https://www.scmp.com/rss/505258/feed Yujie is a business reporter for the Post with a focus on energy transition, climate change and sustainability issues. She previously worked as a technology reporter in the Post’s Shenzhen bureau. Yujie graduated from Boston University with a degree in mass communication. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Yujie Xue Yujie Xue China’s abundant renewable power and government support could bring a once prohibitively expensive green energy solution into the mainstream – hydrogen. Extensive access to low-cost solar and wind power could let the country produce huge quantities of hydrogen in an environmentally friendly and affordable manner. The government is also stoking demand for the zero-emission fuel, potentially creating incentives for investors to put money into the infrastructure needed for production and... https://www.scmp.com/plus/business/climate-and-energy/article/3348964/green-hydrogen-drive-may-help-china-reach-carbon-neutral-goal?utm_source=rss_feed https://www.scmp.com/plus/business/climate-and-energy/article/3348964/green-hydrogen-drive-may-help-china-reach-carbon-neutral-goal?utm_source=rss_feed Tue, 07 Apr 2026 01:00:19 +0000 Yujie Xue,Mia Nurmamat Yujie Xue,Mia Nurmamat Wind turbines in blustery Tibet are a symbol of China’s rapid investment in renewable energy. The only problem is that much of this potential power goes to waste. Thirty per cent of Tibetan wind energy was lost in the first 10 months of last year, as production had to be paused to avoid overloading the power network. Sunny Qinghai province similarly had to curtail 16.4 per cent of its solar energy in the same period, according to China’s National Energy Administration. China is seeking to... https://www.scmp.com/plus/article/3338885/china-ai-mega-batteries-stoke-renewables-power-drive?utm_source=rss_feed https://www.scmp.com/plus/article/3338885/china-ai-mega-batteries-stoke-renewables-power-drive?utm_source=rss_feed Wed, 07 Jan 2026 01:00:15 +0000 Yujie Xue,Coco Feng,Mandy Zuo Yujie Xue,Coco Feng,Mandy Zuo Drones, unmanned aircraft and flying cars are taking to the sky in China, as the country taps new technology to pare congestion, speed deliveries and create new opportunities for economic growth. Pilotless drones carry food to tourists on the Great Wall of China and help farmers improve yields among other tasks, while unmanned aircraft fly sightseers around major cities and ferry construction materials to remote mountain sites. China’s first flying-car factory has also opened in recent months,... https://www.scmp.com/plus/article/3335152/flying-cars-take-china-extends-drone-market-domination?utm_source=rss_feed https://www.scmp.com/plus/article/3335152/flying-cars-take-china-extends-drone-market-domination?utm_source=rss_feed Thu, 04 Dec 2025 04:50:58 +0000 Daniel Ren,Yujie Xue Daniel Ren,Yujie Xue Chinese robotaxi companies are outpacing US competitors in overseas markets after successfully ramping up services at home. Baidu’s Apollo Go, Pony.ai and WeRide have all pushed into the Middle East and Europe, while US-based Waymo focuses more on domestic services. The three Chinese companies are also working to introduce their driverless cars in other Asian markets. China has leapt to the lead in robotaxis thanks to its huge market of more than 1.4 billion people, supportive government... https://www.scmp.com/plus/article/3328923/chinas-robotaxis-lead-race-overseas-markets?utm_source=rss_feed https://www.scmp.com/plus/article/3328923/chinas-robotaxis-lead-race-overseas-markets?utm_source=rss_feed Tue, 14 Oct 2025 07:00:10 +0000 Yujie Xue Yujie Xue Chinese electric vehicle (EV) manufacturer BYD is targeting first-time buyers in Hong Kong with the launch of a competitively priced car model, building on its recent ascension as the local market leader, overtaking Tesla. On Friday, the Shenzhen-based carmaker introduced the Atto 2, a fully electric right-hand-drive compact SUV priced at HK$169,800 (US$21,630) after tax in Hong Kong. Equipped with BYD’s proprietary blade battery packs, the Atto 2 has a range of up to 410km (254 miles) on a... https://www.scmp.com/business/china-evs/article/3321260/byd-challenges-tesla-more-affordable-atto-2-suv-targeting-first-time-ev-buyers?