https://www.scmp.com/rss/324262/feed News and insight on the latest luxury supercars, concept cars and vintage vehicles en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Daniel Ren Daniel Ren Li Auto, one of Tesla’s major rivals in mainland China, has set its sights on the Middle East and Asia-Pacific, with its premium intelligent models poised to take on petrol car brands such as BMW and Mercedes-Benz. The Beijing-based electric vehicle (EV) maker, which is actively building a sales network abroad, expected overseas deliveries to account for 30 per cent of its total by 2030, according to president Ma Donghui. “It is inevitable that we will compete against BMW, Benz and Audi, which... https://www.scmp.com/business/china-business/article/3351481/chinas-li-auto-targets-bmw-and-mercedes-premium-suvs-middle-east-asia-pacific?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3351481/chinas-li-auto-targets-bmw-and-mercedes-premium-suvs-middle-east-asia-pacific?utm_source=rss_feed Sun, 26 Apr 2026 11:10:02 +0000 SCMP Style Reporter SCMP Style Reporter New versions of cars can sometimes be a little underwhelming – a slightly modified silhouette here, a few tweaks to the trim there. And then there’s the new BMW iX3, which doesn’t so much relaunch the vehicle as completely rewrite its design language, dramatically upgrading everything from aesthetics to electronics to sustainability. The car – the BMW iX3 50 xDrive – is the newest battery electric version of the company’s X3 compact luxury crossover SUV. But where the model it updates, the G08,... https://www.scmp.com/magazines/style/lifestyle/leisure/article/3345495/style-edit-bmw-ix3-rewrites-ev-rule-book-range-and-sustainability?utm_source=rss_feed https://www.scmp.com/magazines/style/lifestyle/leisure/article/3345495/style-edit-bmw-ix3-rewrites-ev-rule-book-range-and-sustainability?utm_source=rss_feed Mon, 09 Mar 2026 02:00:10 +0000 Josh Sims Josh Sims Andrea Zagato says that, when you’re 106 years old, you think very carefully before risking your reputation. “It’s a lot of history to protect,” says the CEO of the legendary Italian coachbuilding company that bears his family name. Zagato was founded by his grandfather Ugo in 1919, and would go on to lend its styling skills to the likes of Bugatti, Rolls-Royce, Porsche, Bentley, Aston Martin and Lamborghini; and to make classic versions of the Ferrari 575 GTZ, Alfa Romeo TZ3 Corsa and BMW... https://www.scmp.com/magazines/style/lifestyle/design/article/3343459/andrea-zagato-us3-million-capricorn-01-italian-coachbuilder-zagatos-first-hypercar?utm_source=rss_feed https://www.scmp.com/magazines/style/lifestyle/design/article/3343459/andrea-zagato-us3-million-capricorn-01-italian-coachbuilder-zagatos-first-hypercar?utm_source=rss_feed Wed, 18 Feb 2026 22:00:10 +0000 Gloria Tso Gloria Tso Style by SCMP celebrated its 20th anniversary with a star-studded party at Grand Majestic Sichuan on Wednesday, attended by the likes of Hong Kong luminaries like designer Vivienne Tam and entrepreneur Kevin Poon, celebrities Elva Ni and Grace Chan, and star athletes Ryan Choi and Cecilia Yeung. Over two decades of editorial excellence were on full display in a special exhibition showcasing the cultural milestones that have come to shape luxury fashion – and the pages of our magazine – over the... https://www.scmp.com/magazines/style/luxury/luxury-news/article/3343297/inside-style-scmps-star-studded-20th-anniversary-party-bmw-saicho-and-more?utm_source=rss_feed https://www.scmp.com/magazines/style/luxury/luxury-news/article/3343297/inside-style-scmps-star-studded-20th-anniversary-party-bmw-saicho-and-more?utm_source=rss_feed Thu, 12 Feb 2026 08:11:20 +0000 Daniel Ren Daniel Ren Chinese electric vehicles (EVs), already the envy of the global automotive industry, have raced to the top of the luxury segment after a new model co-developed by Huawei Technologies outsold Porsche’s Panamera and BMW’s 7 Series in the world’s largest car market. Maextro S800, a luxury sedan priced from 708,000 yuan (US$100,555) to 1 million yuan, recorded 2,145 deliveries in mainland China last month, more than the combined sales of the Panamera and the 7 Series, according to data provider ECC... https://www.scmp.com/business/china-evs/article/3337532/luxury-model-built-huawei-outsells-porsches-panamera-and-bmws-7-series-china?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3337532/luxury-model-built-huawei-outsells-porsches-panamera-and-bmws-7-series-china?utm_source=rss_feed Tue, 23 Dec 2025 12:31:21 +0000 SCMP Style Reporter SCMP Style Reporter The BMW 7 Series has been setting standards among luxury sedans since 1977 with its unmatched combination of comfort, elegance, driving power and technical innovation. In recent years, it’s added sustainability to that mix in the shape of the i7, a model that has reshaped expectations of electric vehicles. The i7 comes in three models: the i7 eDrive50, the i7 eDrive50 M Sport Edition – and, for the discerning driver who values a little extra muscle under the bonnet, the top of the range i7 M70... https://www.scmp.com/magazines/style/lifestyle/design/article/3333704/style-edit-bmws-luxury-electric-saloon-i7-m70-xdrive-offers-performance-and-poise?utm_source=rss_feed https://www.scmp.com/magazines/style/lifestyle/design/article/3333704/style-edit-bmws-luxury-electric-saloon-i7-m70-xdrive-offers-performance-and-poise?utm_source=rss_feed