Beijing-based carmaker will start delivering the premium Li i8 electric vehicle to mainland customers from August 20.

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Autonomous vehicles

Pony.ai steps up mass production of robotaxis, targets overseas expansion

Co-founder says firm to partner with carmakers GAC, BAIC and Toyota on production, targeting a fleet of 1,000 robotaxis this year.

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Pony.ai’s self-driving taxi is seen in Beijing’s Daxing district. Photo: EPA-EFE
Pony.ai’s self-driving taxi is seen in Beijing’s Daxing district. Photo: EPA-EFE
Electric & new energy vehicles

Tesla says EV maker in ‘big swing moment’ with autonomy, robotaxis, Optimus

Remarks by engineering chief served as a rallying cry for fans of Tesla and Musk amid shrinking market share and an ageing lineup in key global markets.

Electric & new energy vehicles

Towngas to build hydrogen-powered EV stations amid mixed signals for clean fuel

‘Once our business scales up, the costs of electricity generated from hydrogen will be lower than other green power sources,’ COO Cheng says.

Electric & new energy vehicles

Leapmotor eyes global market with smart EV at half the price of Tesla’s Model 3

Deliveries to mainland Chinese customers will begin this month, but the company does not say when the new car will be sold overseas.

A Leapmotor B01 electric midsize sedan on display during the launch ceremony in Hangzhou on Thursday. Photo: Daniel Ren
Electric & new energy vehicles

Tesla seeks a comeback in China with refreshed Model 3 and Model Y

Carmaker expects to begin delivering the models to mainland customers as early as September.

People check Tesla Model Y cars in Beijing. Photo: AFP
People check Tesla Model Y cars in Beijing. Photo: AFP
SCMP Highlights

Tesla bid to regain China market share, BYD’s high Hong Kong sales: 7 EV reads

From driverless taxis in China to Beijing’s restrictions on eight key battery technologies, here are seven EV stories you may have missed.

Electric & new energy vehicles

BYD outsells Tesla, BMW in Hong Kong’s right-hand drive EV market

Hong Kong sells fewer than 40,000 cars a year, but mainland carmakers consider it the beachhead for breaking into the global right-hand-drive market.

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Robotics

Chinese self-driving firm iMotion eyes robotics business after unveiling refinancing plan

The Suzhou-based firm says it would collaborate with Horizon Robotics to develop the iMotion iRC100 robotic controller.

In March, iMotion said it aimed to meld robotics into autonomous driving technologies. Photo: Handout
China consumption

‘The American dream has faded’: how Jeep reached the end of the road in China

Chinese consumers have rapidly turned away from the iconic US brand, leading to plunging sales, spiking debts and a historic bankruptcy.

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The Jeep Grand Cherokee was highly coveted among Chinese consumers in the 2010s, but sales have fallen off a cliff in recent years. Photo: TNS
The Jeep Grand Cherokee was highly coveted among Chinese consumers in the 2010s, but sales have fallen off a cliff in recent years. Photo: TNS
China stock market

Investors look to Politburo meeting for signs of fighting overcapacity

All eyes will be on how gathered leaders address hyper-competition in industries including solar and lithium batteries, EVs and e-commerce.

Hong Kong stock market

Momentum in Hong Kong’s follow-on fundraising market to continue: bankers

The amount raised via follow-on offerings reaches US$31.4 billion in the first half of 2025, outpacing all of 2024.

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Electric & new energy vehicles

China and Europe power 24% growth in global EV sales in June

Sales in China jumped 28 per cent, while Europe’s demand rose 23 per cent to 390,000 units last month, according to Rho Motion.

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Visitors look at a BYD EV at the Bucharest Tech Expo in June. Photo: Xinhua
Visitors look at a BYD EV at the Bucharest Tech Expo in June. Photo: Xinhua
Electric & new energy vehicles

Driverless taxis in mainland China could control more than 6% of market: HSBC

HSBC says potential addressable market for robotaxis in mainland China is estimated to be around US$40 billion a year.

Electric & new energy vehicles

China’s BYD accelerates Saudi expansion as Tesla boosts EV awareness in kingdom

BYD aims to open seven showrooms in the Middle Eastern country by the second half of 2026, taking the total to 10.

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Electric & new energy vehicles

CATL, BYD partner with BHP to electrify Australia’s mining industry

The Chinese firms will collaborate with BHP on battery development for mining equipment, locomotives and rapid charging infrastructure.

Australian mining giant BHP’s Mount Newman iron ore mine in Western Australia. BHP aims to achieve net-zero operational greenhouse gas emissions by 2050. Photo: AFP
Electric & new energy vehicles

Chinese EV maker Zeekr plugs in to hybrids to tap into soaring sales

The Geely subsidiary's switch to plug-in hybrids leaves Nio and Tesla as the only pure EV players on the mainland.

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The 9X SUV is Zeekr’s first plug-in hybrid SUV. Photo: Reuters
The 9X SUV is Zeekr’s first plug-in hybrid SUV. Photo: Reuters
SCMP Highlights

BYD and Geely bank on big discounts, Xpeng’s ‘super AI’ SUV : 7 EV reads

From BYD and Geely cutting prices to lure customers to Xpeng rolling out a ‘super AI’ SUV, here are seven EV stories you may have missed.

Electric & new energy vehicles

China’s EV price war dashes profit hopes of 90% of brands, AlixPartners says

Less than 10 per cent of the 129 brands currently on the market would be profitable by 2030 if the unrelenting discounts continue, Stephen Dyer says.

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Electric & new energy vehicles

Xpeng launches G7 ‘Super AI’ SUV, taking on Xiaomi YU7 and Tesla Model Y

The G7, Xpeng’s first model to feature its in-house Turing AI chip, starts at 195,800 yuan (US$27,325).

Xpeng’s G7 sits next to a model of the company’s slef-developed AI chip. Photo: Weibo
China Future Tech
HIGHLIGHTS FROM
China Future Tech

Tech Trends

Meta changes course on open-source AI as China pushes ahead with advanced models

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The Meta AI logo is seen in this illustration picture taken May 20, 2024. Photo: Reuters

Big Tech

Alibaba’s maps app gets an AI upgrade with Qwen-powered agent

An Alibaba booth at the World Artificial Intelligence Conference in Shanghai last month. Photo: EPA

Big Tech

Baidu partners with Lyft to launch robotaxis in UK and Germany

Baidu and Lyft say they expect to roll out thousands of robotaxis across Europe in the coming years. Photo: Shutterstock Images

Tech

Beijing’s E-Town offers subsidies to robot buyers as China embraces humanoids

A humanoid robot from Unitree Robotics at the Global Developer Conference, organised by the Shanghai AI Industry Association, in Shanghai on February 21, 2025. Photo: AFP)

China Economy

Explainer | From nose to tail, how China is reshaping the aviation supply chain

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The licencing of the AES100 turboshaft engine is one of several recent milestones in China’s campaign to localise its aviation supply chain. Photo: Xinhua
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