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Employees work on the assembly line of new energy vehicles at Zero Run’s plant in Jinhua, Zhejiang province. Photo: VCG via Getty Images
Two Sessions 2026

Chinese officials, car executives may discuss capping EV output

As China’s EV industry faces slowing growth, officials may discuss capping output and boosting tech innovation to combat price wars.

Autonomous vehicles

Breakthrough or hype? How WeRide aims to edge rivals in crowded robotaxi field

Electric & new energy vehicles

China’s Geely bets on longer-range, faster-charging tech over fresh EV price war

Electric & new energy vehicles

Low-cost models dominate China EV sales, surpassing Tesla and BYD

Geely’s and Wuling’s sub-100,000 yuan battery EVs ranked first and second in mainland China last year, each selling over 400,000 units.

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Geely’s Xingyuan was the top-selling EV on the mainland last year. Photo: Weibo
Geely’s Xingyuan was the top-selling EV on the mainland last year. Photo: Weibo
Electric & new energy vehicles

China’s EV insurers move towards profitability on higher premiums, AI adoption

Chinese insurers are turning to AI as the technology cuts labour costs and enhances pricing accuracy.

Electric & new energy vehicles

Speed bump ahead: rising battery costs nudge Chinese drivers towards hybrids

Higher lithium prices and the end of incentives are reshaping China’s EV market, with hybrids emerging as a more practical option for many.

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SCMP Highlights

CATL’s sodium-ion breakthrough, Tesla’s AI training centre: 7 EV reads

From China banning carmakers from selling below cost to Chinese brands’ dominance in Brazil, here are seven EV stories you may have missed.

CATL’s new Naxtra battery will be installed in China Changan Automobile Group EVs for winter testing in the Inner Mongolia autonomous region. Photo: Weibo
CATL’s new Naxtra battery will be installed in China Changan Automobile Group EVs for winter testing in the Inner Mongolia autonomous region. Photo: Weibo
Germany

Mercedes to accelerate localisation as China revenue slump hits 2025 profits

Despite a weak outlook, the company unveils a strategy to further localise production in China, introduce AI-based upgrades and launch new models.

Electric & new energy vehicles

Chinese cars now can’t be sold for less than it costs to make them

Regulator bans tactics that result in a net loss per vehicle after a 7 per cent drop in the average car price.

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Electric & new energy vehicles

China’s efforts to control EV price war sees carmakers paying vendors quicker

Only a handful of the nearly 50 mainland China-based EV builders have been able to turn a profit amid the price wars.

An aerial drone photo taken on January 14, 2026, shows domestically produced vehicles for export at Yantai Port in east China’s Shandong Province. Photo: Xinhua
Electric & new energy vehicles

Exclusive | CATL’s new innovation expands EV battery horizons in untapped cold regions

The Chinese giant pulls an ace from its sleeve amid fierce EV competition by bringing sodium-ion batteries to the mass-produced car market.

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CATL in partnership with Changan Automobile unveiled the world’s first mass-production passenger vehicle equipped with Naxtra sodium-ion batteries. The vehicle is set to reach the market by mid-2026. Photo: Handout
CATL in partnership with Changan Automobile unveiled the world’s first mass-production passenger vehicle equipped with Naxtra sodium-ion batteries. The vehicle is set to reach the market by mid-2026. Photo: Handout
Electric & new energy vehicles

Pony AI and Toyota roll out robotaxis in China’s autonomous drive push

Guangzhou-based Pony AI begins output of 1,000 autonomous cabs and targets a 3,000-unit fleet by the end of 2026 as it expands globally.

Electric & new energy vehicles

Chinese EV maker Nio raises US$2.6 billion bet on battery swapping

Company touts 100 million swaps, but fast-charging batteries are eating into the technology’s speed advantage, analyst says.

Electric & new energy vehicles

Tesla launches China AI training centre as self-driving race accelerates

US EV giant opens hub to advance its Full Self-Driving software, as Chinese carmakers step up their own L3 autonomous driving plans.

The AI training centre’s launch marks a significant step towards commercialising Tesla’s Full Self-Driving navigation software in mainland China. Photo: Reuters
Electric & new energy vehicles

Why CATL’s sodium-ion breakthrough could be a game changer for China’s EV market

The Naxtra battery, more price-stable and cold-resistant than the lithium-ion units now powering most EVs, will undergo its first tests this week.

CATL’s new Naxtra battery will be installed in China Changan Automobile Group EVs this week for winter testing in the Inner Mongolia autonomous region. Photo: Weibo
CATL’s new Naxtra battery will be installed in China Changan Automobile Group EVs this week for winter testing in the Inner Mongolia autonomous region. Photo: Weibo
Electric & new energy vehicles

China’s turbocharged EV market hits a speed bump amid falling sales

After years at full throttle, China’s EV sector is slowing sharply, with sales sliding in January as tax breaks fade and costs rise.

Electric & new energy vehicles

China’s first ‘Tesla killer’, flying car makers eye lift-off date: 7 EV reads

From analysis on Beijing-Ottawa tariff deal to foreign carmakers set to stage China comeback, here are seven EV stories you may have missed.

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Electric & new energy vehicles

Tesla, Xiaomi vie for Chinese EV buyers with cheaper, longer loans

Low interest rates and seven-year payback periods replace price discounts while EV sales drop and materials costs rise.

A potential buyer discusses a Tesla YL with a staff member in a showroom in Beijing on February 3, 2026. Photo: AFP
A potential buyer discusses a Tesla YL with a staff member in a showroom in Beijing on February 3, 2026. Photo: AFP
Electric & new energy vehicles

Chinese EV makers’ shares skid as sales slide after tax incentive ends

Shares in Hong Kong-listed BYD, Xpeng, Li Auto and Nio plummet as tepid January sales underline pessimistic forecasts for the year.

Electric & new energy vehicles

How Tesla’s AI shift is prompting Chinese rivals to expand tech offerings

As Tesla diversifies into humanoid robots and self-driving cars, its Chinese competitors are also moving into flying cars, robots and chips.

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Electric & new energy vehicles

Tesla reports first ever annual revenue decline as China’s EV giants zoom ahead

Tesla’s vehicle production fell 7 per cent year on year in 2025, as Elon Musk signals company will pivot to humanoid robots.

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Tesla CEO Elon Musk speaks during a panel discussion at the World Economic Forum (WEF), in Davos, Switzerland. Tesla has reported that its annual revenues declined for the first time in the company’s history in 2025. Photo: EPA
China’s private sector

Partnerships, not plants: Chinese companies rethink overseas expansion strategy

Executives are urging a measured approach as Chinese firms turn to global markets amid intensifying competition at home.

Brian Gu, vice chairman and co-president of Xpeng. Photo: Li Cao
Brian Gu, vice chairman and co-president of Xpeng. Photo: Li Cao
China manufacturing

Over 70% of European firms in China review supply chain strategies: survey

The findings show how European firms must maintain a delicate balancing act between China’s tight security and focus on self-reliance.

Electric & new energy vehicles

Xpeng targets overseas sales surge in 2026 as China EV battle goes global

Guangzhou-based EV maker targets more than 90,000 overseas deliveries this year amid fierce competition at home.

Electric & new energy vehicles

Chinese carmaker BYD chases 24% export growth with new models, more showrooms

Shenzhen-based company expects to sell 1.3 million cars this year outside mainland China.

Cars unloaded from the ship BYD Changzhou await further movement at a port in Argentina on January 19, 2026. Photo: AFP
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