Mon, 24 Nov 2025 02:00:39 +0000 SCMP Style Reporter SCMP Style Reporter For nearly half a century, BMW’s 7 Series has been not only the German automaker’s flagship model but also the agenda setter among luxury executive saloon cars the world over. With its clean lines, superior performance and host of luxurious features, it’s the high-end automobile that leads where others follow. In recent years, the same line-up of sought-after attributes has also been available in a future-facing package – the i7, a car that redefines the promise of all-electric motoring. The i7... https://www.scmp.com/magazines/style/lifestyle/leisure/article/3330075/style-edit-bmws-i7-flagship-range-electric-executive-cars?utm_source=rss_feed https://www.scmp.com/magazines/style/lifestyle/leisure/article/3330075/style-edit-bmws-i7-flagship-range-electric-executive-cars?utm_source=rss_feed Mon, 27 Oct 2025 02:00:13 +0000 Bloomberg Bloomberg Chinese carmakers are already beating their Western rivals when it comes to winning over the country’s middle-class drivers. Now they are coming for rich customers looking to add a little extra to their cars. Xiaomi last month started a service that will allow buyers to customise their 529,900 yuan (US$74,000) SU7 Ultra racer electric sedans with select trim and paint jobs – adding at least 100,000 yuan to the sticker price. A major smartphone designer that is making quick inroads with its... https://www.scmp.com/business/china-business/article/3327944/xiaomi-takes-porsche-customised-luxury-evs-china?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3327944/xiaomi-takes-porsche-customised-luxury-evs-china?utm_source=rss_feed Mon, 06 Oct 2025 01:36:33 +0000 Daniel Ren,Eric Ng Daniel Ren,Eric Ng BeyonCa, a Chinese premium electric vehicle (EV) start-up, plans to unveil its first production model as early as the end of October as it edges closer to pioneering car manufacturing in Hong Kong. The luxury car – known as the Grand Tourer and designed for high-speed, long-distance travel – will be assembled at the Tai Po advanced manufacturing site of Hong Kong Science and Technology Parks (HKSTP), according to people familiar with the matter. The car targets customers in Europe and the Middle... https://www.scmp.com/business/china-business/article/3327130/beyonca-edges-closer-ev-production-hong-kong-prepares-luxury-car-global-buyers?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3327130/beyonca-edges-closer-ev-production-hong-kong-prepares-luxury-car-global-buyers?utm_source=rss_feed Mon, 29 Sep 2025 02:00:20 +0000 Hadi Azmi Hadi Azmi Malaysia lost US$8.5 million in unpaid road tax after politicians and VIPs skipped payments on their Rolls-Royces, Ferraris and Lamborghinis, a revelation that has triggered public anger over double standards and elite impunity. Across Asia, anger at elite privilege is boiling, with resentment over the perceived excesses of “nepo babies” toppling the government in Nepal and sparking protests in the Philippines. Indonesians are pushing back against the owners of luxury vehicles abusing sirens to... https://www.scmp.com/week-asia/economics/article/3326805/malaysia-puts-brakes-luxury-car-owners-skipping-out-us85-million-road-tax?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3326805/malaysia-puts-brakes-luxury-car-owners-skipping-out-us85-million-road-tax?utm_source=rss_feed Thu, 25 Sep 2025 06:32:16 +0000 Daniel Ren Daniel Ren Chinese carmaker Li Auto launched a pre-emptive strike against US rival Tesla by offering a new six-seat, fully electric SUV to affluent families on the mainland, as competition in the world’s largest automotive market continues to escalate. Beijing-based Li Auto, one of the only three profitable electric vehicle (EV) makers in mainland China, on Tuesday unveiled the Li i8 – built with autonomous driving technology and a digital cockpit – that would be priced from 321,800 yuan (US$44,889) to... https://www.scmp.com/business/china-business/article/3320044/li-auto-launches-six-seat-electric-suv-pre-emptive-strike-against-tesla-china?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3320044/li-auto-launches-six-seat-electric-suv-pre-emptive-strike-against-tesla-china?utm_source=rss_feed Tue, 29 Jul 2025 23:30:13 +0000 SCMP Style Reporter SCMP Style Reporter For anyone looking for a greener, more intelligent, more thoughtfully made vehicle, with zero compromise on performance, interior comfort or exterior dash: your prayers have been answered. A luxury electric SUV that ups the bar and breaks new ground on numerous fronts, the BMW iX xDrive45, newly introduced in Hong Kong, offers a more powerful engine, a more refined profile, a dramatically longer range and a more sophisticated line-up of technology than any other vehicle in its class. It... https://www.scmp.com/magazines/style/luxury/luxury-news/article/3319416/style-edit-bmw-ix-xdrive45-hits-hong-kong-its-greener-more-sophisticated-ride?utm_source=rss_feed https://www.scmp.com/magazines/style/luxury/luxury-news/article/3319416/style-edit-bmw-ix-xdrive45-hits-hong-kong-its-greener-more-sophisticated-ride?utm_source=rss_feed Mon, 28 Jul 2025 02:00:10 +0000 He Huifeng He Huifeng Like many elder Chinese millennials, Alice Yu was deeply saddened last week when she heard the joint venture that made Jeeps in China had declared bankruptcy. The 40-something recalled her then-boyfriend giving her an unforgettable gift in the early 2010s: an imported Jeep Grand Cherokee costing more than 400,000 yuan (US$55,700). At the time, Yu was an up-and-coming media manager living in Shenzhen, and the luxurious SUV seemed to symbolise the “American dream” of freedom and prosperity that... https://www.scmp.com/economy/china-economy/article/3318762/american-dream-has-faded-how-jeep-reached-end-road-china?