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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 EVs proceed through assembly at a plant in Zhengzhou, in central China’s Henan Province, on November 14, 2025. Photo: Xinhua
Electric & new energy vehicles

Chinese EV makers’ shares skid as sales slide after tax incentive ends

Shares in Hong Kong-listed BYD, Xpeng, Li Auto and Nio plummet as tepid January sales underline pessimistic forecasts for the year.

Electric & new energy vehicles

How Tesla’s AI shift is prompting Chinese rivals to expand tech offerings

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Electric & new energy vehicles

Tesla reports first ever annual revenue decline as China’s EV giants zoom ahead

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European Union

Opinion | On EV targets, Europe should take a page from China’s playbook

To avoid dilemmas associated with grandiose, fixed-date bans, the European Union can embrace China’s approach and pursue an inclusive green agenda.

Workers assemble electric vehicles in Shijiazhuang, Hebei province, on December 24, 2025. Photo: VCG via Getty Images
China-EU relations

‘Mother of all trade deals’: EU pivots to India in historic trade shake-up

Brussels diversifies away from China and US risks, while the pact makes India a more attractive place for European firms to sell vehicles and fuel growth.

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China’s private sector

Partnerships, not plants: Chinese companies rethink overseas expansion strategy

Executives are urging a measured approach as Chinese firms turn to global markets amid intensifying competition at home.

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Electric & new energy vehicles

Xpeng targets overseas sales surge in 2026 as China EV battle goes global

Guangzhou-based EV maker targets more than 90,000 overseas deliveries this year amid fierce competition at home.

Xpeng’s G7, the longest range SUV in the world at 1,704km, is gaining traction with overseas buyers. Photo: Handout
Mainland China

China’s Sinochem ‘has proposed a solution’ to end Pirelli governance dispute

The Italian government is moving to limit Sinochem’s influence over Pirelli in ⁠a bid to ease the tyre maker’s US expansion.

Electric & new energy vehicles

Chinese carmaker BYD chases 24% export growth with new models, more showrooms

Shenzhen-based company expects to sell 1.3 million cars this year outside mainland China.

Electric & new energy vehicles

Xiaomi’s SU7 becomes China’s first Tesla killer, outselling the Model 3

Tesla’s grip on China’s premium sedan segment has loosened, as a bruising price war reshapes the EV landscape.

A Xiaomi SU7 Max is displayed at the entrance of the company’s EV factory in Beijing. Photo: AFP
US-China relations

Trump admin pushes out US official whose unit banned Chinese vehicles

Elizabeth Cannon’s departure comes shortly after the US Commerce Department dropped a plan to restrict Chinese drones.

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Electric cars for export wait to be loaded on a ship at Yantai port in China’s Shandong province in January 2024. Photo: AFP
Electric & new energy vehicles

Major foreign carmakers set to stage a comeback in China this year: analysts

Foreign carmakers ‘will fight back because they will have the same products’ as their Chinese rivals, consultancy head Denis Depoux says.

Electric & new energy vehicles

China’s flying car makers aim for deliveries this year as passenger use nears

China’s ‘low-altitude economy’ is shifting from concept demos to commercial planning amid surging orders.

US-China trade war

Beijing-Ottawa deal reinforces China’s dominance in EV industry, analysts say

New agreement is set to significantly boost Chinese carmakers’ global expansion and offers easier entry into the North American EV market.

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Canadian Prime Minister Mark Carney met Chinese President Xi Jinping in Beijing last Friday, where the pair announced a new strategic partnership that will open Canada up to Chinese electric vehicles. Photo: Reuters
Electric & new energy vehicles

Editorial | China’s EV industry should focus on consolidation at home, expansion abroad

With Beijing discouraging ‘irrational competition’, the fewer brands with greater scale that emerge from the consolidation wave should look to opportunities abroad.

Workers assemble Zeekr models at a plant in Ningbo, Zhejiang province, on April 17, 2025. Photo: AP
Electric & new energy vehicles

Chinese EV makers’ outlook overseas improves as Europe levels the playing field

Europe’s 33 per cent EV sales growth outpaces the mainland in 2025, while Germany launches a US$3.5 billion subsidy programme.

Electric & new energy vehicles

Chinese automotive suppliers speed up localisation to boost global market share

International carmakers’ orders from Chinese vendors are an endorsement of the quality and competitiveness of their products, analyst says.

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China-EU relations

Editorial | China-EU compromise over EVs bodes well for trade and overall ties

With the Trump administration turning aggressive towards allies and foes alike, Beijing and Brussels have more reasons to work together.

Vehicles wait to be loaded onto a carrier at the Taicang Port on January 11, 2025 in Suzhou, Jiangsu province. Photo: VCG via Getty Images
Energy

Opinion | Clean energy works at scale. Now it must be coordinated

The next decade will be defined not only by new clean energy capacity, but by how well grids, storage and demand systems are connected and optimised.

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Electric & new energy vehicles

Chinese electric vehicle makers eye Western markets as trade barriers fall

Canada will drop the 100 per cent punitive tariffs on Chinese-made pure electric cars while setting an annual import quota of 49,000 units.

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US-China relations

Tesla’s defeat, Harvard’s success, Beijing’s shock: 7 US-China relations reads

From China’s EV power to Hegseth’s new threat, here are highlights from the SCMP’s overseas correspondents in the first half of January 2026.

Practitioners perform martial art next to a BYD Sealion 7 electric vehicle at Singapore Motorshow on January 9. Photo: AFP
Electric & new energy vehicles

China’s subsidy change adds to EV makers’ stress, while petrol cars gain

Typical subsidy on an EV drops by around US$1,150, changing buyer calculations and exacerbating the sector’s profitability woes.

Customers check out an EV at a shopping center in Wuhan, in central China’s Hubei province, on January 14, 2026. Photo: Xinhua
Electric & new energy vehicles

China-EU tariff consensus on EVs will cut shipments but boost profits

Agreement on price floors will allow mainland carmakers to avoid price wars and nurture brand reputation, analysts say.

Electric & new energy vehicles

China’s EV makers face slowdown in export growth after doubling in 2025

Chinese carmakers sold more than 2.6 million units to overseas markets last year, up 104 per cent from a year earlier, association says.

Electric & new energy vehicles

Xpeng’s flying car unit readies Hong Kong IPO for take-off

Aridge, formerly AeroHT, eyes listing this year as it aims to accelerate its efforts in the low-altitude market, sources say.

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The X2 flying car designed by Xpeng affiliate Aridge is seen at an auto show in Tangerang, Banten, Indonesia, on July 26, 2025. Photo: Shutterstock
Tesla

Nvidia, Tesla chase same self-driving goal via different paths

Tesla is betting on winning autonomy as a specialist, while Nvidia is positioning itself as an arms dealer, selling tools to the entire industry.

Nvidia CEO Jensen Huang used his speech at CES to extol the virtues of Alpamayo, an open-source AI model designed to speed development of level 4 self-driving cars. Photo: AFP
Electric & new energy vehicles

China’s Xpeng unveils hybrid SUV boasting world’s longest driving distance

Launch of new G7 edition underscores Xpeng’s go-global push and rising competition with Tesla and BYD.

US-China trade war

BYD’s win, Tesla’s defeat, Ford’s pivot: the widening gap in US-China EV markets

From wavering policy to cost gaps, analysts say decades of state backing have given China a decisive edge over US rivals.

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