TOPIC

Future of transport

Future of transport
From electric cars to on-demand car service apps, companies like Uber, Google and Didi Dache are changing the way we get from place to place, and having a potentially irreversible effect on employment in this key sector.
last updated:
9 September, 2024
A worker refuels a passenger jet at Stuttgart Airport on February 1, 2023. Photo: Getty Images
Business of climate change

Hong Kong should learn from EU missteps with sustainable jet fuel: Cathay Pacific

City must take care setting usage targets and provide airlines with assurance of carbon-reduction benefits, forum speakers say.

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Business of climate change

Hong Kong and Singapore firms tie up to decarbonise shipping sector

Hong Kong economy

Opinion | How Hong Kong International Airport will reach new heights

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Business of climate change

Citybus owner Hans Group makes deal to fuel hydrogen-powered buses in Hong Kong

Hans Group, Citybus and Grand Resource Hydrogen signed a supply agreement on Wednesday.

From left, Yang Dong, CEO of Hans Group; He Wen Zhong, chairman of Grand Resource Hydrogen; and Richard Hall, managing director of Citybus. Photo: Sun Yeung
Electric & new energy vehicles

China’s WeRide starts third European self-driving trial in Switzerland

Company is stepping up efforts in Southeast Asia, the Middle East, Europe, Japan and South Korea, CEO Tony Han says.

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Style Edit

Style Edit: BMW’s next gen X3 SUV redefines the premium mid-size category

The 3 new models feature sleek design, classic BMW touches and innovative features.

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China manufacturing

China EV giant BYD hits skids in Brazil as ‘slavery-like’ claims slam workforce

China’s labour practices are driving a wedge between the world’s biggest EV maker and efforts to expand globally in areas where employee protections are paramount.

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Illustration: Lau Ka-kuen
Science

New discoveries raise China’s lithium reserves to second largest in the world

Recent finds, including a massive deposit in Tibet, will help meet demand for metal, which is key for EV batteries and other technologies.

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Electric & new energy vehicles

Beijing renews EV subsidy to spur sales, keeps size of incentive unchanged

NDRC says buyers of electric cars for replacement purposes would receive US$2,728 this year.

Electric & new energy vehicles

China’s discount war rolls on after 227 EV models slashed prices in 2024

Industry embarks on a new round of price competition that is likely to edge out more underachieving players in 2025.

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EVs sit at a charging station in Beijing on December 26, 2024. Photo: Xinhua
Electric & new energy vehicles

China’s 30,000 car dealers face bleak 2025 as price war, e-commerce crimp margins

Despite a 4.7 per cent rise in nationwide car sales, some 4,000 dealerships have closed due to a financial squeeze.

People walk past various Chinese-made electric cars for sale inside a shopping centre in Beijing on January 9, 2024. Photo: AP
Autonomous vehicles

Chinese autonomous-driving tech firm Pony.ai eyes robotaxi services in Hong Kong

Pony.ai is seeking to initially provide ‘robotaxi commuting services’ for Hong Kong International Airport staff.

Electric & new energy vehicles

BYD’s fourth-quarter EV output beats Tesla as world’s No 1

In the fourth quarter, BYD beat Tesla by more than 20 per cent in terms of deliveries.

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China technology

Nowhere to go but up: China’s farming drones take root as industry grows

Though some overseas governments are sceptical, China’s agricultural drones are blanketing countrysides as farmers begin to automate.

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Drones are being used with greater frequency in China for agricultural purposes, providing a new route for meeting major economic targets. Photo: Xinhua
China manufacturing

China recalls cars from Tesla, Trumpchi as safety issues emerge

Elon Musk’s company was the hardest hit in a high-profile round of recalls for auto manufacturers producing or importing to China.

China has recalled thousands of Tesla vehicles to resolve observed safety issues. Photo: Xinhua
Electric & new energy vehicles

China mandates 30% EVs in government fleets in boost for carmakers, net zero

The finance ministry circular on EV purchases was preceded by a similar notice from a central government procurement agency in October.

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Hong Kong tourism

Hong Kong’s premium taxi fleets could be in line for quality service logo

Chief of Quality Tourism Services Association says another aim for 2025 is to promote ‘Halal-friendly’ accreditation among local restaurants.

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Electric & new energy vehicles

Prices slashed again in China’s EV sector, threatening unprofitable carmakers

An anticipated sales decline after a subsidy expires is expected to exacerbate the financial squeeze that is throttling smaller players.

BYD EVs at a plant in Rayong, Thailand. Photo: Reuters
IPO

World’s largest EV battery maker plans Hong Kong IPO to fund global growth

The Shenzhen-listed battery maker’s share issuance plan is pending approval from regulators and shareholders.

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Electric & new energy vehicles

China’s CATL launches EV chassis that can withstand high-speed crash

Avatr, Changan Auto and Huawei will be the first to use the chassis, which has a battery capable of running for about 1,000km.

Hong Kong transport

Hong Kong may drop plan to use hydrogen-powered light rail trains: lawmakers

MTR Corp faces double whammy of restrictive safety rules and need to adapt light rail platforms, pair of lawmakers say.

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The hydrogen-powered train used in a test run. Photo: Handout
Electric & new energy vehicles

EV maker Nio unveils Firefly branded cars to take on Mini Cooper and Smart

The launch is an advancement in Nio’s drive into international markets.

Nio CEO William Li introduces its Firefly brand. Photo: Handout
Electric & new energy vehicles

China’s car parts, software industry to hit US$356 billion by 2030

Market for car parts and software is likely to grow at an annualised pace of 28.8 per cent between 2026 and 2030.

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Artificial intelligence

From autonomous driving to GenAI: TuSimple shifts gears as founders quarrel

Once a rising star in autonomous driving, TuSimple has announced a rebranding as it pursues AI-generated video content after ousting its CEO.

Electric & new energy vehicles

Exclusive | China’s EV champion Geely bets on tech edge to expand in Asia, EU

In an interview with the Post, Geely CEO Gui Shengyue discusses the company’s overseas strategy and EU tariffs.

Geely’s Robocar Jiyue 01 is displayed at the Beijing Auto Show on April 29, 2024. Photo: AFP
Electric & new energy vehicles

CATL to build 1,000 EV battery swap stations in China to ease range anxiety

Ten new EV models using the battery swap technology will be developed by CATL and its partners such as Changan Auto and FAW Group, chairman says.

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Robin Zeng, CEO of EV battery maker CATL, greets a guest after a launch event for the next generation of swap stations in Xiamen, Fujian province on December 18, 2024. AP Photo
Electric & new energy vehicles

Geely banks on profits from petrol cars as EVs inflict losses on rivals

‘As a carmaker, you will lose a profit growth engine if you do not make petrol cars,’ CEO Gui Shengyue says in interview.

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Malaysia

Proton’s new EV challenges BYD and Tesla in Malaysia’s growing market

Proton hopes the launch positions the Malaysian carmaker as a leader in the region’s burgeoning EV market, dominated by Tesla and Chinese brands.

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