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3318762/american-dream-has-faded-how-jeep-reached-end-road-china?utm_source=rss_feed Sun, 20 Jul 2025 03:00:18 +0000 Bloomberg Bloomberg Tesla has opened its first India showroom as Elon Musk’s electric vehicle maker looks to ply new markets and offset slowing sales where it’s already well established. A 370-sq-metre (4,000-square-foot) space in Mumbai’s posh financial district of Bandra Kurla Complex opens its doors on Tuesday. It will sell its made-in-China Model Y cars starting at 6 million rupees (US$69,800), a price catalogue on its website showed on Tuesday. The selling price of the model starts from US$44,990 in the US,... https://www.scmp.com/news/asia/south-asia/article/3318230/tesla-opens-first-india-showroom-sales-slow-china-and-us?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3318230/tesla-opens-first-india-showroom-sales-slow-china-and-us?utm_source=rss_feed Tue, 15 Jul 2025 04:06:55 +0000 Matthew Marsh Matthew Marsh “The first night session couldn’t have been more stressful if there were snakes in the car and meteorites falling from the sky.” Antares Au isn’t new to 24-hour racing – he’s won his class at Belgium’s Spa and Germany’s Nürburgring – but nothing, he says, quite prepares you for the 24 Hours of Le Mans. Last month marked his debut at France’s legendary endurance race, alongside fellow Hongkonger Jonathan Hui Kin-tak. They were two drivers on the 62 teams competing at this year’s race, and for a... https://www.scmp.com/postmag/passions/article/3317839/meet-one-track-minds-behind-le-mans-24-hour-race?utm_source=rss_feed https://www.scmp.com/postmag/passions/article/3317839/meet-one-track-minds-behind-le-mans-24-hour-race?utm_source=rss_feed Sat, 12 Jul 2025 22:15:07 +0000 dpa dpa Land Rover has introduced a series of revisions for its popular Defender range. The off-roader now has a sharper exterior design with new front and rear lights, and the rear ones have a smoky design. There’s a new textured pattern for the bonnet inserts and side vents, and gloss black Defender-branded hubcaps. New exterior colours have been added to the Defender’s range, including Borasco Grey. The interior has been upgraded, too. A new 13.1-inch infotainment screen is slightly larger than the... https://www.scmp.com/lifestyle/travel-leisure/article/3312464/land-rover-defender-2025-has-new-colours-and-driver-safety-feature-and-sharper-design?utm_source=rss_feed https://www.scmp.com/lifestyle/travel-leisure/article/3312464/land-rover-defender-2025-has-new-colours-and-driver-safety-feature-and-sharper-design?utm_source=rss_feed Mon, 02 Jun 2025 03:12:50 +0000 Yating Yang Yating Yang A Chinese man who spent 1.55 million yuan (US$210,000) on a Maybach S480 car to use as a ride-hailing vehicle has revealed that he can earn more than 5,000 yuan (US$700) from a single trip, sparking lively debate online. The man, surnamed Yuan, and based in Beijing, has attracted significant attention on social media for using a Mercedes-Maybach as a ride-hailing vehicle. He documents his daily experiences on his account, “Old Yuan Drives a Maybach for Ride-Hailing,” which has amassed nearly... https://www.scmp.com/news/people-culture/trending-china/article/3306887/chinese-man-buys-us210000-car-ride-hailing-business-claims-earn-us4800-month?utm_source=rss_feed https://www.scmp.com/news/people-culture/trending-china/article/3306887/chinese-man-buys-us210000-car-ride-hailing-business-claims-earn-us4800-month?utm_source=rss_feed Wed, 23 Apr 2025 06:00:08 +0000 A luxury car crash outside New Delhi that left two pedestrians critically injured has revived public anger in India over what many see as a pattern of legal leniency for wealthy drivers, echoing a similar fatal case last year that sparked national outcry. Deepak Kumar – a luxury car dealer – was arrested for rash and negligent driving after a Lamborghini he was testing veered out of control and hit two construction workers in Noida, a city bordering the Indian capital, last Sunday. On Monday,... https://www.scmp.com/week-asia/lifestyle-culture/article/3305290/outrage-over-lamborghini-crash-india-reignites-debate-over-privilege-and-impunity?utm_source=rss_feed https://www.scmp.com/week-asia/lifestyle-culture/article/3305290/outrage-over-lamborghini-crash-india-reignites-debate-over-privilege-and-impunity?utm_source=rss_feed Sun, 06 Apr 2025 09:00:08 +0000 A Chinese trade group headed to Germany on Monday to discuss cooperation in the automotive space, where both sides have weighty advantages in the world but face steep terrain following US tariff threats, an anti-subsidy spat and a slump in Chinese export value. A delegation led by the semi-official China Council for the Promotion of International Trade set off for talks with top auto-industry players in Europe’s largest economy, according to a social media account affiliated with state... https://www.scmp.com/economy/global-economy/article/3299941/china-trade-team-visits-germany-discuss-cars-after-election-and-tariff-spats-threats?