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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. ‘Full of gunpowder’: price wars of China’s carmakers deepen, draw Beijing’s ire
Beijing has amplified its warnings over cutthroat price wars among carmakers as deflationary pressure persists in the world’s second-largest economy, and economists say a reflation is likely to remain elusive.
2. Xiaomi’s EV unit to become profitable this year, CEO Lei Jun says
Chinese smartphone maker Xiaomi will start making money from its electric-vehicle (EV) venture by the end of this year, according to its founder and CEO Lei Jun, less than two years after rolling its first units off the assembly line, as demand surpassed expectations.
3. China’s Geely hits the brakes on new plant construction globally: Li Shufu

Geely Auto, the mainland’s second-largest carmaker, will not build new plants amid excess capacity worldwide, a move that is likely to ripple across the sector as most Chinese companies are finding it difficult to make profits.
4. How BYD and Chinese peers are transforming Europe’s small EV market
Some of the world’s biggest carmakers are squaring off for a titanic battle over small cars in Europe, as native stalwarts like Volkswagen and Renault fight to maintain their hold on the market against an influx of cheap electric vehicles (EVs) from BYD and its Chinese peers.
5. Chinese lidar maker Hesai zeroes in on Southeast Asia for first overseas plant
China’s Hesai Group, the world’s largest maker of automotive lidar sensors, plans to open its first plant outside the mainland in Southeast Asia next year.
6. EV price war, BYD woes prompt fears of China Evergrande-style crisis
China’s electric vehicle (EV) makers have had a lot to contend with over the past week: slumping shares for market leader BYD, cooling sales and margins and a warning from authorities in Beijing amid a punishing price war.
7. Can this US$7,000 single-seat EV spark a revolution in Japan?

In the rural suburbs of Hiroshima, a Japanese start-up is trying to kick start the nation’s electric vehicle (EV) market with the smallest, cheapest car it can possibly make.


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SCMP Highlights

‘Gunpowder’ price wars, how China’s BYD is transforming Europe’s market: 7 EV reads

Japanese start-up KG Motors has developed a battery-powered one-seater that looks like a futuristic golf cart. Photo: Handout

Workers assemble electric vehicles at a factory in Chongqing, China. Photo: EPA-EFE

Geely cars are assembled at the carmaker’s plant in Guiyang city in southwest China’s Guizhou province. Photo: Xinhua

China’s driverless mining trucks, BYD routs Tesla in Europe, price war worsens: 7 EV reads

A fleet of unmanned trucks developed with Huawei’s autonomous driving solution, seen in Inner Mongolia. Photo: Handout

French President Emmanuel Macron (centre) holds a model of an electric lorry made by Windrose, a Chinese company founded by entrepreneur Wen Han (right), at the Choose France summit in Versailles, France on Monday. Photo: Instagram/whan6023

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

Xpeng’s AeroHT conducts a test flight during the Zhuhai Airshow in November 2024. Photo: Xinhua

The U8L SUV by Yangwang, a luxury brand under Chinese electric vehicle giant BYD, is displayed at the Shanghai Auto Show on April 23, 2025. Photo: Reuters

The Xiaomi YU7 SUV aims to take market share from Tesla’s Model Y. Photo: Xiaomi

Why competition is heating up in China’s sub-US$20,000 EV segment

The BYD Seal 06 can self-park and has voice-activated recognition capability, enhancing its competitiveness in the sub-US$20,000 segment. Photo: AP

Xpeng chairman and CEO Xiaopeng He and brand ambassador Ouyang Nana pose for photos with the Mona M03 Max EV at an event in Beijing on May 28. Photo: AP

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From Xiaomi’s electric car unit’s potential profit to fears of an Evergrande-style collapse, here are seven EV stories you may have missed


From Xiaomi’s electric car unit’s potential profit to fears of an Evergrande-style collapse, here are seven EV stories you may have missed.


‘Gunpowder’ price wars, how China’s BYD is transforming Europe’s market: 7 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 electric car unit’s potential profit to fears of an Evergrande-style collapse, here are seven EV stories you may have missed

1. ‘Full of gunpowder’: price wars of China’s carmakers deepen, draw Beijing’s ire

From Xiaomi’s electric car unit’s potential profit to fears of an Evergrande-style collapse, here are seven EV stories you may have missed