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3321260/byd-challenges-tesla-more-affordable-atto-2-suv-targeting-first-time-ev-buyers?utm_source=rss_feed Fri, 08 Aug 2025 11:50:22 +0000 Yujie Xue,Daniel Ren Yujie Xue,Daniel Ren Electric vehicle (EV) makers in China, the world’s biggest market, are increasingly targeting Europe and emerging markets amid price wars and overcapacity at home, and tariff barriers in North America. China’s auto exports grew 23 per cent last year to 6.4 million units, aided by a 28 per cent jump in shipments to Russia and Belarus, and a 61 per cent surge in the Middle East, according to AlixPartners. Turkey and Mexico are also among China’s five fastest-growing export markets, including for... https://www.scmp.com/plus/article/3320779/chinas-ev-makers-look-overseas-growth?utm_source=rss_feed https://www.scmp.com/plus/article/3320779/chinas-ev-makers-look-overseas-growth?utm_source=rss_feed Tue, 05 Aug 2025 07:10:08 +0000 Yujie Xue Yujie Xue Hong Kong’s major natural gas company is looking to produce hydrogen for application in other industries, showing commitment to the market at a time when companies and governments are cancelling or scaling back plans amid cost challenges. Hong Kong and China Gas, or Towngas as the sole natural gas producer is known, will start work on building the city’s first public electric vehicle (EV) charging station powered by hydrogen, it said on Friday. The venture was expected to commence operations... https://www.scmp.com/business/china-evs/article/3319649/towngas-build-hydrogen-powered-ev-charging-stations-amid-mixed-industry-signals?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3319649/towngas-build-hydrogen-powered-ev-charging-stations-amid-mixed-industry-signals?utm_source=rss_feed Sun, 27 Jul 2025 06:00:13 +0000 Daniel Ren,Yujie Xue Daniel Ren,Yujie Xue Tesla, faced with a shrinking market share in mainland China, plans to follow the lead of its local rivals by rolling out larger and longer-range variants of its Shanghai-made vehicles to entice consumers. A six-seat Model Y and an upgraded edition of the Model 3 that has an 800km driving range were likely to strengthen the US carmaker’s mainland deliveries in the coming months, but it might not be sufficient to regain its dominance in the country’s premium electric vehicle (EV) segment,... https://www.scmp.com/business/china-business/article/3319401/tesla-seeks-comeback-china-refreshed-model-3-and-model-y?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3319401/tesla-seeks-comeback-china-refreshed-model-3-and-model-y?utm_source=rss_feed Thu, 24 Jul 2025 07:03:25 +0000 Yujie Xue Yujie Xue BYD scored the most new electric vehicle (EV) registrations in Hong Kong in the first half of 2025, beating Tesla and BMW, as mainland Chinese carmakers increased their focus on the city to serve as a launch pad for their global ambitions. The Shenzhen-based carmaker accounted for 27 per cent, or 4,902, of the 18,356 private EVs that were registered in the first half, data from the city’s Transport Department showed this week. BYD’s bestseller with 3,676 units was the Sealion 07, a pure... https://www.scmp.com/business/china-evs/article/3319131/byd-outsells-tesla-hong-kong-ev-market-mainland-firms-eye-global-expansion?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3319131/byd-outsells-tesla-hong-kong-ev-market-mainland-firms-eye-global-expansion?utm_source=rss_feed Tue, 22 Jul 2025 09:00:18 +0000 Yujie Xue Yujie Xue China’s construction of the world’s largest hydropower dam in Tibet has boosted related stocks, as analysts predict that infrastructure construction companies, energy developers, and power grid equipment manufacturers would benefit from the substantial investment into what Beijing calls the “project of the century”. Chinese Premier Li Qiang on Saturday announced the start of the project, situated on the lower reaches of the Yarlung Tsangpo River, which becomes the Brahmaputra River as it leaves... https://www.scmp.com/business/china-business/article/3319091/chinas-mega-dam-project-tibet-sparks-stock-surge-hydropower-infrastructure-sectors?