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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.
The Xianshuiwo photovoltaic power plant in the Yi-Hui-Miao autonomous county of Weining, in southwest China’s guizhou province, is seen on July 3, 2025. Photo: Xinhua
China economy

Opinion | As oil-shocked world turns to renewables, China will reap the rewards

The biggest losers will be the Middle East and the US, as oil becomes less important and doubts grow about US might.

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Autonomous vehicles

China’s Pony AI to launch robotaxi service in Europe with Uber, local start-up

Automotive industry

VW pulls Skoda brand from China after years of falling sales

Mainland China

Video | Will oil shocks trigger a Chinese EV buying spree?

Oil shock from the Iran war might speed up the global EV shift and boost China’s auto industry, analysts say.

Motorists queue to pump gasoline into their vehicle at a gas station in Hanoi on March 10, 2026. Vietnam announced on March 9 it was scrapping tariffs on fuel imports, as the US-Israeli war with Iran disrupts oil supplies and pushes prices to their highest level since 2022. (Photo by Nhac NGUYEN / AFP)
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Robotics

China’s lidar giants pivot to robotics in boost supply chain dominance

Hesai will spend US$28.9 million this year to design and manufacture ‘eyes and muscles’ for robots, creating a new growth engine.

China exports

EVs lead China’s going global push

Chinese electric vehicle (EV) makers, led by BYD and Geely, dominate global sales, and demand may accelerate in 2026 as Middle Eastern instability pushes up fuel costs.

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Hong Kong stock market

Memory costs ‘beyond imagination’ hurting smartphone makers: Xiaomi leader

Firms are being drawn into a price-raising cycle that could reshape the industry, executive says as company reports 27 per cent profit drop.

A man takes a picture of a Xiaomi phone at the Mobile World Congress in Barcelona, Spain, on March 2, 2026. Photo: Reuters
China energy security

China EV makers gain as Iran war drives up fuel costs

Oil supply disruptions and higher fuel prices due to the closure of the Strait of Hormuz have bolstered the outlook for China’s world-leading electric-vehicle makers.

China exports

The Iran war could widen China’s EV lead over its global rivals. Here’s why

The ‘eye-watering’ surge in oil prices may push consumers around the world to switch to electric cars, boosting Chinese brands, analysts say.

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Automotive industry

3 Chinese EV makers raise prices – but demand slowdown could force reversal

Xiaomi, Chery and FAW adjust prices amid surging chip and raw material costs, but analysts say soft sales could undermine gains.

Xiaomi is the latest EV maker to adjust pricing of some models. Photo: Reuters
China-EU relations

China and the Netherlands seek ‘pragmatic’ reset as Nexperia row rolls on

Wang Yi hails ‘positive signals’ from new Dutch minister as US pressure and EU de-risking leave The Hague juggling security and trade interests.

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Chinese-owned Dutch semiconductor company Nexperia has been at the centre of a row between China and the Netherlands. Photo: Reuters
China stock market

Chinese stocks shake laggard image amid oil shock as green transition pays off

China’s push into renewables helps shield its markets from the latest oil turmoil, with analysts pointing to limited downside risks.

Xiaomi

Xiaomi’s new-generation SU7 launch sparks fresh EV fight with Tesla in China

Updated smart sedan debuts with improved safety and smart-driving features, intensifying competition with Tesla and domestic rivals.

Automotive industry

China presses EV makers to end price war and focus on innovation as demand cools

Oversight of China’s industry intensifies, with carmakers urged to move beyond discounts and focus on chips and self-driving systems.

Visitors look at a new-energy sports car at an expo in Tianjin. Photo: Xinhua
China manufacturing

Global EV uptake expected to accelerate as Iran war causes petrol price hikes

With more than half of Chinese new car sales being electric in 2025, the nation could save US$28 billion a year in avoided oil import costs.

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Employees work on an electric vehicle (EV) production line at the Volkswagen Anhui factory in Hefei, Anhui province, China, as the Iran war pushes up petrol prices and global EV uptake is expected to accelerate. Photo: Reuters
SCMP Highlights

Geely speeds to the top, BYD’s quest for faster charging: 7 EV reads

From top Chinese carmakers selling more units overseas to Geely’s upper hand in local market, here are seven EV stories you may have missed.

Mainland China

Leapmotor’s Stellantis tie-up pays off as EV exports jump nearly 400% last year

The Hangzhou-based carmaker exported 67,052 units in 2025, up from 13,726 in 2024, according to an exchange filing.

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Automotive industry

Chinese carmakers step up global expansion using idled foreign facilities

Great Wall Motors, Geely and other Chinese carmakers are using an asset-light strategy to accelerate their growth overseas.

China’s Great Wall Motor is in talks with Mercedes-Benz to share the German carmaker’s factory in East London, South Africa. Photo: Reuters
China property

China mall shuffle: as EVs exit, who’s filling the ground-floor showrooms?

New demand for mall space comes from brands riding fresh trends, including Unitree Robotics, Pop Mart and Lululemon.

Mainland China

Tesla’s 91% February sales jump in China defies overall market slowdown

The US carmaker’s Shanghai Gigafactory delivered nearly 58,600 vehicles last month, with the Model Y topping the sales chart.

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Mainland China

BMW sees smoother road ahead in China after sales skid in 2025

German carmaker reports a solid start to 2026 amid stabilising prices, with new EV model, its ‘most Chinese car’ ever, coming soon.

A Chinese-made version of BMW’s iX3 is set to debut in April. Photo: Handout
CATL

CATL profit jump fuels Hong Kong battery stocks amid global energy storage boom

The company’s strong results and energy storage push spark gains for battery makers listed in Hong Kong and mainland China.

CATL shares surged 9 per cent on Wednesday, following another 9 per cent gain the previous day. Photo: AFP
Geely

Geely beats BYD sales in first 2 months of 2026 to become China’s top carmaker

Geely’s sales rise 1 per cent to 476,327 units in January and February, while BYD’s sales slump 38.5 per cent to 400,241 units.

Automotive industry

Chinese EV maker Nio forecasts surge in deliveries after first quarterly profit

The company’s turnaround highlights resilience in China’s EV market, defying a slowdown that has weighed on most domestic rivals.

China-EU relations

Why the ‘China threat’ was barely mentioned in Germany’s latest state election

Baden-Wurttemberg’s car industry is facing steep job losses amid intense Chinese competition. But local candidates largely avoided blaming China.

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Candidates in the Baden-Wurttemberg state election attend a press conference in Stuttgart after the release of exit polls on March 8. Photo: AFP
US-China trade war

US to counter China’s critical minerals dominance with innovative upgrades

New improvements in recycling electronic waste, refining and processing can close the gap on China, says Department of Energy official.

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Critical minerals have become a point of contention in the US-China relationship, with Beijing dominating the sector. Photo: Reuters
CATL

China’s CATL profit surges 42% as global market share soars to all-time high

Surging demand solidifies CATL’s position as world’s top EV battery manufacturer for ninth consecutive year.

Style Edit

Style Edit: BMW iX3 rewrites the EV rule book on range and sustainability

Based on the carmaker’s Neue Klasse platform, the new model has a sleek design, advanced tech and 805km range, all while cutting emissions.

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