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A Tesla robot on display at the World Artificial Intelligence Conference in Shanghai. Tesla has said it is transforming itself into a physical AI firm. Photo: AFP
Electric & new energy vehicles

Shanghai Gigafactory has potential to build humanoid robots: Tesla China head

Shanghai Gigafactory could be a ‘golden key’ to advancing Elon Musk’s hopes of commercialising the technology swiftly, Tesla China head says.

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Hong Kong stock market

Chinese EV stocks jump on surging exports, domestic demand hopes

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Electric & new energy vehicles

EVs | Chinese carmakers gear up for L3 self-driving roll-out

Electric & new energy vehicles

Chinese cars squeeze out Asian rivals in Europe as exports top 1 million

Surging EV shipments boost China’s market share at the expense of Japan and South Korea, while EU exports to China slump.

People view a BYD car during the Brussels Motor Show in Brussels, Belgium, on January 10, 2026. Photo: Xinhua
People view a BYD car during the Brussels Motor Show in Brussels, Belgium, on January 10, 2026. Photo: Xinhua
Electric & new energy vehicles

How China’s EV battery king CATL powers up profits while EV makers struggle

Consolidation, scale and technology advantages enhance pricing power as firm’s domestic market share hits 18-month high.

Electric & new energy vehicles

Hyundai spearheads foreign EV comeback push in China with Ioniq brand

South Korean carmaker bets on local partnerships and technology as global brands prepare fresh push into China’s fast-moving EV market.

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Electric & new energy vehicles

Solid-state battery firms in China and US charged up for IPO run

A trio of battery developers are advancing listing plans as high oil prices and geopolitical tensions boost interest in energy storage.

Geopolitical tensions and elevated oil prices fuel demand for more energy-efficient technologies. Photo: Shutterstock
Geopolitical tensions and elevated oil prices fuel demand for more energy-efficient technologies. Photo: Shutterstock
Electric & new energy vehicles

Volkswagen tests China’s appetite for locally developed EVs

The three models, which will be launched over the next two weeks, use technology developed by Volkswagen’s Chinese partners.

Electric & new energy vehicles

Chinese carmakers bet on solid-state batteries to drive next EV phase

Carmakers push next-generation battery tech as they chase longer range and improved safety, despite high costs.

Electric & new energy vehicles

New Energy | Green hydrogen drive may help China reach carbon-neutral goal

Renewable power and government support may slash the costs of green hydrogen production and convince potential users to adopt the fuel.

Green hydrogen drive may help China reach carbon-neutral goal
Electric & new energy vehicles

More foreign marques face a do-or-die moment as Chinese buyers shun petrol cars

Following Skoda’s exit from China, other carmakers with falling sales are also likely to close shop this year, analysts say.

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Skoda, Volkswagen’s mass-market brand, shut down its Chinese operations this year. Photo: AFP
Skoda, Volkswagen’s mass-market brand, shut down its Chinese operations this year. Photo: AFP
Electric & new energy vehicles

Tesla outraces China’s BYD in pure electric car sales to regain world’s top spot

Shrinking subsidies, new taxes sap China’s EV demand, giving Tesla an edge in global deliveries for first time since fourth quarter of 2024.

Electric & new energy vehicles

Leapmotor targets global growth with Europe R&D hub, eyes Canada assembly

Chinese EV maker lifts overseas sales target as rising fuel costs and easing tariffs boost demand abroad.

Electric & new energy vehicles

China EV makers surge back in March as subsidies and financing spur demand

Carmakers report strong month-on-month gains as policy support and new financing schemes lift buyer sentiment.

The EV rebound has been underpinned by renewed policy support at the local level. Photo: AFP
SCMP Highlights

China’s electric cars and Iran war, VW pulls Skoda: 7 EV reads

From some Chinese carmakers raising prices to Xiaomi’s fresh fight with Tesla, here are seven EV stories you may have missed.

Large numbers of cars are lined up ready for export at a port in eastern China’s Jiangsu province. China recently overtook Japan as the world’s largest car exporter. Photo: Xinhua
Large numbers of cars are lined up ready for export at a port in eastern China’s Jiangsu province. China recently overtook Japan as the world’s largest car exporter. Photo: Xinhua
Business of climate change

Ganfeng Lithium sees surge in battery demand amid China-US energy rivalry

Executives project an ‘explosive growth’ in energy storage, with Chinese firms extending their lead amid AI and data centre demand.

Electric & new energy vehicles

Middle East oil shock jolts EV demand, putting Chinese exports in fast lane

Orders for Chinese NEVs are rising along with footfalls at EV dealerships both at home and overseas, according to Nomura analyst.

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Mainland China

How China’s EV makers think they can outrun disastrous price wars

At Beijing’s urging, an industry largely built on discounting must hold the line on prices and convince buyers to pay for better technology.

Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
Electric & new energy vehicles

BYD’s four-year profit run ends, eyes global markets as next engine of growth

Earnings at China’s EV leader fall short of expectations amid intense domestic competition.

Electric & new energy vehicles

Pain at the pump fuels EV rush in China, driving a timely boost for carmakers

Brent crude above US$110 is pushing mainland buyers away from petrol cars, lifting China’s EV makers despite fading subsidies.

Electric & new energy vehicles

China’s Pony AI to launch robotaxi service in Europe with Uber, local start-up

Partners aim to operate thousands of robotaxis in various European cities over the next few years after starting in Zagreb, Croatia, ‘soon’.

The partners have begun testing in Zagreb, Croatia, using Pony’s Gen-7 system and electric SUVs made by Chinese state-owned carmaker BAIC. Photo: Handout
Automotive industry

VW pulls Skoda brand from China after years of falling sales

Czech brand’s mainland sales declined from 341,000 in 2018 to around 15,000 last year as domestic carmakers’ EVs won market share.

A Skoda Peaq electric car is seen during the opening of a new battery assembly hall at the Skoda factory in Mlada Boleslav in the Czech Republic on February 27, 2026. Photo: AFP
A Skoda Peaq electric car is seen during the opening of a new battery assembly hall at the Skoda factory in Mlada Boleslav in the Czech Republic on February 27, 2026. Photo: AFP
Electric & new energy vehicles

China’s lidar giants pivot to robotics in boost supply chain dominance

Hesai will spend US$28.9 million this year to design and manufacture ‘eyes and muscles’ for robots, creating a new growth engine.

Hong Kong stock market

Memory costs ‘beyond imagination’ hurting smartphone makers: Xiaomi leader

Firms are being drawn into a price-raising cycle that could reshape the industry, executive says as company reports 27 per cent profit drop.

China energy security

China EV makers gain as Iran war drives up fuel costs

Oil supply disruptions and higher fuel prices due to the closure of the Strait of Hormuz have bolstered the outlook for China’s world-leading electric-vehicle makers.

Chinese drivers queue for fuel ahead of record price increases. Photo: EPA
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