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China EVs

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An eVTOL vehicle from AutoFlight Group is designed to hover like a helicopter but transition to winged flight for horizontal movement. Photo: Handout
Electric & new energy vehicles

China’s flying car makers aim for deliveries this year as passenger use nears

China’s ‘low-altitude economy’ is shifting from concept demos to commercial planning amid surging orders.

SCMP Highlights

Chinese carmakers eye Western markets, China-EU dispute progress: 7 EV reads

Electric & new energy vehicles

Chinese EV makers’ outlook overseas improves as Europe levels the playing field

HKEX

New energy, AI, EV and biotech to drive Hong Kong IPO growth: HKEX

11 companies raised US$4 billion in Hong Kong in the first three weeks of 2026, with hundreds more lining up to list, Bonnie Chan says.

HKEX will continue to help innovators access capital more efficiently, says Bonnie Chan. Photo: Edmond So
HKEX will continue to help innovators access capital more efficiently, says Bonnie Chan. Photo: Edmond So
Electric & new energy vehicles

Chinese automotive suppliers speed up localisation to boost global market share

International carmakers’ orders from Chinese vendors are an endorsement of the quality and competitiveness of their products, analyst says.

Electric & new energy vehicles

Chinese electric vehicle makers eye Western markets as trade barriers fall

Canada will drop the 100 per cent punitive tariffs on Chinese-made pure electric cars while setting an annual import quota of 49,000 units.

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Electric & new energy vehicles

China’s subsidy change adds to EV makers’ stress, while petrol cars gain

Typical subsidy on an EV drops by around US$1,150, changing buyer calculations and exacerbating the sector’s profitability woes.

Customers check out an EV at a shopping center in Wuhan, in central China’s Hubei province, on January 14, 2026. Photo: Xinhua
Customers check out an EV at a shopping center in Wuhan, in central China’s Hubei province, on January 14, 2026. Photo: Xinhua
Banking & finance

Hong Kong, Shenzhen ‘to deepen’ ties in finance, AI for a world-class tech hub

Post’s China Conference: Greater Bay Area highlights Hong Kong’s role as ‘superconnector’ and ‘super value adder’.

Electric & new energy vehicles

China-EU tariff consensus on EVs will cut shipments but boost profits

Agreement on price floors will allow mainland carmakers to avoid price wars and nurture brand reputation, analysts say.

Electric & new energy vehicles

China’s EV makers face slowdown in export growth after doubling in 2025

Chinese carmakers sold more than 2.6 million units to overseas markets last year, up 104 per cent from a year earlier, association says.

Vehicles await export at Yantai Port in east China’s Shandong province on January 14, 2026. Photo: Xinhua
Electric & new energy vehicles

Xpeng’s flying car unit readies Hong Kong IPO for take-off

Aridge, formerly AeroHT, eyes listing this year as it aims to accelerate its efforts in the low-altitude market, sources say.

videocam
The X2 flying car designed by Xpeng affiliate Aridge is seen at an auto show in Tangerang, Banten, Indonesia, on July 26, 2025. Photo: Shutterstock
The X2 flying car designed by Xpeng affiliate Aridge is seen at an auto show in Tangerang, Banten, Indonesia, on July 26, 2025. Photo: Shutterstock
Hong Kong stock market

Hong Kong stocks rise on tech, health as mainland China turnover hits record

Alibaba Health soars over paediatric drug deal as trading volume on Shanghai and Shenzhen exchanges tops US$513 billion.

Electric & new energy vehicles

China’s Xpeng unveils hybrid SUV boasting world’s longest driving distance

Launch of new G7 edition underscores Xpeng’s go-global push and rising competition with Tesla and BYD.

Electric & new energy vehicles

Shanghai steps up oversight of delayed payment practices hurting suppliers

Task force set up to protect supply-chain vendors and stabilise manufacturing amid fierce price wars.

The move comes after Shanghai published its latest action plan to build a world-class business environment. Photo: AFP
Electric & new energy vehicles

Xiaomi’s refreshed SU7 turns up the heat on Tesla in China’s EV race

Updated SU7 model offers longer range – more than 900km (560 miles) on a single charge – and other advanced features.

A refreshed version of Xiaomi’s SU7 will be launched in April. Photo: AFP
A refreshed version of Xiaomi’s SU7 will be launched in April. Photo: AFP
Electric & new energy vehicles

Tesla hits record sales; China carmakers eye third of global market: 7 EV reads

From automakers doubling down on discounts to Chinese robotaxis in the Middle East, here are seven EV stories you may have missed.

Electric & new energy vehicles

China’s CATL, Nio deepen partnership to develop extended-life EV batteries

Joint effort highlights urgency as industry – including 40 million EV owners – braces for costly replacements.

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Electric & new energy vehicles

Nvidia chooses China’s Hesai for lidar in Hyperion autonomous driving platform

Hesai will supply lidar sensors for Nvidia’s Drive Hyperion, targeting L4 self-driving, as the firm accelerates global expansion.

Hesai, whose clients include premium electric vehicle maker Li Auto and Geely, said it would double its lidar production capacity to 4 million units in 2026. Photo: Getty
Hesai, whose clients include premium electric vehicle maker Li Auto and Geely, said it would double its lidar production capacity to 4 million units in 2026. Photo: Getty
Electric & new energy vehicles

Tesla’s China sales hit record as EV buyers race to beat tax increase

US carmaker’s share of world’s biggest EV market declines to slightly more then 4 per cent amid stern challenge from local rivals.

Electric & new energy vehicles

Weak year-end sales cloud China’s EV outlook, keeping price-war fears alive

A weaker-than-expected year-end rush and falling deliveries at major brands are stoking fears of another price war.

Electric & new energy vehicles

China’s EV sector doubles down on discounts and cheap financing as growth cools

Carmakers are shifting from straight price cuts to subsidised loans and feature-packed models, as China’s EV price war drags on.

Beijing has urged the sector to rein in price wars since July amid deflationary pressures, with even market leader BYD reporting its biggest net profit drop in more than four years. Photo: Xinhua
Mergers & Acquisitions

China’s M&A revival points to deeper investor confidence in growth prospects

Deal value is expected to rise, with strategic transactions and overseas ambitions driving momentum.

Sectors representing Chinese firms’ technology innovation will likely be the main engines of China M&A, including automobile components and life sciences, according to industry experts. Photo: Shutterstock
Sectors representing Chinese firms’ technology innovation will likely be the main engines of China M&A, including automobile components and life sciences, according to industry experts. Photo: Shutterstock
Electric & new energy vehicles

China’s EV makers to corner one-third of global market by 2030, UBS says

Analysts see China’s EV edge enduring, citing overseas profits and supply chain strengths despite tariffs and Western protectionism.

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Autonomous vehicles

How Chinese robotaxi giants are steering Middle East towards a driverless future

WeRide, Baidu and Pony.ai expand operations in the Middle East as UAE promotes clean energy and reduces dependence on oil and gas.

Electric & new energy vehicles

Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook

Buyers who replace their petrol and electric cars with new vehicles will receive a cash subsidy of up to US$2,858 per unit.

A BYD electric car at an exhibition in Shanghai. Buyers of an electric vehicle for replacement purposes would get a subsidy equivalent to 12 per cent of the newly bought car’s price. Photo: AFP
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