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3299941/china-trade-team-visits-germany-discuss-cars-after-election-and-tariff-spats-threats?utm_source=rss_feed Mon, 24 Feb 2025 13:30:07 +0000 Porsche has struggled with electric vehicles since the debut of the Taycan in 2019. But a product review like this exists separately from those problems. When I drove the Taycan, for instance, I thought it was the best-driving electric sedan money could buy at the time. It felt adult and well-made in a sea of poorly constructed, appliance-like things made by tech bros. So I’ve been curious to drive Porsche’s second all-electric vehicle, the Macan Electric. The model comes in four variants: the... https://www.scmp.com/lifestyle/travel-leisure/article/3299607/porsche-macan-electric-suv-matches-looks-comfort-and-power?utm_source=rss_feed https://www.scmp.com/lifestyle/travel-leisure/article/3299607/porsche-macan-electric-suv-matches-looks-comfort-and-power?utm_source=rss_feed Sun, 23 Feb 2025 08:15:08 +0000 Rolls-Royce’s new Black Badge Spectre has become the most powerful model in the company’s history. The electric model brings 650bhp (485kW) and 1,075Nm (793lb/ft) of torque, enabling a 0-60mph (0-96km/h) time of just 4.1 seconds. Those power outputs represent a significant increase on the 577bhp and 900Nm of torque that you would get from the standard Spectre. As with nearly all Rolls-Royce models, the Black Badge Spectre includes several additions which refer to the company’s past. One of the... https://www.scmp.com/lifestyle/travel-leisure/article/3299573/rolls-royce-ev-black-badge-spectre-has-power-boost-button-inspired-spitfire-fighter?utm_source=rss_feed https://www.scmp.com/lifestyle/travel-leisure/article/3299573/rolls-royce-ev-black-badge-spectre-has-power-boost-button-inspired-spitfire-fighter?utm_source=rss_feed Sat, 22 Feb 2025 04:15:07 +0000 On its launch in 2003, the BMW X3 blazed a spectacular trail, pioneering one of the most popular contemporary vehicle types and becoming the first premium mid-size SUV on the market. Over 20 years later, the fourth and latest generation of this revolutionary vehicle has been born – and it continues to take giant steps forward, with a sportier appearance, more streamlined interiors, upgraded technological features and a big boost in power. It comes in three models: the X3 20 xDrive, the X3 20... https://www.scmp.com/magazines/style/lifestyle/article/3294193/style-edit-bmws-new-generation-x3-suv-boasts-sportier-design-advanced-tech-and-powerful-hybrid?utm_source=rss_feed https://www.scmp.com/magazines/style/lifestyle/article/3294193/style-edit-bmws-new-generation-x3-suv-boasts-sportier-design-advanced-tech-and-powerful-hybrid?utm_source=rss_feed Mon, 13 Jan 2025 02:00:11 +0000 Porsche is expanding its current 911 range with the introduction of a new Carrera S model. Sitting between the 911 Carrera and Carrera GTS, the Carrera S has an “enhanced performance and driving dynamic” compared with its predecessor, with additional equipment and more power. The 3-litre twin-turbocharged flat-six Boxer engine now produces 473bhp and 530Nm of torque, almost 30bhp more than the previous model. The increase has come through new turbochargers and upgraded cooling and, as a result,... https://www.scmp.com/lifestyle/travel-leisure/article/3294247/why-new-porsche-911-carrera-s-faster-more-powerful-and-better-drive-ever?utm_source=rss_feed https://www.scmp.com/lifestyle/travel-leisure/article/3294247/why-new-porsche-911-carrera-s-faster-more-powerful-and-better-drive-ever?utm_source=rss_feed Fri, 10 Jan 2025 10:45:07 +0000 These five innovations from CES, the annual consumer electronics trade show held in Las Vegas, could shape the future of cars. 1. Sony’s Afeela 1 The premium-priced car first broke cover a while back, but at CES, Sony announced the final specs, cost and delivery details for its first electric vehicle. Starting at US$89,000 for the entry model, the car will be launched on the US market in mid-2026 and the rest of the world after that. 2. New Honda O-series models Honda announced two coming... https://www.scmp.com/lifestyle/travel-leisure/article/3294084/5-car-innovations-ces-show-las-vegas-could-change-future-driving?utm_source=rss_feed https://www.scmp.com/lifestyle/travel-leisure/article/3294084/5-car-innovations-ces-show-las-vegas-could-change-future-driving?utm_source=rss_feed Fri, 10 Jan 2025 01:45:07 +0000 From the dunes of Dubai to the vastness of the North American West, fans around the world have been waiting for the latest edition of the Toyota Land Cruiser. Over the years, competitors such as the Mercedes G-Class and the Land Rover Defender have veered into lifestyle and luxury territory, but the Land Cruiser has enjoyed a reputation for unmatched durability, reliability and off-road prowess. The new model continues the vehicle’s rugged roots, while embracing modern technology. Built on... https://www.scmp.com/lifestyle/travel-leisure/article/3293705/new-2025-toyota-land-cruiser-sticks-its-rugged-road-roots?utm_source=rss_feed https://www.scmp.com/lifestyle/travel-leisure/article/3293705/new-2025-toyota-land-cruiser-sticks-its-rugged-road-roots?utm_source=rss_feed Wed, 08 Jan 2025 10:15:12 +0000 Everyone can name an operating system from a computer or smartphone – but what about a car? Few of us realise that we’ve technically been driving with them since the first electronic control units (ECUs) in the early 1970s. More comfort and safety functions led to more control units. Since the introduction of the so-called CAN (controller area network) bus system in the early 1990s, control units can be networked with each other. At that time, the Mercedes S-class W140 was the first car with a... https://www.scmp.com/lifestyle/gadgets/article/3291937/automotive-operating-systems-roll-drivers-seek-smartphone-style-car-features?utm_source=rss_feed https://www.scmp.com/lifestyle/gadgets/article/3291937/automotive-operating-systems-roll-drivers-seek-smartphone-style-car-features?utm_source=rss_feed Mon, 23 Dec 2024 09:15:08 +0000 Daniel Ren Daniel Ren International car brands, already experiencing a sharp sales decline, have one more thing to worry about as Chinese electric vehicle (EV) maker Nio began sales of a new luxury sedan to challenge the likes of BMW’s 7 series and Audi’s A8. The fully electric ET9 executive sedan, which the company expects to begin delivering in March, will spearhead a move among Chinese EV makers to break the dominance of conventional petroleum-powered luxury vehicles built by foreign rivals, said William Li, CEO... https://www.scmp.com/business/china-business/article/3290565/chinese-ev-maker-nio-takes-aim-foreign-luxury-marques-bmw-audi-new-sedan?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3290565/chinese-ev-maker-nio-takes-aim-foreign-luxury-marques-bmw-audi-new-sedan?utm_source=rss_feed Thu, 12 Dec 2024 22:00:16 +0000 A dramatic fire that left many South Koreans in a panic about the reliability of electric vehicles has prompted the country to take unprecedented measures to assuage public fears over battery safety. Four months ago, an unplugged Mercedes-Benz electric sedan caught fire and exploded, destroying an underground car park in Incheon, west of Seoul. The blaze left more than 200 families homeless for weeks and took firefighters more than eight hours to extinguish. The incident quickly soured public... https://www.scmp.com/news/asia/east-asia/article/3288914/mercedes-benz-fire-sparks-ev-safety-overhaul-south-korea?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3288914/mercedes-benz-fire-sparks-ev-safety-overhaul-south-korea?utm_source=rss_feed Mon, 02 Dec 2024 02:53:31 +0000 California has seen its share of bears breaking into cars. But bears caught on camera entering luxury cars tipped off insurers that something wasn’t quite right. In what it’s dubbed “Operation Bear Claw”, the California Insurance Department said four Los Angeles residents were arrested Wednesday, accused of defrauding three insurance companies out of nearly US$142,000 by claiming a bear had caused damage to their vehicles. The group is accused of providing video footage from the San Bernardino... https://www.scmp.com/news/world/united-states-canada/article/3286626/bear-attacked-luxury-cars-us142000-insurance-case-was-human-costume?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3286626/bear-attacked-luxury-cars-us142000-insurance-case-was-human-costume?utm_source=rss_feed Thu, 14 Nov 2024 16:47:23 +0000 Xinmei Shen,Che Pan Xinmei Shen,Che Pan Xiaomi, the Chinese smartphone brand that has ventured into electric-vehicle (EV) making, has introduced a US$114,000 luxury sports car that consumers found to resemble a Ferrari, and which company founder Lei Jun praised as “amazing”. The SU7 Ultra, launched on Tuesday and selling for 814,900 yuan, is Xiaomi’s second car release after it jumped into China’s crowded EV market in March with its debut models, the SU7, SU7 Pro and SU7 Max, marking one of the most widely-watched business... https://www.scmp.com/tech/big-tech/article/3284501/xiaomi-unveils-us114000-ferrari-lookalike-luxury-car-venture?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3284501/xiaomi-unveils-us114000-ferrari-lookalike-luxury-car-venture?utm_source=rss_feed Wed, 30 Oct 2024 11:00:20 +0000 Daniel Ren,Yujie Xue Daniel Ren,Yujie Xue In the second instalment of a three-part series on China’s electric vehicles, Daniel Ren and Yujie Xue look at the key technologies of major Chinese EV assemblers battling for supremacy in the world’s largest and fastest-growing automotive market. Click here for the first part. China’s electric vehicle (EV) makers are “an existential threat” to America’s car industry, according to Ford Motor CEO Jim Farley, whose company invented the world’s first automotive assembly line more than a century... https://www.scmp.com/business/china-business/article/3282939/chinas-ev-makers-jostle-pole-position-tempting-buyers-cutting-edge-tech-luxury?