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
CATL has a global market share of roughly 37 per cent in EV batteries. Photo: Reuters
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

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Electric & new energy vehicles

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

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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Robots weld bodyshells of cars at Li Auto’s plant in Changzhou, in eastern Jiangsu province. Photo: Xinhua
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.

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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.

Electric & new energy vehicles

Indonesia gives tax incentives to EV makers including China’s BYD, GAC Aion

The carmakers, which are building factories in Indonesia, will enjoy an exemption on import taxes and a break on luxury taxes.

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Workers assemble an EV inside BYD’s first EV factory in Southeast Asia, in Rayong, Thailand, on July 4, 2024. Photo: Reuters
Electric & new energy vehicles

Can Chinese electric trucks overcome global tariffs to dominate the market?

Fleets of electric trucks from China have been growing internationally even as Western countries target the country’s EVs with sanctions.

Employees of Chinese electric truck start-up Windrose assemble vehicles at a factory in Suzhou, in eastern Jiangsu province. Photo: AFP
Electric & new energy vehicles

Chinese EV maker Nio takes aim at BMW, Audi with new luxury sedan

The ET9, which Nio expects to start delivering in March, is priced at 800,000 yuan (US$110,080) in presale.

Electric & new energy vehicles

Chinese EV maker Jiyue to cut operations in bid to stay in brutal race

Some projects will be scrapped and some business units merged in an ‘all-out’ effort towards ‘rebirth’, CEO says.

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Hong Kong transport

Singapore’s Tada launches in Hong Kong, driving fresh competition with Uber

Ride-hailing operator arrives ahead of government plan to regulate services next year.

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Tada will allow customers to pay by cash or credit card in its beta launch covering Hong Kong Island, Kowloon and the airport. Photo: Tada
Electric & new energy vehicles

China’s CATL, Stellantis to build US$4.3 billion EV battery plant in Spain

Joint venture received support from the Spanish government, which abstained in the EU’s October vote to impose extra tariffs on Chinese-made EVs.

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An aerial view of CATL headquarters in Ningde in eastern Fujian province on November 15, 2024. Photo: AFP
Electric & new energy vehicles

Chinese EV start-up Hozon eyes exports to ride out price war

The Shanghai-based EV maker aims to sell 50 per cent of its cars overseas by 2026 and turn a profit the same year, founder Fang Yunzhou says.

Electric & new energy vehicles

EV test drive: Xpeng P7+ offers luxury, space, AI driving assistance

The Guangzhou-based company’s fast-selling new model has ample creature comforts and a smoother self-driving experience than its forebears.

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Business of climate change

Hong Kong’s status as aviation, maritime hub faces green fuel challenge

Hong Kong has to act fast if it wants to become a green fuel hub for the aviation and maritime sectors, as both Singapore and China are way ahead, analysts say.

Illustration by Henry Wong
Business of climate change

Hong Kong bus firms need urgent help to buy zero-emission fleets: think tank

Companies face nearly US$770 million in spending they cannot handle without business model changes, says government-commissioned report.

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Electric & new energy vehicles

Chinese carmaker GAC doubles down on Hong Kong appetite for EVs

The state-owned carmaker is ‘very optimistic’ about sales growth in the city as it introduces an SUV model with gull-wing doors.

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Hong Kong economy

Should Hong Kong allow EV drivers to play films, other videos on main screen?

Observers urge government to clearly define rules for what can be displayed on monitors used by EV drivers, as legal amendment looms.

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A legal change could allow content unrelated to driving, such as videos, to be shown on the visual display unit in front of the driver’s seat. Photo: Shutterstock
Asia travel

6 cable car rides that will take you to new heights, from Japan to Singapore

Cable cars are becoming popular globally, offering sustainable urban transport alternatives – explore these thrilling rides in Asia.

The Singapore Cable Car at Mount Faber. Photo: Getty Images
Hong Kong transport

Hong Kong set to ease electric vehicle rules to allow use of mobiles for parking

Government plans to amend law to also allow vehicles to display non-driving-related information to motorists.

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Electric & new energy vehicles

Chinese lidar maker Hesai adamant about global push amid EV tariffs

Producer of sensors for self-driving cars is assessing investment plans as it envisions ‘footprints across the globe’, CFO says.

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Science

China’s 1,000km/h ‘hyperloop’ trains will support 5G: study

World’s largest research base for vacuum-tube maglev trains has started high-speed propulsion tests on full-scale prototype vehicles.

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Scientists have developed a way to allow smartphone use on China’s new generation of high-speed maglev trains that could travel faster than commercial airliners. Photo: Shutterstock
Electric & new energy vehicles

Xiaomi SU7: an electric car that’s more than just a fanboy effect

Xiaomi has found runaway success with the SU7, but some have said the company could have done more to create its own look.

It is possible to sync more than 1,000 Xiaomi products with the SU7. And in the case of a Xiaomi phone, drivers can mirror it completely on the car’s screen and use apps. Photo: AFP
Electric & new energy vehicles

Renault goes on China hiring spree to bolster EV push at home

‘We are there to learn and we will integrate this knowledge into our own teams,’ in France, an officer says.

China trade

China’s logistical dream: Beijing has a new plan to counter supply-chain threats

Efficiency is key as logistical revamp seeks to shore up manufacturing industries, including a digital transformation and new economic hubs.

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