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EVs: Geopolitics

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EVs: Geopolitics
Stay updated on China’s booming electric vehicle industry, a key driver of global EV adoption and sustainability efforts.
BYD launches the Atto 2 EV model at an event at Sai Kung’s WM Hotel on Friday. Photo: Edmond So
Electric & new energy vehicles

BYD challenges Tesla with launch of cheaper SUV in Hong Kong

The Atto 2 is priced at HK$169,800 after tax, while the cheapest Tesla Model 3 ‘rear-wheel drive’ starts at HK$249,000 before tax.

China Future Tech briefing

EVs | China’s EV makers look overseas for growth

China trade

Brazil grants BYD exemption from EV tariff hike, but not for as long as sought

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China trade

Brazil weighs BYD tariff break as rivals warn of lay-offs and investment freeze

Chinese EV maker seeks cut while building local plant but other carmakers and regional governors say it could hurt Brazil’s industrial base.

Guests inspect a BYD vehicle on display in Camacari, Brazil on July 1 as the Chinese automaker held a ceremony to mark its first passenger vehicle assembled at its factory there. Photo: Xinhua
Donald Trump

Trump offers surprise support to Musk, as Tesla stock plunges

The US president says he wants the billionaire to ‘THRIVE’, in a startling development after their recent bitter public feud.

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Electric & new energy vehicles

BYD outsells Tesla, BMW in Hong Kong’s right-hand drive EV market

Hong Kong sells fewer than 40,000 cars a year, but mainland carmakers consider it the beachhead for breaking into the global right-hand-drive market.

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Electric & new energy vehicles

China and Europe power 24% growth in global EV sales in June

Sales in China jumped 28 per cent, while Europe’s demand rose 23 per cent to 390,000 units last month, according to Rho Motion.

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Visitors look at a BYD EV at the Bucharest Tech Expo in June. Photo: Xinhua
China Future Tech briefing

EVs | China plugs into next-generation batteries

Sodium-ion and solid-state batteries are emerging technologies for powering electric vehicles and storing electricity. China has made big advances on both.

US-China trade war

US Senate, passing Trump bill, bars energy tax credits for China-linked firms

House of Representatives must still approve legislation, which also ends ‘de minimis’ customs protections, before sending it to White House.

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Electric & new energy vehicles

China’s plug-in hybrid exports spike in wake of EU tariff exemption

Plug-in hybrids are exempt from European Union duties on Chinese electric vehicles. China’s auto giants have been quick to take advantage.

China’s exports of electric vehicles to Europe have surged in recent years, leading the European Union to impose tariffs on Chinese-made EVs in November. Photo: Reuters
China-EU relations

Overcapacity: the economic buzzword fuelling Europe’s clash with China

Some EU officials believe Beijing is trying to distract from what they consider to be serious problems by poking holes in the terminology.

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Illustration: Lau Ka-kuen
Electric & new energy vehicles

Exclusive | SemiDrive to supply cockpit chips in European EVs as Chinese firms go global

‘Striving to be a top global chip supplier, we need to expand from the China market to the global market,’ general manager Eugene Wang says.

Electric & new energy vehicles

How BYD and Chinese peers are transforming Europe’s small EV market

Volkswagen, Renault and other EU stalwarts prepare a slew of smaller, cheaper EVs to fight an influx of Chinese models.

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China-EU relations

A tale of two cities: why views of China differ so much in Barcelona and Prague

The stark contrast between Spain’s wish for close economic ties and Czech suspicion highlights the growing divide within the EU over China.

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Illustration: Lau Ka-kuen
Foxconn

Foxconn expects robust revenue growth from AI despite US tariffs

The world’s largest contract electronics manufacturer plans to enter the US market by the end of this year, chairman Young Liu says.

Foxconn’s headquarters in New Taipei City. Photo: AFP
Electric & new energy vehicles

Renault leverages Shanghai operation for cars aimed at markets outside Europe

Company says Shanghai operation is working on developing models for Ampere and Renault marques for sale outside Europe.

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China-EU relations

Job creator or industry killer? Europe faces Chinese EV investment dilemma

Truck maker Windrose wants to be ‘first of many’ to bring EV ecosystem to Europe, matching Macron’s ambitions for ‘Battery Valley’ in France.

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Electric & new energy vehicles

BYD overtakes Tesla in Europe for the first time as sales jump 169% in April

Shenzhen-based BYD sold 7,231 battery electric vehicles in April versus 7,165 by Tesla, according to data from Jato Dynamics.

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BYD Dolphin Surf EVs are parked at the Chinese carmaker’s event in Berlin, Germany, on Wednesday. Photo: Reuters
China-EU relations

Europe’s clash with China on EVs not ‘existential’, former EU official says

Trump is pushing Europe and China to cooperate more closely despite disagreements, according to former trade negotiator.

Electric & new energy vehicles

Exclusive | Stellantis, Leapmotor near decision on European production

Leapmotor says production costs likely to rise by 10 per cent compared with former Poland plant, but has no plans to raise prices.

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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A worker puts finishing touches to wheels for exports at a factory in Suqian in Jiangsu province. Photo: Getty Images
Electric & new energy vehicles

Chinese EV exports shift to Russia, Middle East amid US, Europe tariffs: report

Growing sales in emerging markets are insulating Chinese EV makers from tariff volatility, AlixPartners says.

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BYD electric cars, bound for South America, are stacked at the Taicang Port in Suzhou in eastern Jiangsu province on April 8, 2025. Photo: AFP
Electric & new energy vehicles

Chinese robotaxi firm Pony.ai eyes global expansion, unveils 3 models

The industry will see wider adoption and a big jump in the number of robotaxis in the next three years, Pony.ai CEO James Peng says.

Business of climate change

China’s energy-storage sector in trouble as price war, tariffs dent outlook

Slower capital spending and weaker prices projected as tariffs set to hit China’s biggest export market for energy-storage systems.

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Electric & new energy vehicles

Chinese EV makers take spotlight as Tesla skips Shanghai Auto Show

Firms including BYD, Nio, Geely, Xiaomi and Leapmotor will showcase new and existing models at the two-week event starting on Wednesday.

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Workers stand by a car being delivered to the National Exhibition and Convention Center ahead of the Shanghai Auto Show in Shanghai on April 22, 2025. Photo: AFP
Electric & new energy vehicles

Chinese EV makers face tariff dilemma as Beijing intervenes in go-global plans

China wants decisions by carmakers to be made strategically, prioritising geopolitically favourable countries, Trivium China’s Ries says.

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Cars ready for export are stacked at the Taicang port in Suzhou, in eastern China’s Jiangsu province. Photo: AFP
Electric & new energy vehicles

EVs | Xpeng eyes Toyota’s Alphard, Europe sales with its X9 electric MPV

More Chinese EV brands will enter the global market in the future, notwithstanding the current tariff turmoil, CEO He Xiaopeng says.

Electric & new energy vehicles

Xpeng CEO says flying car market will be bigger than EVs over next 2 decades

CEO He Xiaopeng believes the global flying car market could reach US$2 trillion in the next two decades, double the size of land vehicles.

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