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3282939/chinas-ev-makers-jostle-pole-position-tempting-buyers-cutting-edge-tech-luxury?utm_source=rss_feed Sat, 19 Oct 2024 00:00:10 +0000 Every two years, Swiss luxury watchmaker Richard Mille takes over the magnificent Chateau de Chantilly, just north of Paris and the home of one France’s most famous racecourses. However, it is horsepower of a different kind that draws the watch brand’s founder, Richard Mille, to this place. There he shares his passion with thousands of other classic sports car owners by sponsoring the Chantilly Arts & Élégance Richard Mille weekend. This is the auto world’s fashion catwalk where owners show off... https://www.scmp.com/magazines/style/luxury/watches/article/3281859/chantilly-arts-elegance-richard-mille-biannual-event-showcasing-classic-and-concept-cars-starting?utm_source=rss_feed https://www.scmp.com/magazines/style/luxury/watches/article/3281859/chantilly-arts-elegance-richard-mille-biannual-event-showcasing-classic-and-concept-cars-starting?utm_source=rss_feed Thu, 10 Oct 2024 09:00:13 +0000 Auction house Christie’s will acquire classic car seller Gooding & Company, the companies announced on September 12. The deal for the Los Angeles-based car consignor is said to be Christie’s largest in more than two decades. The purchase will help diversify Christie’s offerings as the art market weakens. In the first six months of 2024, Christie’s auction sales declined 22 per cent year on year, to US$2.1 billion (HK$16.4 billion) – roughly half the US$4.1 billion achieved during the same time... https://www.scmp.com/lifestyle/arts-culture/article/3278423/christies-purchase-classic-car-dealer-amid-art-market-slump-hailed-great-news?utm_source=rss_feed https://www.scmp.com/lifestyle/arts-culture/article/3278423/christies-purchase-classic-car-dealer-amid-art-market-slump-hailed-great-news?utm_source=rss_feed Sun, 15 Sep 2024 09:15:08 +0000 Agence France-Presse Agence France-Presse Brand new Mercedes, state-of-the-art 4x4s, even Teslas: high-end modern cars have started appearing in the Cuban capital Havana, a city whose image is intricately linked to the numerous classic American sedans and Soviet-era Ladas that cruise its streets. The influx has come despite a biting economic crisis on the communist island, where the average monthly wage is US$42 and the vast majority of Cubans struggle to get from point A to B thanks to a public transport system crippled by shortages of... https://www.scmp.com/lifestyle/travel-leisure/article/3278445/new-luxury-chinese-japanese-and-us-cars-contrast-vintage-classics-cubas-streets?utm_source=rss_feed https://www.scmp.com/lifestyle/travel-leisure/article/3278445/new-luxury-chinese-japanese-and-us-cars-contrast-vintage-classics-cubas-streets?utm_source=rss_feed Sat, 14 Sep 2024 20:15:08 +0000 Ishani Sarkar Ishani Sarkar Overnight multimillionaire Edwin Castro raked in his immense wealth with an outstanding stroke of luck: he won the biggest US lottery jackpot ever, the Powerball, worth US$2.04 billion, per The New York Times. After taxes, he reportedly walked away with a lump sum of US$628.5 million on Valentine’s Day last year and swiftly became a media darling for how he has been spending his fortune. Powerball winner Edwin Castro, who became an overnight multimillionaire after claiming a one-off lump sum of... https://www.scmp.com/magazines/style/entertainment/article/3270790/what-edwin-castro-doing-year-after-his-epic-us-lottery-win-powerball-turned-former-mechanic?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3270790/what-edwin-castro-doing-year-after-his-epic-us-lottery-win-powerball-turned-former-mechanic?utm_source=rss_feed Wed, 17 Jul 2024 20:00:10 +0000 Although this Liverpool football player didn’t make it on to the list of the six richest football players in 2023, he’s on track to make the list soon. According to Forbes, Mohamed Salah, better known as Mo Salah, has a net worth of US$53 million. He’s Liverpool’s all-time Champions League goal scorer and the Reds fans celebrate him by singing, “If he scores another few, then I’ll be Muslim, too.” Salah’s been credited with reducing Islamophobia in the English city. In 2021, Adidas even... https://www.scmp.com/magazines/style/entertainment/article/3269027/how-liverpools-mo-salah-makes-and-spends-his-millions-egyptian-footballer-has-net-worth-us53-million?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3269027/how-liverpools-mo-salah-makes-and-spends-his-millions-egyptian-footballer-has-net-worth-us53-million?utm_source=rss_feed Wed, 03 Jul 2024 21:00:08 +0000 From riches to rags to finding his way to a new fortune once more, US basketball legend Allen Iverson has done what many NBA players who spent their accumulated fortunes before retirement couldn’t – he made a comeback. With an illustrious career that saw him named MVP (most valuable player) in 2001 and 2005; selected three times as an All-NBA First-Teamer (an honour bestowed on the best players in the league each season); and 11-time NBA All-Star, Iverson was one of the 2000s’ most successful... https://www.scmp.com/magazines/style/entertainment/article/3257033/how-nba-basketball-legend-allen-iverson-rebuilt-his-fortune-he-blew-us200-million-jewellery-nights?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3257033/how-nba-basketball-legend-allen-iverson-rebuilt-his-fortune-he-blew-us200-million-jewellery-nights?utm_source=rss_feed Mon, 20 May 2024 11:00:13 +0000 Chinese electric vehicle (EV) maker Nio on Thursday launched a new edition of its upscale smart car, Nio 2024 ET 7, hoping to lure high-end consumers amid an escalating price war among some of the country’s top players. The Shanghai-based carmaker’s updated executive car features more powerful smart-driving capabilities, an enhanced digital cockpit, an extra-long driving range and more comfortable passenger seats, according to founder and CEO William Li Bin. “Through our technological... https://www.scmp.com/tech/tech-trends/article/3260341/beijing-auto-show-nio-unveils-luxury-car-2024-et-7-chinas-ev-price-war-heats?