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TOPIC

Automotive industry

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

China Economy

China cuts US Treasury stockpile, dropping to No 3 spot among foreign holders

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The decline in China’s US Treasury holdings comes amid renewed concerns about whether Beijing will leverage its massive stockpile of American government debt as a bargaining chip in response to the White House’s trade war. Photo: AFP

Trending in China

Chinese man dates 2.2-metre-tall woman despite family ire, couple expecting child

A 1.68-metre-tall man in China is set to marry his pregnant 2.2-metre-tall girlfriend later this year despite his family’s objection to their mismatched heights. Photo: SCMP composite/Douyin

People & Culture

Japan ‘bumping gang’ collides with pedestrians, mostly women, to vent frustrations

A group of Japanese men, known as the “bumping gang”, deliberately collides with pedestrians to release their frustrations. Photo: SCMP composite/Facebook

Science

New strain of bacteria found on China’s Tiangong space station

The microbe was collected during the Shenzhou-15 mission. Photo: CCTV

Science

The Chinese chemists turning science into fortunes

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Chemistry professor Fan Daidi, 59, has created a Hong Kong-listed giant. Photo: Handout
A batch of SAIC MG brand cars are parked next to the Anji Ansheng ship, ready to be loaded. Photo: Xinhua
China exports

World’s biggest car carrier sets sail from China, highlighting export ambitions

With a maximum capacity of 9,500 vehicles, Anji Ansheng is the world’s largest car carrier, beating a record only set late last month.

Electric & new energy vehicles

Chinese EV maker Xpeng launches AI-chip powered P7 to take on Model 3, SU7

Artificial intelligence

China deploys world’s biggest fleet of driverless mining trucks

Electric & new energy vehicles

Chinese carmakers race to develop flying cars after rivalry in EV market

The government forecasts the low-altitude mobility economy will increase more than fivefold to US$486 billion by 2035 from last year.

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Xpeng’s AeroHT conducts a test flight during the Zhuhai Airshow in November 2024. Photo: Xinhua
Japan

Japan’s Nissan to axe 20,000 jobs, shut factories after huge loss

The carmaker’s biggest loss in a quarter of a century has prompted drastic action, including the closure of seven plants.

US-China trade war

Tariff flux leaves Chinese car-parts makers in limbo on global growth plans

The fluid tariff situation makes planning difficult, particularly with regard to offshore investment, S&P analysts say.

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BYD

BYD factory delayed in Brazil to be ‘fully functional’ by end of 2026: official

BYD’s investment in Brazil – its biggest market outside China – aims to turn factory into complex with capacity to make 150,000 EVs a year.

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BYD’s new electric vehicle factory’s construction site in Camacari, Brazil. Photo: Reuters
United States

On Balance | How Trump’s erratic tariffs could crash his US car production goals

While levies may prompt some foreign carmakers to start scaling up US-based production, many see a market plagued by uncertainty and risk.

4
India

India’s EV drive risks stalling as China tightens grip on rare earth exports

Experts have urged India to explore innovative solutions to skirt the curbs, from e-waste recycling to extracting rare earths from oil wells.

Autonomous vehicles

Apollo Go expands robotaxi tests in Hong Kong as it aims for global reach

The Baidu unit has received an updated pilot licence, allowing it to double the number of robotaxis operating in a wider area.

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An Apollo Go robotaxi navigates the road in Wuhan, Hubei province, in July last year. Photo: Coco Feng
IPO

Exclusive | Heavy equipment maker Sany to expand overseas after Hong Kong IPO

Aiming to raise up to US$1.5 billion in its proposed listing, company eyes lucrative overseas sales amid weak demand at home.

Employees work on the assembly line inside a Sany factory in Zhejiang province in April 2023. Photo: Getty Images
Electric & new energy vehicles

BMW, Toyota, Mercedes-Benz recall nearly 70,000 vehicles in China

The large-scale recall follows a series of Chinese measures aimed at improving car safety after an accident involving a Xiaomi EV.

Xiaomi

Xiaomi founder has ‘hardest time’ since fatal crash involving its car

Lei Jun, an active social media user, has been relatively quiet on Weibo after a fatal accident involving a Xiaomi electric vehicle.

