Business /

China EVs

Related Topics:
Electric & new energy vehicles
Automotive industry
Future of transport
BYD
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
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
Hong Kong stock market

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

Electric & new energy vehicles

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

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
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.

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.

Advertisement
Advertisement
Advertisement
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.

The signing represents “a higher level of synergy between the two companies across the whole ecosystem”, according to CATL and Nio. Photo: AFP
The signing represents “a higher level of synergy between the two companies across the whole ecosystem”, according to CATL and Nio. Photo: AFP
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.

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.

BYD electric cars await shipment to Brazil at Taicang Port in Suzhou in China’s eastern Jiangsu province. Photo: AFP
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
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.

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.

7
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.

A WeRide robotaxi in Abu Dhabi on December 7, 2025. Chinese robotaxi developers see the Middle East as one of their starting points for global expansion. Photo: Coco Feng
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
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
Made in China 2025

Chinese firms flock to Dubai free zones to navigate trade barriers, expand reach

JD.com, CNBM, carmakers and hundreds of other Chinese companies use the hub to reach consumers across Asia, Africa and Europe.

Electric & new energy vehicles

China’s oldest carmaker FAW buys US$534 million stake in EV assembler Leapmotor

‘Leapmotor aims to achieve annual deliveries of 4 million units a year in 10 years’ time,’ founder and CEO Zhu Jiangming says.

Advertisement
Advertisement
Advertisement
Electric & new energy vehicles

Dozens of Chinese EV makers under pressure to fold or trim operations: analysts

Grappling with expiring cash subsidies and tax incentives, China’s car market is forecast to see deliveries slump next year.

37
About 50 unprofitable Chinese electric vehicle makers face pressure to scale down their business or wind down operations. Photo: Shutterstock
About 50 unprofitable Chinese electric vehicle makers face pressure to scale down their business or wind down operations. Photo: Shutterstock
Electric & new energy vehicles

Chilean firms partner to form giant company to exploit lithium

Last month China approved the planned partnership between state-owned Codelco and private firm SQM, which features Chinese capital.

Semiconductors

Chinese EV battery giant CATL and Guoxin Micro set up new automotive chip firm

The two companies expect to launch Tongxin Micro Technology as a developer of automotive domain controller chips.

Mergers & Acquisitions

Mercedes-Benz buys US$191 million stake in Chinese autonomous driving developer

The German carmaker obtains a 3 per cent stake in Chongqing Qianli Technology.

The three-pointed star logo of German carmaker Mercedes-Benz. Photo: Getty Images
Electric & new energy vehicles

CATL poised to bring Yichun lithium output back online after licence lapse

With battery costs again under the spotlight, regulators are set to green light CATL’s restart of the Yichun mine in eastern China.

A restart of the Yichun lithium mine could strengthen CATL’s output capacity at a time when carmakers are pushing suppliers to cut costs. Photo: AFP
A restart of the Yichun lithium mine could strengthen CATL’s output capacity at a time when carmakers are pushing suppliers to cut costs. Photo: AFP
Electric & new energy vehicles

Chinese SUV maker Jetour pushes localised offerings to hasten go-global drive

Jetour is already present in more than 100 countries and regions after seven years in operation.

SCMP Highlights

BYD’s big plans in Brazil, Xpeng tries to go global: 7 EV reads

From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.

Electric & new energy vehicles

Luxury EV built with Huawei tops Porsche’s Panamera and BMW’s 7 Series in China

Chinese carmakers gain confidence in the premium segment as Maextro S800 – developed by Huawei and JAC Group – tops sales above US$100,000.

7
The Maextro S800 recorded more than 2,100 deliveries in mainland China last month. Photo: Getty Images
Help preserve 120 years of quality journalism.
SUPPORT NOW