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EnerVenue’s nickel-hydrogen battery facility in Changzhou. Photo: Daniel Ren
ESG investing

Hong Kong tycoon-backed firm challenges energy-storage giants with new battery

Co-founded by Peter Lee’s family office, EnerVenue has opened a facility in mainland China to scale its nickel-hydrogen batteries.

Electric & new energy vehicles

China’s EV and battery makers tussle over lithium-ion tax: sources

Electric & new energy vehicles

Chinese EV battery giant CATL starts trial production in Hungary

CATL

Despite stock stress, CATL set to retain EV battery dominance in China: analysts

CATL’s tech edge and brand safeguard its EV battery lead, though carmakers are seeking alternative suppliers.

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An advertisement for CATL is displayed on Nanjing Road in Shanghai on July 14, following the launch of its new ultra-fast EV battery. Photo: Getty Images
An advertisement for CATL is displayed on Nanjing Road in Shanghai on July 14, following the launch of its new ultra-fast EV battery. Photo: Getty Images
Electric & new energy vehicles

Tesla auditing Chinese suppliers ahead of Optimus roll-out: sources

The supplier audits come as Elon Musk’s firm aims to quickly ramp up production of its Optimus humanoid robot after its release later this year.

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SCMP Highlights

Tesla’s China discounts; Iran war drives shift to electric cars: 7 EV reads

From China’s powerhouse plan for its car industry to Tesla’s rare-earth-free motor, here are seven EV stories you may have missed.

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Automotive industry

Chinese carmakers GAC and FAW eye potential tie-up of their Toyota operations

The planned deal is seen as a precedent for cross-regional consolidation amid China’s efficiency push, analysts say.

An Aion electric SUV from Chinese automaker Guangzhou Automobile Group. Photo: Xinhua
An Aion electric SUV from Chinese automaker Guangzhou Automobile Group. Photo: Xinhua
Electric & new energy vehicles

‘Key pillar’: the 5-year powerhouse plan for China’s car industry

Beijing’s outline calls for boosting domestic market and innovation while controlling capacity to avoid involution effects.

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Business of climate change

Exclusive | Beijing freezes plant approvals for energy-storage batteries

‘Dozens of new projects in the pipeline sparked policymakers’ fears about redundancies,’ analyst says.

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Electric & new energy vehicles

Foreign marques offer steep discounts on petrol cars in cutthroat Chinese market

With more consumers switching to electric vehicles, companies including VW and Toyota are slashing prices on lower-tech offerings.

Workers assemble vehicles on a production line at an FAW-Volkswagen factory in Chengdu, Sichuan province, in December. Photo: VCG/VCG via Getty Images
Electric & new energy vehicles

Over 65% of cars sold in China are now EVs as Iran war drives electric shift

China’s electric vehicle adoption rate has hit yet another record high, as rising fuel prices accelerate the pivot away from petrol cars.

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Traffic is gridlocked during the morning rush hour on a sunny day in Beijing. Photo: Reuters
Traffic is gridlocked during the morning rush hour on a sunny day in Beijing. Photo: Reuters
Business of climate change

‘Misunderstandings’ arise: Chinese energy firms call for stable rules overseas

Sungrow, EVE Energy say bans, probes and shifting rules abroad expose the fragility of their long-term energy investments.

Electric & new energy vehicles

Market squeeze: Tesla revives China price cuts to stem slumping deliveries

The discounts underscore Tesla’s sliding output and fading demand, as analysts warn of intensifying EV price battles.

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Electric & new energy vehicles

Why are EV battery makers’ profits nearly double that of industry’s carmakers?

Leading electric vehicle battery makers’ profits by far outpace the industry’s carmakers in first half.

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An advertisement for CATL is displayed on Nanjing East Road in Shanghai on July 14. Photo: Getty Images
Electric & new energy vehicles

In Focus | China’s EV makers see synergy in their race to beat Tesla in humanoid robotics

Robotics has supply chain synergy with smart EV production because key components like cameras and radar, as well as software, are in both.

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Illustration: Dennis Yip
Illustration: Dennis Yip
Electric & new energy vehicles

Tesla to exhibit Cybercab robotaxi in China: can it spark buzz amid slow sales?

While the company stresses the tour does not signal the vehicle will be sold in China, some observers believe it could still bolster the brand’s position.

Electric & new energy vehicles

Chinese carmaker Chery to begin testing solid-state EV batteries next year

Chairman says it plans to invest US$1.49 billion in the new battery technology over the next two years.

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Electric & new energy vehicles

BYD, Leapmotor buck EV market slowdown as pressure piles up on small rivals

China’s leading EV makers saw sales surge in August, with BYD up 17.8 per cent from last year and Leapmotor up 80.7 per cent.

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A Z Convertible EV from BYD luxury brand Denza at the company’s booth at the Beijing International Automotive Exhibition in Beijing. Photo: Reuters
A Z Convertible EV from BYD luxury brand Denza at the company’s booth at the Beijing International Automotive Exhibition in Beijing. Photo: Reuters
SCMP Highlights

Chinese carmakers eye full hybrid market; BYD posts US$1.2b profit: 7 EV reads

From Tesla recalling 3 million cars in China to carmakers being told to focus on quality, here are seven EV stories you may have missed.

Electric & new energy vehicles

Beijing issues guidelines for Chinese carmakers to curb discount wars overseas

New rules signal push for sustainable expansion as Chinese EV makers pursue long-term gains and influence in global markets.

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Electric & new energy vehicles

Chinese authorities tell carmakers to focus on quality, not tech offerings

Vice-minister says that to ensure safety, new technologies that fail to pass stricter approval procedures will be barred from market.

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The cockpit of a Xiaomi SU7 EV. Photo: Shutterstock
Electric & new energy vehicles

BYD posts US$1.2 billion profit in second quarter on surging global demand

The Chinese EV giant beat market estimates in the second quarter, as booming exports helped offset a prolonged decline in the domestic market.

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Visitors inspect a BYD Atto 2 electric vehicle during the Big Motor Sale 2026 automotive showcase in Bangkok, Thailand, on August 21. Photo: EPA
Visitors inspect a BYD Atto 2 electric vehicle during the Big Motor Sale 2026 automotive showcase in Bangkok, Thailand, on August 21. Photo: EPA
Electric & new energy vehicles

Chinese battery giant CATL spreads investments in search of new growth drivers

World’s largest producer of lithium-ion batteries for EVs and energy storage systems has committed over 17 billion yuan to non-battery deals.

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Electric & new energy vehicles

China’s new traffic safety law set to clarify liability for fully automated cars

Lawmakers are set to establish clear liability standards for self-driving cars, a move that could open the floodgates for next-gen vehicles.

Electric & new energy vehicles

Xpeng lands US$900m in funding for humanoid AI push despite wider quarterly loss

Backers including Alibaba, Tencent and IDG put up a combined US$600 million while Xpeng itself pledges US$200 million.

Xpeng’s humanoid robot Iron stands at the EV maker’s booth during the Auto Shanghai show in Shanghai, April 23, 2025. Photo: Reuters
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