5
Electric & new energy vehicles

Chinese EV brands are coming for Hyundai, Kia on their home turf

Success in the Hyundai-dominated country could burnish the image of Chinese-made EVs globally, analysts say.

Visitors walk near electric-car manufacturer BYD’s booth at the Seoul Mobility Show 2025 in Goyang City, Gyeonggi province, South Korea, on April 8, 2025. Photo: Xinhua
US-ally trade wars

Toyota braces for bumpy year in 2025 as tariffs roil carmakers’ profits

Toyota said operating income may come in at ¥3.8 trillion (US$26 billion) for the year ending March 31, 2026, falling far short of analyst expectations.

Chinese workers assemble Toyota SUVs on the assembly line at a plant of FAW-Toyota in Changchun city in northeast China’s Jilin province on February 17th, 2020. Photo: Getty Images.
Electric & new energy vehicles

Tesla China deliveries drop as buyers favour cheaper domestic models

A sales increase in March proves short-lived, as April deliveries by the company’s Shanghai factory plunge nearly 26 per cent.

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Electric & new energy vehicles

Geely Auto offers to buy full control of Zeekr, delist EV unit from NYSE

Take-private offer could cost Geely as much as US$2.24 billion, values the NYSE-listed firm at US$6.5 billion.

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Electric & new energy vehicles

Auto Shanghai: Chinese EV makers post record holiday sales amid Tesla’s no-show

Leapmotor recorded its best-ever one day sales on Monday; Geely Auto saw unprecedented buying spree during ‘golden week’ holiday.

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Visitors at the 21st Shanghai International Automobile Industry Exhibition on April 26, 2025. Photo: Xinhua
IPO

Chery gears up for US$1.5 billion Hong Kong IPO without Wall Street banks

Chery is working with the Hong Kong units of CICC, Huatai Securities and GF Securities as joint sponsors.

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Japan

Toyota ‘doesn’t break down’: why there’s hardly any love for US cars in Japan

Many Japanese admire vintage US cars, but when it comes to new vehicles, they hold more trust in domestic brands.

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Electric & new energy vehicles

Chinese EV industry pits battery swapping technology against ultra-fast charging

The duelling technologies are aimed at soothing consumer anxiety about driving ranges.

Visitors look at a fast-charging battery from CATL. Photo: AP
Mergers & Acquisitions

Japan’s carmakers under pressure to merge as Chinese rivals rise, tariffs bite

The consolidation could be Japan-specific as carmakers elsewhere have already been through that cycle, Man Group’s Stephen Harget says.

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Japan’s car sector is due for consolidation, according to a hedge fund manager. Photo: AP
United States

Trump eases car tariffs burden as Lutnick touts first foreign trade deal

The US Commerce secretary declined to name the country with whom an agreement had been reached, saying it was pending local approval.

4
Artificial intelligence

Pony.ai partners with Tencent to provide robotaxi services on WeChat

With access to more than a billion users on Tencent’s platforms, Pony.ai is set to significantly boost its revenue potential.

Italy

Pirelli sidelines China’s Sinochem over control of the Italian tyremaker

The governance status of the Chinese conglomerate has been downgraded following a request from Italian regulators.

China’s Sinochem owns a 37 per cent stake in Pirelli through its Italian branch Marco Polo International. Photo: Reuters
Electric & new energy vehicles

Tesla’s Semi trucks to roll out from Nevada gigafactory by end of 2025

Company will prepare for high volume production of the electric trucks over the next few quarters, head of the Semi programme Dan Priestly says.

Tesla’s Semi electric truck is unveiled during a presentation in Hawthorn, California, on November 16, 2017. Photo: Reuters
Electric & new energy vehicles

My Take | China’s ambitions in electric vehicles go beyond making lots of cars

To become a powerful car nation, China must lead in smart automotive technologies, China’s former industry minister argues.

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Fame and celebrity

Meet F1 driver Alex Albon, who’s helping Williams recapture its magic

Albon raced in F1 with Toro Rosso and Red Bull in 2019 and 2020, then joined Williams after a year on the sidelines – his glamorous girlfriend Lily Muni He is often seen trackside and on his socials.

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