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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.
A CATL battery display at Auto China in Beijing in April. Photo: Reuters
BYD

Price war fallout: China imposes 60-day payment cap for energy storage sector

China enforces stricter payment rules for EV and energy storage batteries in a bid to curb disorder and build a resilient supply chain.

BYD

Chinese EV makers gain traction in South Korea’s import car market

China-EU relations

The secret behind China’s EV boom? Local alliances, not industrial policy: study

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China trade

As China dominates solar and energy sector, fears emerge over EU’s new crackdown

Brussels’ unease over European reliance on Chinese tech sees the bloc impose bans and restrictions, as fears mount on how far it will go.

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At The Smarter E Europe 2026, around 2,800 exhibitors, including 750 Chinese firms, showed how a 24/7 renewable energy supply can be achieved. Photo: handout
Semiconductors

Top China chip toolmakers consolidate to build national champions, defy US curbs

Big Fund-invested Piotech plans to acquire Wuxi Shangji and diversify into wafer-bonding, leveraging a big revenue surge to capture the local tool market.

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IPO

Chinese self-driving firm Momenta eyes US$750m in Hong Kong IPO

Second ‘red-chip’ approved by Beijing for a Hong Kong listing this year aims to invest proceeds in research and development, robotaxi push.

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European Union

Opinion | China isn’t Europe’s real problem

Europe’s future depends less on finding new ways to constrain China than on fixing the limitations Chinese competition has exposed.

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Illustration: Craig Stephens
Automotive industry

China’s heavy trucks are going electric, and abroad, paving the road to net-zero freight

Analysts say low ownership costs and battery gains are fuelling an export boom to regions such as Southeast Asia and Africa, positioning Chinese firms as main engines.

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China-EU relations

As I see it | Europe wants a new Plaza Accord for China – seriously?

Instead of hoping for Beijing to commit economic suicide, it would be more realistic for the EU to strike a mutually acceptable trade deal.

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Automotive industry

EV influx, US rare earth miners blacklisted, China-EU trade talks

This week: Automakers ready to debut 150-plus EVs before year-end, China blacklists US companies including rare earth miners, foreign businesses encouraged to sell shares in China. Next week: Commerce Minister Wang Wentao heads to Brussels, new overseas investment rules take effect, June factory activity data release and more.

Photo: AFP
United States

Outside In | US the ultimate loser as Iran war ushers in global power upheaval

Defeated by asymmetric warfare and spurned by allies, the US has ended up boosting China’s economy and standing instead.

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US President Donald Trump arrives to deliver a speech at the Mack Trucks Lehigh Valley Operations facility in Macungie, Pennsylvania, on June 23. Photo: Getty Images via AFP
Italy

Banking on it: Chinese EVs expand their global footprint

With a boost in global exports offsetting domestic dips, banks forecast significant growth in overseas markets – especially western Europe.

Automotive industry

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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China energy security

China green-energy costs seen undercutting traditional energy as capacity soars

Energy-storage chairman eyes ‘0.1-yuan era’ for equipment as solar and wind projects gradually sideline coal in the nation’s power-generation mix.

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A boy looks at a table demonstrating photovoltaic power generation at the Green Energy Pavilion during the 10th China-South Asia Expo in Kunming, Yunnan province, on June 13. Photo: Xinhua
Future of transport

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

Robin Zeng Yuqun addresses expectations at ‘Summer Davos’ on whether the battery technology would be available in the near future.

Robin Zeng Yuqun, head of the world’s largest electric vehicle (EV) battery maker, CATL, at the World Economic Forum’s Annual Meeting of the New Champions, also known as "Summer Davos", held in Dalian, in northeast China’s Liaoning province. Photo: Weibo
SCMP Highlights

Cost of China’s electric car boom, record-breaking week for sales: 7 EV reads

From how the rise of EVs is creating a headache for authorities to the latest in battery developments, here are seven EV stories you may have missed.

China manufacturing

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

Citi analysts say five largest Chinese-owned groups – SAIC, BYD, Geely, Chery and Leapmotor – have 10.6 per cent share of European market.

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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
CATL

China’s CATL bets big on sodium-ion batteries amid lithium volatility

World’s largest maker of EV batteries invests US$742 million to boost output as it introduces its first sodium-based energy-storage system.

Made in China 2025

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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Mainland China

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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Cars drive along a highway in Beijing. Photo: AFP
China-EU relations

Germany backs EU’s tough China line with call for ‘Plaza Accord’ talks on yuan

European Commission on a mission to craft tools to tackle what the bloc sees as China’s industrial excesses.

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Belgian Prime Minister Bart De Wever (left) and Spanish Prime Minister Pedro Sanchez attend a European Council summit in Brussels, Belgium, on Friday. Photo: EPA
Automotive industry

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.

Mainland China

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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Canadian Prime Minister Mark Carney speaks to US President Donald Trump during the G7 Summit in Evian, France, on Tuesday. Photo: dpa
China-EU relations

EU nations ready to battle ‘China Shock 2.0’ with tough new strategy

Broad coalition of EU members support new trade strategy to prevent China causing European deindustrialisation as key Brussels summit looms.

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French President Emmanuel Macron is calling for a European “Section 301 tool” to prevent Chinese-driven deindustrialisation in the EU. Photo: WPA
Climate change

Opinion | Geopolitics is complicating the green transition – and China’s moment

Governments want to transition to cleaner energy but also cut strategic reliance on China. Balancing these goals will be tricky.

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Geely

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.

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