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3319091/chinas-mega-dam-project-tibet-sparks-stock-surge-hydropower-infrastructure-sectors?utm_source=rss_feed Tue, 22 Jul 2025 05:22:16 +0000 Yujie Xue,Daniel Ren Yujie Xue,Daniel Ren Tesla will introduce a longer, six-seat version of its popular Model Y SUV in China, a strategic move aimed at reclaiming market share in the world’s largest electric vehicle (EV) market amid increasing competition from domestic rivals. The new variant, dubbed the Model Y L, is set to debut this autumn, the US EV giant announced on Chinese social media on Wednesday, in a post that read, “Model Y L, see you in the autumn!” Although the company has yet to disclose specific vehicle information, the... https://www.scmp.com/business/article/3318519/tesla-plans-6-seat-version-model-y-bid-reclaim-lost-market-share-china?utm_source=rss_feed https://www.scmp.com/business/article/3318519/tesla-plans-6-seat-version-model-y-bid-reclaim-lost-market-share-china?utm_source=rss_feed Thu, 17 Jul 2025 03:30:28 +0000 Yujie Xue Yujie Xue Global sales of electric and plug-in hybrid vehicles surged 24 per cent in June from a year earlier, driven by strong demand in China and Europe, while the US fell behind, according to the market research firm Rho Motion. A total of 1.8 million battery-powered electric vehicles (BEVs) and plug-in hybrids were sold last month, the London-based firm said on Tuesday. Sales in China jumped 28 per cent to 1.11 million units, or 60 per cent of the worldwide total, while Europe’s demand rose 23 per... https://www.scmp.com/business/china-evs/article/3318380/china-and-europe-power-24-growth-global-ev-sales-june?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3318380/china-and-europe-power-24-growth-global-ev-sales-june?utm_source=rss_feed Wed, 16 Jul 2025 04:21:28 +0000 Yujie Xue Yujie Xue Contemporary Amperex Technology (CATL) and BYD have signed initial agreements with Australian mining giant BHP to collaborate on battery technology and electrification of mining operations, as both mainland firms explore new growth avenues amid a weakening outlook for electric vehicles (EVs). Melbourne-based BHP said on Monday that it had signed memorandums of understanding (MOUs) with CATL, the world’s largest battery maker, and FinDreams Battery (FDB), a fully owned subsidiary of BYD, the... https://www.scmp.com/business/china-evs/article/3318116/catl-byd-partner-australias-bhp-electrify-mining-industry?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3318116/catl-byd-partner-australias-bhp-electrify-mining-industry?utm_source=rss_feed Mon, 14 Jul 2025 06:39:28 +0000 Salina Li,Yujie Xue Salina Li,Yujie Xue Buyers flocked to two new residential projects on Sunday, buoyed by an ongoing stock market rally and low interest rates – signalling a sustained rebound in Hong Kong’s property market. Developer Million Nice (Hong Kong) sold 62 of the 69 units at 9 Eastern Street in Sai Ying Pun, according to agents. Meanwhile, Sun Hung Kai Properties (SHKP) sold all 110 units in the third round of sales at Novo Land phase 3A in Tuen Mun. 9 Eastern Street consists of 76 units, with sizes from 249 sq ft to 508... https://www.scmp.com/business/article/3318044/hong-kong-property-shkps-novo-land-and-million-nices-9-eastern-street-see-strong-sales?utm_source=rss_feed https://www.scmp.com/business/article/3318044/hong-kong-property-shkps-novo-land-and-million-nices-9-eastern-street-see-strong-sales?utm_source=rss_feed Sun, 13 Jul 2025 10:40:33 +0000 Yujie Xue Yujie Xue Chinese wind-power developer Envision Energy has commissioned the world’s largest green hydrogen and ammonia plant, as Beijing seeks to decarbonise its hard-to-abate industries and dominate the growing clean-fuel market. The Shanghai-headquartered company launched the first phase of the project in Chifeng, Inner Mongolia, on Wednesday, which is capable of producing 320,000 tonnes per year of green ammonia, Envision said. “This is more than a technological milestone,” said Zhang Lei, Envision’s... https://www.scmp.com/business/china-business/article/3317846/envision-launches-worlds-largest-green-hydrogen-ammonia-plant-inner-mongolia?