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3260341/beijing-auto-show-nio-unveils-luxury-car-2024-et-7-chinas-ev-price-war-heats?utm_source=rss_feed Thu, 25 Apr 2024 11:00:21 +0000 Both Ferrari and Richard Mille have a track record of developing machines as elegant as they are supremely functional. Driven by the pursuit of performance in their respective fields, the brands also share a refusal to compromise on standards, and a strong tendency to eschew trends. For companies with a singular vision, forging one’s own course is precisely what enables progress and innovation when it comes to design and aesthetics. Style Edit: Richard Mille’s impressive RM 07-01 women’s watch... https://www.scmp.com/magazines/style/luxury/watches/article/3260171/style-edit-richard-milles-collaboration-ferrari-showcases-both-brands-dedication-technology-and?utm_source=rss_feed https://www.scmp.com/magazines/style/luxury/watches/article/3260171/style-edit-richard-milles-collaboration-ferrari-showcases-both-brands-dedication-technology-and?utm_source=rss_feed Thu, 25 Apr 2024 02:00:28 +0000 It might initially seem surprising to see a car in the middle of an exhibition space dedicated to art. It all makes sense though once you understand BMW’s long connection to the art world, through presenting its cars as canvases for the works of some of the world’s most famous artists, including Jeff Koons and Roy Lichtenstein. Raymond Tan, managing director of BMW Group Importer Region, Hong Kong, Macau and Taiwan, confirmed this passion for the arts. “For more than 50 years, BMW has... https://www.scmp.com/magazines/style/lifestyle/leisure/article/3259300/style-edit-bmws-electric-i7-appeared-art-basel-hong-kong-collaboration-artist-alex-israel-carmakers?utm_source=rss_feed https://www.scmp.com/magazines/style/lifestyle/leisure/article/3259300/style-edit-bmws-electric-i7-appeared-art-basel-hong-kong-collaboration-artist-alex-israel-carmakers?utm_source=rss_feed Fri, 19 Apr 2024 02:00:16 +0000 A 33-year-old man faces prison in Singapore for forging his mother’s signature in an attempt to sell her luxury cars and pay off debts he racked up on nightclub performers. In August 2022, Singaporean Liu Kuei Liang forged his mother’s signature on sales agreements, court documents show. He fooled a car dealership into believing that she had authorised the sale of her Rolls-Royce Dawn 6.6 V12 and her Mini Cooper SE, per the records. Where will Singapore’s sex workers go as Orchard Towers closes... https://www.scmp.com/news/asia/southeast-asia/article/3257637/singapore-jails-man-trying-pay-dancing-girl-debts-forging-mums-signature-selling-her-rolls-royce?utm_source=rss_feed https://www.scmp.com/news/asia/southeast-asia/article/3257637/singapore-jails-man-trying-pay-dancing-girl-debts-forging-mums-signature-selling-her-rolls-royce?utm_source=rss_feed Wed, 03 Apr 2024 01:30:56 +0000 Li Auto has priced its multipurpose vehicle (MPV) at 559,800 yuan (US$77,764), nearly double the price of market leader General Motors’ petrol-powered competitor, the GL8, as the nearest rival to Tesla in mainland China vies for a bigger share of the country’s premium electric vehicle (EV) market. Beijing-based Li Auto said on Friday that the fully-electric minivan, known as the Li Mega, will better cater to the travel demands of rich families because it is fitted with a refrigerator and a sofa,... https://www.scmp.com/business/china-business/article/3253874/chinas-li-auto-delivers-electric-minivan-fridge-and-sofa-lure-wealthy-families-general-motors-petrol?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3253874/chinas-li-auto-delivers-electric-minivan-fridge-and-sofa-lure-wealthy-families-general-motors-petrol?utm_source=rss_feed Fri, 01 Mar 2024 11:51:01 +0000 Tom Holland’s life changed astronomically when he made his Marvel debut eight years ago. Holland, 27, has since become one of the most recognisable and bankable young stars in Hollywood. Here’s a breakdown of how the British actor makes and spends his money. His Spider-Man performance Holland’s income spiked when he landed the role of Peter Parker/Spider-Man in the Marvel Cinematic Universe. According to Variety, Holland’s asking price was less than US$1 million for his film roles pre-MCU.... https://www.scmp.com/magazines/style/entertainment/article/3253527/how-tom-holland-makes-and-spends-his-millions-hes-face-prada-invests-dogpound-gym-splurges-audis-and?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3253527/how-tom-holland-makes-and-spends-his-millions-hes-face-prada-invests-dogpound-gym-splurges-audis-and?utm_source=rss_feed Wed, 28 Feb 2024 09:57:11 +0000 Much like his Iron Man/Tony Stark alter ego, Robert Downey Jr has made no secret of his desire to change the world for the better. In 2019, he set up The Footprint Coalition to clean up the planet using advanced technologies. “When I was wrapping up my Marvel contract I thought, what am I gonna do with the rest of my life, I really need a big challenge and a big project,” he told The Washington Post last year. But with a personal fortune of US$300 million, per Celebrity Net Worth, and a car... https://www.scmp.com/magazines/style/entertainment/article/3253391/inside-robert-downey-jrs-us10-million-car-collection-actor-turns-vintage-chevrolets-evs-and-owns?