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Automotive industry

Automotive industry
News about the global automotive industry with a focus on developments that matter most for the China market.
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

Uncertainty over CATL lithium mine restart could fuel price volatility: analysts

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

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

Visitors view an autonomous-driving rental car during the 2025 World New Energy Vehicle Congress in Haikou, south China’s Hainan province. Photo: Xinhua
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.

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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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A staff member cleans an electric car inside a Tesla store in Beijing. Photo: Reuters
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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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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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.

Xiaomi unveiled the SkyNomad in July. Photo: AFP
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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Li Shufu, founder of Geely Auto, arrives for a session of the Chinese People’s Political Consultative Conference National Committee in Beijing on March 4. Photo: EPA
Electric & new energy vehicles

China’s PHEVs gain traction in Spain amid EU tariffs, lack of EV charging hubs

Spain is one of the fastest-growing markets for Chinese plug-in hybrid vehicles as customers’ technological expectations shift gears.

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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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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
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.

BYD, China’s leading electric vehicle manufacturer, is integrating karaoke systems into its new premium models. Photo: Xinhua
Electric & new energy vehicles

Switching lanes: who are the eager Chinese buyers of domestic premium EV models?

Younger, professionally diverse Chinese are turning to local brands for technology and qualities once tied to foreign marques.

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Indonesia

Indonesia eyes mass production of home-grown EVs by 2028

Indonesia hopes to have 13 million electric motorcycles and 2 million electric cars on its roads by 2030.

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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
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

Driven off the road: Nio’s German car registrations down 90%

In contrast to its Chinese peers, Nio is struggling in Europe’s largest car market, registering just three cars last month and 18 this year.

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.

A woman uses her phone as she walks past a Tesla store in Beijing on July 31. Photo: Tingshu Wang
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

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.

China-EU relations

What would a German audit for Chinese supply chain dependencies find?

Although many analysts deem the search long overdue, they warn that German leverage would be both hard to implement and short-lived.

Electric & new energy vehicles

Chinese EV sales falter at home as growth slows

Big three Chinese premium vehicle makers’ deliveries decline in July and central bank vows steps to foster economic growth as it hits a four-year low.

Chinese-made MG Cyberster electric vehicles await loading onto a ship for export. Photo: AFP
Electric & new energy vehicles

In Focus | Will new EV batteries fast-charge the global automotive industry?

Amid a fiercely competitive domestic market, China’s battery tech leads in global innovation and cost reduction, promising safer, faster EVs.

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Illustration: Brian Wang
Electric & new energy vehicles

Price war fears grip China’s EV market after woeful July sales figures

Three premium Chinese electric car makers saw sales decline in July, intensifying concerns that the industry is heading for another discount war.

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Electric & new energy vehicles

Why Elon Musk would find it hard to decouple Tesla from China

While the EV maker’s CEO has denied talk of a Tesla-China separation, the reports underscore mounting pressures amid broader US-China tensions.

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