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China EVs

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Electric & new energy vehicles
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BYD
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

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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Electric & new energy vehicles

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

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Electric & new energy vehicles

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

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

CATL debuts e-commerce hub for direct sales to small buyers as rivalry sharpens

The platform allows for direct online sales to smaller energy storage buyers.

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Electric & new energy vehicles

After gaining EV sway, Chinese carmakers eye full hybrid market

Chinese EV leaders are pushing into full-hybrid tech to challenge industry titans on mainland and abroad.

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Electric & new energy vehicles

Parts shortage piles pressure on Chinese carmakers racing to boost intelligence

Smart vehicle makers scramble for key parts PCBs and MLCCs as AI demand soaks up supply, leaving margins under siege.

Printed circuit boards are inspected at a factory in Dongguan, Guangdong province, China. Photo: Reuters
Printed circuit boards are inspected at a factory in Dongguan, Guangdong province, China. Photo: Reuters
Electric & new energy vehicles

Tesla forced to recall record 3 million cars in China over door-handle issue

Xiaomi, a domestic rival to Tesla, is also recalling 400,000 vehicles, as China moves to ban retractable door handles over safety concerns.

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Electric & new energy vehicles

Growth driver: Hesai bets on lidar boom amid surge of smart cars in China

World’s largest maker of lidar sensors signals ambitions beyond the supply chain, repositioning itself as a top tech firm.

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SCMP Highlights

Why US may be open to affordable Chinese cars; in-vehicle karaoke: 7 EV reads

From Tesla facing uphill battle against Chinese standards to SAIC and GM tie-up plans, here are seven EV stories you may have missed.

Cars for export including BYD, Cherry and SAIC models, are seen at the Shanghai port on August 7, 2026. Photo: CN-STR/AFP
Electric & new energy vehicles

Chinese robotaxi firms see reduced red tape in Europe as deployment picks up

Europe embraces self-driving technology, opening up further opportunities for Chinese companies to expand overseas fleet, says Pony AI CEO.

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A Pony AI robotaxi on an exhibition stand during the 2026 Auto China show in Beijing. Photo: dpa
A Pony AI robotaxi on an exhibition stand during the 2026 Auto China show in Beijing. Photo: dpa
Electric & new energy vehicles

Xiaomi ‘in no rush’ to turn vast AI spending into profits despite earnings slump

The Chinese tech firm has seen its net profits decline for three consecutive quarters, as it rapidly ramps up AI-related R&D spending.

Electric & new energy vehicles

Geely’s Li Shufu hands over reins to younger generation for ‘healthy’ growth

China’s second-largest carmaker names new chairman and CEO in planned succession, as profit drops despite record revenue and export surge.

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China exports

Job losses mount at German carmakers as China challenge grows

Automotive industry shed more than 40,000 jobs – 5.8 per cent of its workforce – in first half of year, statistical office says.

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An Opel employee works on its Astra passenger car assembly line in Ruesselsheim, Germany, in June. Photo: AFP
Electric & new energy vehicles

China’s self-driving push gears up in Europe as Momenta, Pony.ai expand

Deutsche Bank raises its price target for Momenta while Pony.ai widens partnership with Uber to accelerate autonomous-vehicle roll-out in European cities.

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Momenta has received Germany-wide Level 4 testing approval from the Kraftfahrt-Bundesamt, one of the world’s most rigorous vehicle safety authorities. The approval marks a significant milestone in Momenta’s growth in Europe. Photo: handout
Momenta has received Germany-wide Level 4 testing approval from the Kraftfahrt-Bundesamt, one of the world’s most rigorous vehicle safety authorities. The approval marks a significant milestone in Momenta’s growth in Europe. Photo: handout
Electric & new energy vehicles

Karaoke in the car? China’s new wave of gadget-laden electric vehicles

China’s carmakers are competing to turn their vehicles into digital entertainment hubs, offering everything from film projectors to VR features.

China trade

China’s Central Asia push

China has become Central Asia’s top trading partner, with two-way trade surpassing US$100 billion last year on the back of increased oil and gas imports.

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Electric & new energy vehicles

Chinese carmakers could capture 15% to 30% of European market by 2035: analysts

‘Made in Europe’ requirement in EU’s proposed Industrial Accelerator Act cited as key factor in lowest growth forecast.

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Cars destined for export await loading onto BYD’s Shenzhen car carrier at the port in Suzhou, Jiangsu province, in April. Photo: AFP
Cars destined for export await loading onto BYD’s Shenzhen car carrier at the port in Suzhou, Jiangsu province, in April. Photo: AFP
Electric & new energy vehicles

China’s EV sales keep sliding as incentives fade and price war seen heating up

A seven-month domestic downturn contrasts with a 147.8 per cent jump in overseas shipments, highlighting a widening gap between domestic and export markets.

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Electric & new energy vehicles

Tesla faces uphill battle against Beijing’s new standards for self-driving cars

Data regulation is a key issue facing the US electric vehicle giant in China, according to experts.

Electric & new energy vehicles

Can CATL’s milestone push flying cars closer to a commercial reality in China?

World’s top EV battery maker says aviation pack is ready for mass production after clearing a major safety test.

CATL’s subsidiary Autoflight, a drone maker, launched a waterborne vertiport to support the electric vertical take-off and landing (eVTOL) sector in November. Photo: Handout
Electric & new energy vehicles

Demand for affordable EVs will force open US market to Chinese models: analysts

The pressure is likely to mount after consumers in the two neighbouring markets of Mexico and Canada adopt Chinese EVs.

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Cars for export including BYD, Cherry and SAIC models, are seen at Shanghai port in Shanghai on August 7, 2026. Photo: CN-STR/AFP
Cars for export including BYD, Cherry and SAIC models, are seen at Shanghai port in Shanghai on August 7, 2026. Photo: CN-STR/AFP
Electric & new energy vehicles

How recharged SAIC and GM tie-up plans to catch up with top EV makers in China

Renewed partnership aims to roll out 30 EVs by 2030, pairing China’s supply chain muscle with GM’s global reach and loyal base.

SCMP Highlights

BYD’s first humanoid robots; world’s biggest buyer of Chinese cars: 7 EV reads

From a Chinese vessel logging a record shipment to BYD’s humanoid robots debut, here are seven EV stories you may have missed.

Electric & new energy vehicles

Europe’s new EV power struggle sees Chinese giants seize record market share

Leading Chinese carmakers and an aggressive Tesla together command more than 13% of western Europe’s surging EV market.

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BYD Dolphin Surf electric cars are parked in front of a BYD vehicle presentation in Berlin, Germany. Photo: Reuters
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