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3253391/inside-robert-downey-jrs-us10-million-car-collection-actor-turns-vintage-chevrolets-evs-and-owns?utm_source=rss_feed Tue, 27 Feb 2024 20:00:11 +0000 Are you Team Drake or Team Ye? Like many rappers in the hip-hop world, these two – arguably two of the biggest stars in the genre – have unsurprisingly been in a feud that’s over a decade long. In 2023, Drake’s first solo single of the year “Search and Rescue” featured an audio clip of Kanye West’s ex-wife, Kim Kardashian, speaking to her mum Kris Jenner about their divorce. That same year, the world witnessed West’s catastrophic fall from grace, with the rapper-turned-fashion designer’s name... https://www.scmp.com/magazines/style/entertainment/article/3252544/drake-and-kanye-west-compared-how-do-rapper-rivals-make-and-spend-their-millions-their-net-worths?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3252544/drake-and-kanye-west-compared-how-do-rapper-rivals-make-and-spend-their-millions-their-net-worths?utm_source=rss_feed Tue, 20 Feb 2024 10:00:17 +0000 Jay Leno’s car collection isn’t like anyone else’s on the planet … quite literally. Why? Because Leno isn’t here to look swish in the latest sports car or to splurge on an automobile just because it was made by Mercedes or Aston Martin. In fact, for him, the rarer and more interesting the car, the better. In other words, for Leno, each car is a piece of history, and he is one of the world’s pre-eminent historians – with his own museum and team of mechanics to match. “You don’t buy the car so... https://www.scmp.com/magazines/style/entertainment/article/3252167/jay-lenos-quirky-us50-million-car-collection-1906-stanley-steamer-ford-gt-talk-show-hosts-140000-sq?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3252167/jay-lenos-quirky-us50-million-car-collection-1906-stanley-steamer-ford-gt-talk-show-hosts-140000-sq?utm_source=rss_feed Sat, 17 Feb 2024 21:00:22 +0000 The WWE, the world’s largest wrestling promotion, has both grown in popularity – and notoriety, as ex-CEO Vince McMahon became embroiled in scandal. Formerly known as the World Wrestling Federation (WWF), the World Wrestling Entertainment is now available in more than one billion homes worldwide in 30 languages. As in other “wrestling promotions”, WWE shows are not true contests. It’s known as entertainment-based performance theatre, featuring scripted, storyline-driven and partially... https://www.scmp.com/magazines/style/entertainment/article/3251938/8-richest-wwe-wrestling-icons-2024-net-worths-ranked-dwayne-johnson-and-john-cena-who-built?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3251938/8-richest-wwe-wrestling-icons-2024-net-worths-ranked-dwayne-johnson-and-john-cena-who-built?utm_source=rss_feed Wed, 14 Feb 2024 20:00:09 +0000 Football fans recently descended on Hong Kong for a hotly anticipated friendly match between the city’s team and Inter Miami CF, on February 4 … only to be sorely disappointed when the latter’s star player, Lionel Messi, spent the game sitting on the sidelines. The other footballer who might’ve commanded a similar enthusiastic turnout? Cristiano Ronaldo. The two currently top Forbes’ list of highest-paid athletes in the world. Both wildly successful, Messi and Ronaldo are said to have signed... https://www.scmp.com/magazines/style/entertainment/article/3251006/lionel-messi-and-cristiano-ronaldos-crazy-rich-lives-compared-football-legends-earn-millions-and?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3251006/lionel-messi-and-cristiano-ronaldos-crazy-rich-lives-compared-football-legends-earn-millions-and?utm_source=rss_feed Mon, 05 Feb 2024 20:00:36 +0000 Nikola Jokic may be nicknamed the “Joker” on the court, but he has a bank account that’s no laughing matter. The 2020-21 and 2021-22 NBA MVP has amassed an estimated net worth of US$50 million, according to Celebrity Net Worth. The NBA superstar also boasts a collection of luxury cars and watches, and owns properties and land on opposite sides of the globe. Born in Sombor, Serbia, on February 19, 1995, Jokic’s passion for basketball was evident from a young age. He made his Serbian league debut... https://www.scmp.com/magazines/style/entertainment/article/3249498/how-nba-superstar-nikola-jokic-makes-and-spends-his-fortune-denver-nuggets-mvp-and-millionaire-was?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3249498/how-nba-superstar-nikola-jokic-makes-and-spends-his-fortune-denver-nuggets-mvp-and-millionaire-was?utm_source=rss_feed Fri, 26 Jan 2024 20:00:09 +0000 At Modena’s Enzo Ferrari Museum, I am trying to follow a film on a huge screen explaining the history of one of the world’s most iconic carmakers. Although the footage of red Ferraris speeding around race tracks is clear enough, the accompanying voice-over is regularly interrupted by exclamations, in a variety of accents and languages, from other visitors, as they fawn over an array of vehicles artfully arranged nearby. If any more proof were needed, the multilingual hubbub underscores the fact... https://www.scmp.com/lifestyle/travel-leisure/article/3248468/ferrari-luxury-cars-formula-one-team-and-enzo-ferrari-man-behind-marque-celebrated-modena-italy?utm_source=rss_feed https://www.scmp.com/lifestyle/travel-leisure/article/3248468/ferrari-luxury-cars-formula-one-team-and-enzo-ferrari-man-behind-marque-celebrated-modena-italy?utm_source=rss_feed Mon, 15 Jan 2024 20:15:16 +0000