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3317846/envision-launches-worlds-largest-green-hydrogen-ammonia-plant-inner-mongolia?utm_source=rss_feed Fri, 11 Jul 2025 07:17:09 +0000 Yujie Xue,Victoria Bela,Dannie Peng Yujie Xue,Victoria Bela,Dannie Peng China, the biggest maker of batteries for electric vehicles (EVs) and energy storage, is in a leading position in the new race to develop two new technologies – sodium-ion batteries and solid-state. The new technologies hold out the promise of lower costs, higher capacity and less fire risk than traditional lithium-ion batteries, which could boost adoption of EVs and renewable energy sources. Energy-storage batteries are vital in managing fluctuating power supplies from weather-dependent solar... https://www.scmp.com/plus/article/3317638/china-plugs-next-generation-batteries?utm_source=rss_feed https://www.scmp.com/plus/article/3317638/china-plugs-next-generation-batteries?utm_source=rss_feed Thu, 10 Jul 2025 07:00:07 +0000 Yujie Xue Yujie Xue China has ramped up offshore wind energy development, as the form of renewable energy aligns with Beijing’s goals of carbon neutrality, energy security and developing the marine economy to boost economic growth. China added more than 4.4 gigawatts (GW) of offshore wind capacity in the first six months of the year, the same amount it added in all of 2024, according to a report by the non-profit Global Energy Monitor (GEM) on Wednesday. The report said the country was expected to add at least 9GW... https://www.scmp.com/business/china-business/article/3317404/china-spins-offshore-wind-energy-beijing-promotes-marine-economy?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3317404/china-spins-offshore-wind-energy-beijing-promotes-marine-economy?utm_source=rss_feed Tue, 08 Jul 2025 23:30:07 +0000 Yujie Xue Yujie Xue Chinese electric vehicle (EV) maker Xpeng launched its G7 SUV on Thursday, sending another contender into a fierce battle in the premium SUV segment of the world’s largest EV market, where it joins Xiaomi’s recently introduced YU7 in taking on Tesla’s market-leading Model Y. Dubbed Xpeng’s first “Super AI [artificial intelligence] car”, the G7 starts at 195,800 yuan (US$27,325), with the top-of-the-line model selling for 225,800 yuan, the Guangzhou-headquartered company said during a launch... https://www.scmp.com/business/china-evs/article/3316862/xpeng-launches-g7-super-ai-suv-taking-xiaomi-yu7-and-tesla-model-y?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3316862/xpeng-launches-g7-super-ai-suv-taking-xiaomi-yu7-and-tesla-model-y?utm_source=rss_feed Thu, 03 Jul 2025 13:48:48 +0000 Yujie Xue Yujie Xue Mainland Chinese companies are expected to increasingly foray overseas to offset weak domestic demand and competition, with Beijing expected to support the trend via financial aid and tax subsidies to expand its global influence, Moody’s Ratings said in a report on Monday. The rating agency also expected more Chinese investments in sectors linked to critical resources like oil and gas, as well as commodities related to advanced technologies and clean energy stemming from China’s strategic goals... https://www.scmp.com/business/banking-finance/article/3316385/chinas-global-investment-surge-aims-counter-domestic-challenges-moodys-says?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3316385/chinas-global-investment-surge-aims-counter-domestic-challenges-moodys-says?utm_source=rss_feed Tue, 01 Jul 2025 08:30:16 +0000 Yujie Xue Yujie Xue The rain and gloomy skies during the SNEC PV Conference – the biggest in China’s solar-panel manufacturing industry – summed up the mood in the market, whose major players congregated in Shanghai earlier this month for the four-day annual event. The scale was noticeably smaller this year. Several leading companies opted out for a variety of reasons, including tight budgets. More tellingly, CEOs from major producers Longi Green Technology and Tongwei – keynote speakers last year – gave it a... https://www.scmp.com/business/china-business/article/3316074/cloudy-chance-bankruptcy-us-tariffs-hurt-chinas-solar-firms?