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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. China reveals past EV subsidies, from Tesla to state giants, showing funds shift
China has released a breakdown of the subsidy settlements for new-energy vehicle (NEV) companies from 2016 to 2020, along with the allocation plan for 2021 to 2022, and the data helps illustrate how the industry landscape shifted during those years.
2. Tesla China cuts price of new Model 3 as moment of truth nears

Tesla cut the price of its new, longer-range Model 3 variant by nearly 4 per cent just before deliveries were set to begin, a move set to heighten competition in mainland China’s premium EV segment.
3. China, already world’s new-energy leader, is not taking its foot off the pedal
Despite having the world’s biggest network for charging EVs, coupled with the largest new-energy storage capacity, China is not resting on its laurels.
4. BYD profits fall as mainland China price war swamps EV export surge
China’s EV king BYD reported a 30 per cent drop in profits in the second quarter as surging overseas sales failed to offset the negative impact of a brutal price war in the domestic market.
5. Chinese EV makers’ budget-friendly models power sales in August

Chinese makers of inexpensive EVs maintained their growth momentum in August, as budget-cautious drivers – spooked by lingering deflation – shunned premium models.
6. Tesla upgrades EV voice assistant system with AI from DeepSeek and ByteDance
Tesla is rolling out an upgraded voice assistant system for its EVs in mainland China, adopting artificial intelligence from DeepSeek and ByteDance to better engage with customers in the world’s largest automotive market.
7. Dongfeng Motor to list EV unit in Hong Kong, privatise parent firm
Dongfeng Motor, a major state-owned Chinese carmaker, plans to privatise its Hong Kong-traded unit and list its EV subsidiary as part of a transition towards electrification.


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SCMP Highlights

China’s budget-friendly EVs, Tesla price cuts: 7 EV reads you missed

A production line of the Beijing Electric Vehicle Company in China’s Hebei province shows cars being produced in 2019, when the state-owned manufacturer received more subsidies than other carmakers. Photo: Xinhua

Tesla EVs sit outside a showroom in the southwestern Chinese city of Chongqing, on January 12, 2025. Photo: Getty Images

Leapmotor vehicles are parked outside a showroom in Hangzhou in eastern China’s Zhejiang province. Photo: AP

Chinese EV maker BYD’s profits fall as price war at home swamps surging overseas sales

The BYD Hefei loads electric vehicles for export to Belgium at Suzhou Port in Suzhou, China, on January 11, 2025. Photo: Getty Images

BYD electric vehicles are displayed in Colombo, Sri Lanka, on July 30, 2025. Photo: AFP

Xi calls for India-China reset, top scientist leaves US agency: 5 weekend reads you missed

Chinese President Xi Jinping meets Indian Prime Minister Narendra Modi in Tianjin on Sunday. Photo: Handout via AP

Wang Leyao has joined the Shenzhen Medical Academy of Research and Translation (Smart) as a senior research fellow at the Institute of Human Immunology. Photo: Handout

Chinese President Xi Jinping met with Indian Prime Minister Narendra Modi on Sunday in Tianjin. Photo: Handout

A protester holds a portrait of Indonesian President Prabowo Subianto at a protest on Lombok Island, West Nusa Tenggara, on Saturday. Photo: AFP

US President Donald Trump, seen on Monday, has suffered a setback in his trade war plans, after a court ruled that he could not bypass Congress in applying tariffs. Photo: AP

Supporters of the ruling People’s Action Party gather at a nomination centre in Singapore on April 23 ahead of the May 3 general election. The PAP has ruled Singapore for 66 years. Photo: EPA-EFE

Formula E boss Agag eyes F1-style growth in China, says US has left EV door open

Formula E cars drive by Beijing’s National Stadium during a Formula E Championship race. Photo: Reuters

Alejandro Agag during last year’s Monaco E-Prix in Monte-Carlo. Photo: Getty Images

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From China revealing its past EV subsidies to budget car manufacturers, here are seven EV stories you may have missed


From China revealing its past EV subsidies to budget car manufacturers, here are seven EV stories you may have missed.


China’s budget-friendly EVs, Tesla price cuts: 7 EV reads you missed

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}From China revealing its past EV subsidies to budget car manufacturers, here are seven EV stories you may have missed

1. China reveals past EV subsidies, from Tesla to state giants, showing funds shift

From China revealing its past EV subsidies to budget car manufacturers, here are seven EV stories you may have missed