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China EVs
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BYD
Electric & new energy vehicles
BYD challenges Tesla with launch of cheaper SUV in Hong Kong
The Atto 2 is priced at HK$169,800 after tax, while the cheapest Tesla Model 3 ‘rear-wheel drive’ starts at HK$249,000 before tax.
23 minutes ago
Electric & new energy vehicles
Chinese vehicle makers scale back EV discounts on Beijing’s orders
8 Aug 2025 - 10:06AM
SCMP Highlights
BYD’s lead in Sri Lanka, Tesla’s comeback bid in China: 7 EV reads
6 Aug 2025 - 3:00PM
Electric & new energy vehicles
Tesla shipments slip from China factory as drivers choose domestic EVs
Shanghai plant loses momentum one month after an increase in deliveries halted an eight-month decline.
5 Aug 2025 - 8:23PM
Tesla’s Gigafactory in Shanghai, pictured on September 26, 2023. Photo: Xinhua
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.
3 Aug 2025 - 1:00PM
Electric & new energy vehicles
China EV war: Tesla, Nio and Li Auto target mainland families with premium SUVs
Rich households are willing to pay a premium to own bigger, higher-performance and longer-range cars for their travel needs, analyst says.
6 Aug 2025 - 12:44PM
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China trade
Brazil grants BYD exemption from EV tariff hike, but not for as long as sought
Regulators compromise after other carmakers push back, saying the break would unfairly advantage BYD and might threaten up to 50,000 jobs.
1 Aug 2025 - 3:03AM
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An exhibition area of BYD’s production base in Camacari, Brazil on July 1, when the company held a ceremony marking its first Brazil-made passenger vehicle at its factory there . Photo: Xinhua
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.
31 Jul 2025 - 3:37AM
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.
31 Jul 2025 - 3:31PM
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.
30 Jul 2025 - 8:06AM
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.
29 Jul 2025 - 7:30AM
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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.
27 Jul 2025 - 5:59PM
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.
27 Jul 2025 - 2:00PM
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.
25 Jul 2025 - 1:55AM
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.
24 Jul 2025 - 3:03PM
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.
6 Aug 2025 - 12:45PM
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.
22 Jul 2025 - 10:23PM
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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.
21 Jul 2025 - 7:30PM
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.
20 Jul 2025 - 11:00AM
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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.
18 Jul 2025 - 5:30PM
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.
18 Jul 2025 - 7:30AM
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.
16 Jul 2025 - 12:21PM
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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.
14 Jul 2025 - 8:59PM
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.
14 Jul 2025 - 4:58PM
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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.
14 Jul 2025 - 6:01PM
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