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3316074/cloudy-chance-bankruptcy-us-tariffs-hurt-chinas-solar-firms?utm_source=rss_feed Sat, 28 Jun 2025 03:00:11 +0000 Luna Sun,Yujie Xue,Daniel Ren Luna Sun,Yujie Xue,Daniel Ren Early on in Ridley Scott’s 1982 science fiction film Blade Runner, LAPD officer Gaff (Edward James Olmos) sets down his Spinner flying car to pick up fellow officer Rick Deckard (Harrison Ford). He’s needed to hunt down a group of humanoid robots known as “replicants” who have gone rogue. The film is set in 2019 and when that year came, reality hadn’t caught up. In 2025, it’s getting closer. Humanoid robots can now perform humanlike tasks requiring complex movement, such as walking or carrying... https://www.scmp.com/plus/article/3316051/chinas-blade-runner-moment-androids-flying-cars-take?utm_source=rss_feed https://www.scmp.com/plus/article/3316051/chinas-blade-runner-moment-androids-flying-cars-take?utm_source=rss_feed Fri, 27 Jun 2025 05:15:44 +0000 Yujie Xue Yujie Xue China leads the world in converting decommissioned coal-mining sites into solar power projects, a trend that promises to advance the clean energy transition while potentially reducing a surplus of solar panels produced by struggling Chinese manufacturers, according to Global Energy Monitor (GEM). Conversion of surface-mined lands into solar-generation projects had surged in 15 countries, particularly over the past couple of years, the non-governmental organisation said in a report on... https://www.scmp.com/business/china-business/article/3314713/could-old-coal-mines-help-ease-chinas-solar-panel-overcapacity?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3314713/could-old-coal-mines-help-ease-chinas-solar-panel-overcapacity?utm_source=rss_feed Wed, 18 Jun 2025 00:00:09 +0000 Yujie Xue Yujie Xue Chinese automotive chip firm SemiDrive will start supplying its cockpit system-on-a-chip (SoC) to an undisclosed European carmaker late next year, marking its first collaboration on the continent to push for global sales, a senior executive said. The chips would be used in several of the carmaker’s models including sedans and SUVs produced and sold in the Europe, Middle East and Africa region, general manager Eugene Wang said. The vehicles were expected to feature its X9 SoC, which integrates... https://www.scmp.com/business/china-business/article/3314544/semidrive-supply-ev-cockpit-chips-european-carmaker-chinese-firms-go-global?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3314544/semidrive-supply-ev-cockpit-chips-european-carmaker-chinese-firms-go-global?utm_source=rss_feed Mon, 16 Jun 2025 23:30:08 +0000 Yujie Xue Yujie Xue Chinese smartphone and car maker Xiaomi has moved up the launch of its latest electric vehicle (EV) model amid strong consumer interest in the SUV, which is seen as a potential challenger to the dominance of Tesla’s Model Y. Sales of the YU7, the Beijing-based company’s second production model, would start at the end of this month instead of in July as previously planned, founder and CEO Lei Jun said in a post on Chinese social media platform Weibo on Monday. “We are making the preparations, and... https://www.scmp.com/business/china-evs/article/3314580/chinese-evs-xiaomi-accelerates-launch-tesla-model-y-rival-yu7-citing-strong-demand?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3314580/chinese-evs-xiaomi-accelerates-launch-tesla-model-y-rival-yu7-citing-strong-demand?utm_source=rss_feed Mon, 16 Jun 2025 07:00:08 +0000 Yujie Xue Yujie Xue Chinese solar and energy-storage companies will continue to press ahead with their overseas expansion with or without a long-term agreement on trade tariffs, as production abroad holds the key to their long-term survival, according to executives at China’s largest solar industry exhibition. Although the US and China reached a 90-day truce in their ongoing tariff war in May, solar panel exports from China and Southeast Asia to the US are still subject to tariffs of as much as 3,521 per cent, with... https://www.scmp.com/business/china-business/article/3314180/chinese-solar-firms-bank-overseas-expansion-ensure-survival-face-us-tariffs?