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Electric & new energy vehicles

Electric & new energy vehicles
Latest news, in-depth features and opinion on electric & new energy vehicles, with a particular focus on China.
European Commissioner for Trade and Economic Security Maros Sefcovic is expected to ramp up safeguard measures in sectors that are under severe pressure from Chinese overcapacity. Photo: Reuters
China-EU relations

Brussels agrees on tougher China trade policy, as Beijing vows retaliation

Trade chief details why bloc needs to take stronger steps to defend itself from what is described as a new ‘China shock’ to its industries.

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Future of transport

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

BYD

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

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CATL

CATL set to boost global energy storage with world’s largest testing facility

The firm says it has completed a 3 billion yuan research facility for testing energy storage systems.

CATL’s Xiamen Energy Storage Validation Research Institute (ESVL) officially commenced operations on Thursday. Photo: Handout
China manufacturing

China unveils new blueprint that could reshape global EV and AI standards

The plan sets out Beijing’s ambition to define technical rules for next-generation cars.

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SCMP Highlights

Xpeng builds driverless cabs; Tesla launches FSD in China: 7 EV reads

From the oil shock fuelling BEV sales to Chery’s plans to sell 1 million cars abroad, here are seven EV stories you may have missed.

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Hong Kong

Xiaomi out to scalp Musk’s bestselling SUV in China with upgraded, cheaper model

Shares in Xiaomi fell 4.57 per cent to HK$28.4 despite the Beijing tech titan’s confidence over Tesla and its HK$20 billion buyback plan.

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People look at the Xiaomi YU7 new energy (EV) car in a new shopping mall in Beijing. Photo: Simon Song
China exports

As Chinese EV makers expand in Europe, are local suppliers set to benefit?

Rising protectionism in Brussels could support demand for local inputs including batteries, lithium and other raw materials, industry insiders say.

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International Property

Property challenges put Chinese firms’ go-global plans at risk: JLL

Some firms have scrapped investment plans to ‘restart from scratch’ after difficulty securing property, researcher says.

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.

A giant XCMG truck dwarfs other vehicles at the company’s customer festival in Xuzhou, in eastern China’s Jiangsu province, on May 19. Photo: Handout
Mainland China

Zelos looks to Middle East, Southeast Asia to turn a profit on robovan fleet

China’s robovan industry is in a period of consolidation, marked by the merger of Zelos with Cainiao’s autonomous-vehicle unit in January.

After merging with Cainiao’s autonomous vehicle unit in January, Zelos’ fleet of Robovans and other vehicles exceeds 20,000. Photo: Handout
Automotive industry

Does Xpeng’s 33% cut on 6-seat SUV portend a new price war?

The slashed price on the GX model ‘surprised the market’ in a segment carmakers have high hopes for amid slumping EV sales.

Tesla

Tesla’s FSD launch in China heats up competition with domestic EV makers

The long-awaited roll-out received approval from regulators a week after Tesla CEO Elon Musk visited China as part of a US delegation.

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China manufacturing

China’s Chery plans for 1m EVs sold abroad amid global energy crisis

Anhui-based carmaker anticipates 27 per cent increase in foreign deliveries in 2026 as battery ranges improve and oil prices rise.

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Employees work on a factory production line for Chery’s electric vehicles in China’s Anhui province. Photo: Reuters
Social media

Video | Corporate billionaires are China’s newest influencers

EV executives such as Xiaomi’s Lei Jun and NIO’s William Li have live-streamed themselves on road trips featuring their brands’ vehicles.

Corporate billionaires are China’s latest live-streaming influencers
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China-EU relations

Chinese investment in Europe surges to 7-year high despite rising trade tensions

But study warns that new project pipeline appears to be drying up, as Chinese investors face pressure from both Beijing and Brussels.

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Li Auto

China’s Nio slams EV price wars as costs surge, defying cuts by rival Li Auto

Nio and Li Auto take different approach to pricing new models, with one executive praising ‘reasonable’ carmakers that raise prices.

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South Korea

AI | China’s Ganfeng secures orders amid surge in demand for energy storage, AI boom

Company says its orders are booked through the first half of 2027 as it plans to increase production volume by 50 per cent next year.

China’s Ganfeng Lithium says its orders have been booked through the first half of 2027 amid a surge in demand for energy storage systems and a frenzy of investment in AI data centres. Photo: handout
Artificial intelligence

Chinese firm Xpeng builds driverless cabs, challenging Tesla’s FSD software

The EV maker has embarked on mass production of robotaxis using its own chips and plans to trial the tech before the end of the year.

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China manufacturing

China’s old ‘Motown’, Shanghai bets on robotaxis, better batteries to bump GDP

City authorities point at the need to lure foreign firms, while emerging sectors are expected to generate a trillion-yuan boost over the next 5 years.

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Mainland China

Global growth of pure EVs faces hurdles in insurance, charging gaps: BNP Paribas

Charging limits and rising insurance costs could slow the global march of pure electric vehicles, BNP Paribas tells Hong Kong conference.

New electric vehicles are set to be loaded at Shanghai Port on May 9. Photo: AFP
Hong Kong stock market

Li Auto leads retreat in Chinese EV stocks as price cuts raise profit concerns

The renewed pullback in Chinese EV stocks follows a brief rally that was driven by expectations of rising demand for alternative energy.

The flagship L9 Livis on display at the Li Auto booth, at the Beijing International Automotive Exhibition (Auto China), April 24, 2026. Photo: Reuters
Science

China’s northeast, poor in rare earths, scores big find

A new type of deposit in Heilongjiang and Jilin promises easier, cheaper mining than in southern clay-rich areas, say scientists.

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Automotive industry

Peugeot, Jeep take on Chinese rivals with new models using local EV tech

Peugeot and Jeep are following in the footsteps of Hyundai Motor’s Ioniq to regain lost ground in mainland China.

Automotive industry

Chinese EV makers hunt for idled plants in Europe as they expand global influence

BYD, the world’s largest electric car maker, says it is in talks with Stellantis about using European marques’ idled assembly facilities.

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A BYD Sealion 7 on display at the Baltic Motor Show in Riga, Latvia, on April 24. Photo: EPA
US-China relations

Xi-Trump summit: Ford-CATL plant shows how global carmakers need China

Collaboration with Chinese suppliers ‘the only way international carmakers can compete with Chinese carmakers’, Morgan Stanley analyst says.

A view of the Ford BlueOval Battery Park under construction in Marshall, Michigan. Photo: Universal Images Group via Getty Images
Mainland China

Oil shock fuels BEVs to 9 of top 10 in sales, with China brands overtaking Tesla

Battery EVs take nine of top 10 sales spots amid surging oil prices, giving local brands the edge and pushing Tesla down April charts.

Tesla

Tesla lures budget-conscious Chinese buyers ahead of state visit by Trump

US President Donald Trump’s entourage for his three-day trip to China includes Tesla CEO Elon Musk and Tim Cook of Apple.

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