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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.
BYD displays one of its luxury models at Auto China in Beijing on April 24. Photo: Reuters
Electric & new energy vehicles

How 156 new car models could trigger a ‘do-or-die’ crisis in China’s EV market

A record wave of launches – mostly EVs – threatens to overwhelm demand, forcing smaller players into a fight for survival.

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Electric & new energy vehicles

Top CATL boss cools expectations over next major leap in EV batteries

Electric & new energy vehicles

Chinese car sales accelerate in Europe as Brussels weighs putting on the brakes

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European Union

Opinion | Europe was happy with the trade rules – until China’s industrial rise

Beijing should not be accused of trade unfairness simply because Chinese companies have become efficient, innovative and globally competitive.

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Illustration: Craig Stephens
Electric & new energy vehicles

China’s EV brands have Europe’s luxury marques in their sights: Zeekr executive

Zeekr vice-president Mars Chen says Chinese carmakers have edge in meeting demand for electric luxury cars.

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Electric & new energy vehicles

The hidden cost of China’s electric car boom: a spiralling roadworks bill

China needs to raise taxes to meet a soaring roadworks bill, as the country’s roads groan under the weight of millions of electric cars.

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Electric & new energy vehicles

Chinese EV makers debut right-hand drive models for Southeast Asian push

Chinese brands, including BYD, Jaecoo and Wuling Motors, captured 17.6 per cent of Indonesia’s car market in the first quarter of 2026.

A view of the show floor at the International Automotive and Supply Chain Expo in Hong Kong on Thursday. Photo: May Tse
Electric & new energy vehicles

Hong Kong emerging as the proving ground for China’s global smart-car ambitions

Chinese carmakers unveiled 14 smart vehicles in Hong Kong as they use the city to gauge overseas demand and refine global expansion plans.

Canada

Trump likes Canada’s Chinese EV deal, Carney says after chat caught on hot mic

The arrangement allows a capped number of electric vehicles from China to be imported at a low-tariff rate.

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Electric & new energy vehicles

Motorsport new arena for Chinese carmakers as Geely and BYD rev up global push

Geely sets sights on China hosting the Superbike World Championship after BYD reveals it is exploring options to enter Formula 1.

The WSBK pits modified versions of road-legal production motorcycles against each other across three classes – WorldSBK, WorldSSP and WorldSPB. Photo: Xinhua
China economy

Opinion | The real danger in Western peddling of the China overcapacity myth

Protectionism will only slow the green energy transition and make the technologies of the future unaffordable for those most in need.

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Wind power generation equipment is ready to be shipped for export at Lianyungang port in China on December 9, 2024. Photo: Getty Images
Electric & new energy vehicles

Geely Auto to curb excess capacity amid overhaul to boost carmaker’s global edge

Company chairman eyes plant mergers and a formal succession road map as the firm rejects price wars to focus on international growth in rivalry with BYD.

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Electric & new energy vehicles

EVs capture two-thirds of China’s car market in record-breaking week

Despite subsidy cuts, electric vehicles reached a new sales milestone in mainland China as petrol-powered rivals continued to lose ground.

China trade

China’s BYD challenges iconic auto giants as hybrid demand surges in Germany

A three-fold jump in BYD’s German registrations highlights shift towards lower-tariff models, as company chairman says ‘the worst is over’.

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A hybrid vehicle is seen at a BYD showroom in Beijing earlier this year. The Chinese company’s hybrid models are selling increasingly well in Germany. Photo: AP
Electric & new energy vehicles

Europe’s bet on Chinese EV joint ventures may be solving yesterday’s problem

Auto veteran Soh Weiming on the EV tech transfer, China’s plateau, and Europe’s chance to catch up.

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Volkswagen electric vehicles are seen in the carmaker’s factory in Zwickau, Germany. Photo: dpa
Electric & new energy vehicles

BYD powers past Geely as oil shock charges up global EV demand

Strong overseas demand for battery-powered cars helped BYD recover from a first-quarter setback and retake pole position.

China-EU relations

Opinion | EU threat of trade war against China is a strategic farce

The EU is mistaken in believing it still has economic leverage. A trade war will not save an economy in decline.

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China-EU relations

Opinion | China’s EV giants are breathing new life into Europe’s ailing car industry

From Chery in Britain to SAIC in Spain, Chinese carmakers are investing in new plants and revitalising old ones as they localise production.

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Illustration: Craig Stephens
Electric & new energy vehicles

Why foreign marques are struggling to keep pace with Chinese EV demand

Domestic brands surge on fresh incentives and better batteries, while foreign carmakers fail to sustain their earlier market share.

Electric & new energy vehicles

China’s BYD, Chery chart 80% growth overseas as EV demand spikes

‘Eye-catching’ numbers show efforts paying off amid growing brand recognition abroad and tepid sales at home, analysts say.

Electric & new energy vehicles

Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror

Tesla’s China sales rebounded in May on financing incentives and stronger demand, but local competitors are gaining momentum.

A Tesla vehicle on display at a Beijing showroom. Deliveries from the carmaker’s Shanghai plant hit a 2026 high in May. Photo: AFP
China-EU relations

China’s SAIC plans to build first EU car plant in Spain’s Galicia

Galicia’s leader Alfonso Rueda said his administration ‌had given the project an initial investment envisaged at around US$232 million.

Alfonso Rueda, president of the regional government of Galicia. Photo: EPA
Electric & new energy vehicles

Chinese EV makers recover in May but competition fierce amid overcapacity woes

Consumer willingness to embrace new tech, along with cash subsidies from local governments, gave the EV sector a much-needed boost.

Electric & new energy vehicles

Premium plan: China’s EV makers pin hopes on higher-margin models

New models from carmakers including Nio and Seres also challenge Tesla’s bestselling Model Y and cars from luxury German marques.

Electric & new energy vehicles

China’s BYD aims for zero accidents with ‘God’s Eye’, vows crash cost coverage

EV giant pushes affordable autonomy with its system, aiming to make self-driving safer and accessible to mass-market consumers.

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A BYD booth at the Beijing Auto Show on April 30. Photo: AFP
Banking & finance

Millions of Chinese consumers ditch their credit cards amid weak retail spending

Banks report there are 120 million fewer active credit cards in China with 687 million customer accounts, a dramatic drop from 2022’s peak.

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Chinese consumers are spending cautiously with 120 million fewer active credit cards users than a peak in 2022 as the nation experiences a slow economy. Photo: AFP
Made in China 2025

China’s machinery giant XCMG eyes bigger scoop of global sales

State-owned firm banks on intelligent manufacturing, green technology, product integration and digital services to boost sales overseas.

Artificial intelligence

Xiaomi is pouring billions into AI to future-proof its hardware empire

Beijing-based firm bets on frontier tech, from topping AI benchmarks to designing chips that rival Apple, to secure its long-term survival.

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