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3314180/chinese-solar-firms-bank-overseas-expansion-ensure-survival-face-us-tariffs?utm_source=rss_feed Fri, 13 Jun 2025 00:30:11 +0000 Yujie Xue Yujie Xue China’s solar photovoltaic (PV) manufacturers are looking for solutions to years of price wars and losses at home amid excess capacity and waning demand as executives gathered in Shanghai to discuss the problems crippling the industry. They will get a chance to gauge the crisis as the financial hub plays host to the SNEC PV+ Photovoltaic Power Conference and Exhibition from Tuesday to Friday. The conference is the largest of its kind, attracting some 3,000 enterprises from more than 100... https://www.scmp.com/business/china-business/article/3313872/chinas-solar-pv-makers-seek-antidote-market-ills-glut-price-war-tariffs-sting?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3313872/chinas-solar-pv-makers-seek-antidote-market-ills-glut-price-war-tariffs-sting?utm_source=rss_feed Tue, 10 Jun 2025 10:05:54 +0000 Yujie Xue Yujie Xue Some of the world’s biggest carmakers are squaring off for a titanic battle over small cars in Europe, as native stalwarts like Volkswagen and Renault fight to maintain their hold on the market against an influx of cheap electric vehicles (EVs) from BYD and its Chinese peers. Last month, BYD, which surpassed Tesla last year as the world’s largest EV maker, launched its Dolphin Surf compact hatchback in Europe. The company’s most affordable model, known in China as the Seagull, is priced from... https://www.scmp.com/business/china-evs/article/3313439/how-byd-and-chinese-peers-are-transforming-europes-small-ev-market?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3313439/how-byd-and-chinese-peers-are-transforming-europes-small-ev-market?utm_source=rss_feed Sun, 08 Jun 2025 22:30:12 +0000 Yujie Xue Yujie Xue Chinese smartphone maker Xiaomi will start making money from its electric-vehicle (EV) venture by the end of this year, according to its founder and CEO Lei Jun, less than two years after rolling its first units off the assembly line, as demand surpassed expectations. Losses have narrowed, and the unit could become profitable by the third or fourth quarter, local media The Paper reported on Tuesday, quoting Lei during a presentation in Beijing. Xiaomi was confident about its sales following the... https://www.scmp.com/business/china-evs/article/3312930/xiaomis-ev-unit-become-profitable-year-ceo-lei-jun-says?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3312930/xiaomis-ev-unit-become-profitable-year-ceo-lei-jun-says?utm_source=rss_feed Tue, 03 Jun 2025 12:47:44 +0000 Yujie Xue Yujie Xue China’s electric vehicle (EV) makers have had a lot to contend with over the past week: slumping shares for market leader BYD, cooling sales and margins and a warning from authorities in Beijing amid a punishing price war. BYD’s Hong Kong-listed shares lost as much as 17 per cent of their market value, or HK$122.3 billion (US$15.6 billion), on Monday after falling to HK$378.20 from an all-time high of HK$477.80 on May 23. The company’s shares recovered 4 per cent on Tuesday. Analysts attributed... https://www.scmp.com/business/china-evs/article/3312883/china-evs-byd-triggered-price-war-raises-fears-evergrande-liquidity-crisis?