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SCMP

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.
1. Xiaomi market value tops HK$1 trillion amid bullish view on EV business
Xiaomi’s market value breached HK$1 trillion (US$128.4 billion) for the first time after its shares surged to an all-time high, as China’s third-biggest smartphone maker reaps the benefits from its diversification into electric-vehicle (EV) manufacturing.
2. 15 million new Chinese EVs to have self-driving features this year

About 15 million new cars taking to mainland China’s roads – even models priced below 100,000 yuan (US$13,914) – will be fitted with preliminary autonomous-driving technology this year as the cost of the technology declines, according to industry estimates.
3. Electric trucks cheaper than diesel vehicles on long-haul routes: expert
Battery-powered electric trucks driving long-distance routes from Shenzhen are more cost-effective than those powered by diesel fuel, according to an expert from a think tank.
4. China’s EV battery makers are powering past tariffs on a Morocco bypass

An electric vehicle (EV) battery parts maker has become the latest Chinese company to begin production in Morocco to target lucrative European and North American markets, while avoiding punishing Western tariffs.
5. BYD resorts to forex trading strategy to counter yuan’s volatility

BYD, the world’s largest electric vehicle (EV) maker, has earmarked US$5 billion for foreign exchange derivatives trading to reduce risks to its fast-growing global operations from the yuan’s volatility amid rising geopolitical tensions.


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SCMP Highlights

Xiaomi’s HK$1 trillion market value, self-driving features in new Chinese cars: 5 EV reads

Xiaomi founder and CEO Lei Jun unveils the new SU7 Ultra sedan during an event in Beijing on October 29, 2024. Photo: Reuters

An electric vehicle from Xpeng drives itself under the company’s X NGP (Xpeng navigation guided pilot) advanced driver assistance system. Photo: Xpeng

CNGR Advanced Material’s subsidiary has partnered with an African investment firm to produce EV battery products in Morocco. Photo: Handout

BYD delivered 4.27 million pure electric and plug-in hybrid vehicles in 2024, an increase of 41.3 per cent from a year earlier. Photo: Handout

EU tariffs fail to stem flood of Chinese cars, BYD hit by workforce claims: 7 EV reads

BYD electric vehicles form a queue before being loaded onto the Chinese carmaker’s Explorer No 1 carrier for export to Brazil. Photo: China Daily via Reuters

BYD electric cars for export waiting to be loaded on to a ship at a port in Yantai, Shandong province. Photo: AFP

Illustration: Lau Ka-kuen

A record number of new trade disputes between China and other countries were initiated last year, including some targeting China’s heavily saturated new-energy industry. Photo: AFP

Workers for BYD assemble an electric vehicle at the Chinese auto company’s EV factory in Rayong, Thailand, on July 4, 2024. Photo: Reuters

The government has promoted the purchase of e-vehicles through tax concessions and subsidies. Photo: Jelly Tse

A man rides his bike opposite a self-driving taxi in the Daxing district in Beijing, China, September 2, 2024. Photo: EPA-EFE

China’s car dealers face price war, BYD beats Tesla in fourth quarter: 7 EV reads

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

The BYD logo at the Beijing Auto Show. Photo: AFP

EVs sit at a charging station in Beijing on December 26. Photo: Xinhua

China has recalled thousands of Tesla vehicles to resolve observed safety issues. Photo: Reuters

EU tariffs slow Chinese EV exports, Geely looks to expand in Asia: 7 EV reads

BYD electric cars bound for export at a port in Yantai, Shandong province, in April. Photo: AFP

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

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

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China EVs

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China Future Tech

From Xiaomi’s market value surpassing HK$1 trillion to self-driving features in new Chinese cars, here are five EV stories you may have missed


From Xiaomi’s market value surpassing HK$1 trillion to self-driving features in new Chinese cars, here are five EV stories you may have missed.


Electric & new energy vehicles

Self-driving cars and autonomous vehicles

Xiaomi’s HK$1 trillion market value, self-driving features in new Chinese cars: 5 EV reads

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}From Xiaomi’s market value surpassing HK$1 trillion to self-driving features in new Chinese cars, here are five EV stories you may have missed

1. Xiaomi market value tops HK$1 trillion amid bullish view on EV business

From Xiaomi’s market value surpassing HK$1 trillion to self-driving features in new Chinese cars, here are five EV stories you may have missed