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A Tesla Cybercab displayed at the China International Import Expo in Shanghai. Photo: EPA
Electric & new energy vehicles

Tesla and global carmakers race against Chinese EV rivals at expo

At CIIE, global brands like Tesla and Volkswagen are under pressure to win back market share from local competitors.

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Mergers & Acquisitions

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

Electric & new energy vehicles

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

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.

Jetour International president Ke Chuandeng speaks at a fan gathering in Abu Dhabi on December 20,2025. Photo: Handout
Jetour International president Ke Chuandeng speaks at a fan gathering in Abu Dhabi on December 20,2025. Photo: Handout
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.

Banking & finance

Global firms turn to M&A in EVs and biotech to deepen China investment: KPMG

Survey of multinational corporations finds optimism in life sciences, healthcare and manufacturing, with half forecasting revenue growth.

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Electric & new energy vehicles

China’s approval for L3 self-driving cars to stimulate slowing mainland market

Chinese carmakers could sell about 270,000 semi-autonomous vehicles next year, representing 1 per cent of the total market, Daiwa says.

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Semi-autonomous cars with L3 technology are likely to spur sales on the mainland next year. Photo: Reuters
Semi-autonomous cars with L3 technology are likely to spur sales on the mainland next year. Photo: Reuters
Electric & new energy vehicles

BYD ups the ante on L3 autonomous cars, begins testing for mass production

BYD has pinned its hopes on preliminary self-driving technologies to bolster its sales in mainland China.

Electric & new energy vehicles

Xpeng CEO dismisses AI bubble fears, predicts more affordable robots soon

He Xiaoping’s recent trip to the US, where he met more than 30 professionals in the AI field, helped form his conclusions about the industry.

Artificial intelligence

Xiaomi launches open-source model to compete against DeepSeek, OpenAI systems

MiMo-V2-Flash ‘particularly excels in reasoning, coding and agentic scenarios’, Xiaomi says.

Xiaomi’s open-source AI model, MiMo-V2-Flash, is available on the company’s developer site MiMo Studio, Hugging Face and the API Platform. Photo: Shutterstock
Electric & new energy vehicles

Beijing approves first L3 autonomous cars in leap towards ‘hands-off’ driving

The cars, both pure EVs, can only navigate urban streets and highways in designated areas, according to the ministry.

The Baidu-BAIC Arcfox robotaxi is seen on the road. Photo: Shutterstock Images
The Baidu-BAIC Arcfox robotaxi is seen on the road. Photo: Shutterstock Images
Volkswagen

Can Volkswagen regain its China market share with its US$3.5 billion bet?

Volkswagen, which once had 50 per cent of China’s vehicle market, has invested €3 billion in its largest R&D centre outside its home country in Hefei.

Electric & new energy vehicles

Xpeng steps up ‘go global’ drive with Malaysian assembly hub for Southeast Asia

The Guangzhou-based company said it would partner with Malaysia’s EP Manufacturing to locally assemble intelligent EVs.

Electric & new energy vehicles

China’s Geely Auto raises bar on car safety with world’s largest test centre

Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.

A worker checks the frame of a car on a production line under Geely Auto’s Zeekr brand in Ningbo. Photo: Getty Images
SCMP Highlights

China leans on German carmakers; BYD founder bets on new tech: 7 EV reads

From Spain’s new electric car plan to BYD’s founder betting on new tech to win back customers, here are seven EV stories you may have missed.

Robot arms are seen at work on a car production line at a factory of FAW-Volkswagen in eastern China’s Shandong province on March 12. Photo: AFP
Robot arms are seen at work on a car production line at a factory of FAW-Volkswagen in eastern China’s Shandong province on March 12. Photo: AFP
China-EU relations

China leans on German carmakers to help break Brussels tariff deadlock

Commerce vice-minister urges German industry leaders to leverage their clout to push the European Commission towards a compromise on the anti-subsidy probe.

China-EU relations

‘A big opportunity’: why Spain’s new electric car plan hands an opening to China

Madrid’s ambitious strategy may hinge on attracting more Chinese investment, giving China’s firms greater leverage, analysts say.

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Electric & new energy vehicles

BYD founder bets on new tech to win back customers as sales decelerate

Company is pinning its hopes on a 12,000-strong R&D team to come up with technological breakthroughs.

In 2022, BYD dethroned Tesla for the first time as the world’s largest EV builder. Photo: Reuters
In 2022, BYD dethroned Tesla for the first time as the world’s largest EV builder. Photo: Reuters
China-EU relations

As Macron eyes China deals to revive industry, trade shows tables have turned

China once exported cheap goods to Europe – now, French leader urges its firms to transfer tech expertise.

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China trade

Explainer | As China’s companies become industry leaders, where in the world are they going?

Across numerous sectors, China’s firms are setting up shop worldwide – and gaining ground on their well-entrenched competitors.

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Electric & new energy vehicles

Tesla’s China plant sees shipment surge ahead of subsidy expiry

However, the rebound may not be sufficient to help the company reclaim lost ground in China, an analyst says.

A Tesla logo seen on a Model 3 electric car. Photo: AFP
China manufacturing

Germany’s China playbook: if you can’t beat them, partner up

More than half of surveyed German firms plan deeper ties with local partners in China to match the rapid innovation cycles of domestic competitors, the German Chamber of Commerce has found.

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Robot arms are seen at work on a car production line at a factory of FAW-Volkswagen in eastern China’s Shandong province on March 12. Photo: AFP
Robot arms are seen at work on a car production line at a factory of FAW-Volkswagen in eastern China’s Shandong province on March 12. Photo: AFP
Electric & new energy vehicles

China’s EV makers post stellar sales before incentives are phased out next year

Leapmotor leads the pack with record sales for a seventh month in a row, while Voyah and Zeekr put on a strong performance.

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Electric & new energy vehicles

China EV profit woes fuel market anxiety over challenging 2026

Investors quickly turn against EV makers as earnings fall short, and next year looks even more difficult, analysts say.

Made in China 2025

Chinese EV makers tipped to storm global top 10 carmakers by 2030, McKinsey says

Chinese carmakers are expected to climb the global league tables over the next five years, as technology and scale disrupt the leaders.

China’s EV makers are expected to be among the top 10 in the world league table by 2030. Photo: Xinhua
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