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3312883/china-evs-byd-triggered-price-war-raises-fears-evergrande-liquidity-crisis?utm_source=rss_feed Tue, 03 Jun 2025 08:25:20 +0000 Daniel Ren,Yujie Xue Daniel Ren,Yujie Xue China’s Hesai Group, the world’s largest maker of automotive lidar sensors, plans to open its first plant outside the mainland in Southeast Asia next year. Chief financial officer Andrew Fan said on Wednesday the Shanghai-based company recently signed a land lease for the factory, with construction set to start later this year and production in late 2026. He did not give details. The factory will supply light detection and ranging sensors – which employ laser beams to measure distances to... https://www.scmp.com/business/china-business/article/3312164/chinese-lidar-maker-hesai-open-first-overseas-plant-southeast-asia-next-year?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3312164/chinese-lidar-maker-hesai-open-first-overseas-plant-southeast-asia-next-year?utm_source=rss_feed Thu, 29 May 2025 00:30:15 +0000 Yujie Xue Yujie Xue Xiamen Hithium Energy Storage Technology, the world’s third-largest energy storage system (ESS) battery manufacturer, is ramping up production overseas in response to heightened US-China tensions and rising tariffs impacting Chinese exports. Hithium plans to start production at its Texas factory in the second half of this year and hire at least 200 staff locally, said Sun Minghuang, the director of strategic marketing, in an exclusive interview. “We are determined to go global, and localisation... https://www.scmp.com/business/china-business/article/3312121/chinese-battery-maker-hithium-expands-global-footprint-amid-us-china-rift-rising-demand?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3312121/chinese-battery-maker-hithium-expands-global-footprint-amid-us-china-rift-rising-demand?utm_source=rss_feed Wed, 28 May 2025 23:30:08 +0000 Yujie Xue,Daniel Ren Yujie Xue,Daniel Ren BYD’s decision over the weekend to cut prices on 22 models to promote sales has cast a pall over the earnings outlooks of Chinese electric vehicle (EV) makers, as many competitors are expected to follow suit in an effort to retain market share. BYD’s Hong Kong-listed shares lost 7.5 per cent to close at HK$425.20 on Monday. Xpeng saw its shares close 3.4 per cent lower at HK$75.35, while Li Auto closed 3.2 per cent lower at HK$109.90. And Geely shares fell 6.7 per cent to close at HK$18.38. On... https://www.scmp.com/business/china-evs/article/3311834/byds-price-cuts-shock-chinas-ev-market-spark-fears-price-war-escalation?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3311834/byds-price-cuts-shock-chinas-ev-market-spark-fears-price-war-escalation?utm_source=rss_feed Mon, 26 May 2025 09:30:25 +0000 Yujie Xue Yujie Xue French carmaker Renault Group is using its Chinese development centre to design new models aimed at markets beyond Europe, a senior executive said, as the company seeks to cut production costs and accelerate development by applying insights from the mainland market. The company launched its Advanced China Development Centre (ACDC) in Shanghai last year, which employs around 200 people who are focused on developing electric vehicles (EVs) for the European market. “ACDC is growing into a very... https://www.scmp.com/business/banking-finance/article/3311710/renault-leverages-shanghai-development-centre-cars-aimed-markets-outside-europe?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3311710/renault-leverages-shanghai-development-centre-cars-aimed-markets-outside-europe?utm_source=rss_feed Sun, 25 May 2025 22:00:35 +0000 Yujie Xue Yujie Xue BYD sold more battery electric vehicles (BEVs) than market leader Tesla in Europe for the first time last month, as the Chinese carmaker continued to make inroads despite hefty tariffs on cars imported from the mainland. Shenzhen-based BYD, which also makes plug-in hybrids (PHEVs), sold 7,231 BEVs in April, a year-on-year increase of 169 per cent, according to data compiled by market research firm Jato Dynamics from 28 countries in Europe. Tesla’s sales fell 49 per cent to 7,165 units in the... https://www.scmp.com/business/china-evs/article/3311499/byd-overtakes-tesla-europe-first-time-battery-ev-sales-jump-169-april?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3311499/byd-overtakes-tesla-europe-first-time-battery-ev-sales-jump-169-april?utm_source=rss_feed Fri, 23 May 2025 05:01:43 +0000 Yujie Xue Yujie Xue Flying taxis could be used for public transport within the next five years on the mainland, according to a senior executive of Chinese passenger drone maker EHang Holdings. “I believe that by 2030, China will likely have fixed-route air shuttle services,” chief financial officer Conor Yang said in an interview on Tuesday. “It’s also possible that in some cities, with sufficient infrastructure such as take-off and landing points, air taxi services could emerge.” The Nasdaq-listed developer of... https://www.scmp.com/business/china-business/article/3311216/chinese-drone-maker-ehang-sees-flying-taxis-take-2030-mainland?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3311216/chinese-drone-maker-ehang-sees-flying-taxis-take-2030-mainland?utm_source=rss_feed Wed, 21 May 2025 23:30:08 +0000 Yujie Xue Yujie Xue Mainland electric vehicle (EV) maker Leapmotor’s European production is expected to be moved to a Stellantis factory in Spain, Germany, Italy or Slovakia after the Dutch firm stopped making its Chinese partner’s cars in Poland earlier this year. Leapmotor and Stellantis were likely to make a decision on the matter in June or July, with the goal of commencing production around the middle of next year, said Michael Wu, Leapmotor’s co-president, in an interview on Monday. This was the first time... https://www.scmp.com/business/banking-finance/article/3310931/stellantis-relocating-chinese-ev-maker-leapmotors-european-production-poland?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3310931/stellantis-relocating-chinese-ev-maker-leapmotors-european-production-poland?utm_source=rss_feed Mon, 19 May 2025 09:45:15 +0000 Yujie Xue Yujie Xue Contemporary Amperex Technology Company (CATL), the world’s largest maker of electric vehicle (EV) batteries, aims to be a leading technology provider in China’s green energy sectors as it prepares to complete the world’s biggest stock offering so far this year. The group last year established CharGo to develop mobile storage and charging and testing robots for EVs to diversify its business. The robots can be used wherever EV charging piles or stations are lacking, fully occupied or out of... https://www.scmp.com/business/china-business/article/3310793/ev-battery-maker-catl-seeks-new-growth-clean-tech-ahead-hong-kong-listing?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3310793/ev-battery-maker-catl-seeks-new-growth-clean-tech-ahead-hong-kong-listing?utm_source=rss_feed Sun, 18 May 2025 07:00:11 +0000 Yujie Xue,Daniel Ren Yujie Xue,Daniel Ren Some of China’s biggest carmakers, from the iconic Hongqi or Red Flag to Geely Auto and Tesla rival Xpeng, are competing on a new front – flying cars – to build a first-mover advantage as sales of electric vehicles begin to saturate. Front-runners like AeroHT, an affiliate of Xpeng, are edging closer to commercialising their drone businesses amid Beijing’s support for the so-called low-altitude mobility economy, spearheading innovations in the global air-travel industry. AeroHT last week filed... https://www.scmp.com/business/china-business/article/3310367/chinese-carmakers-race-build-early-advantage-flying-car-ventures-after-ev-rivalry?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3310367/chinese-carmakers-race-build-early-advantage-flying-car-ventures-after-ev-rivalry?utm_source=rss_feed Thu, 15 May 2025 00:00:33 +0000 Yujie Xue,Daniel Ren Yujie Xue,Daniel Ren Lower tariffs on Chinese goods are likely to keep auto-parts exports relatively attractive for American buyers, prompting mainland-based producers to reassess their plans to build production facilities in the US. The US agreed to lower its combined 145 per cent tariffs on most Chinese imports to 30 per cent for 90 days after talks in Geneva on Monday, cooling a stand-off between the world’s two biggest economies since US President Donald Trump rolled out his so-called reciprocal tariffs on the... https://www.scmp.com/business/banking-finance/article/3310061/tariff-flux-clouds-chinese-car-parts-makers-overseas-expansion-plans?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3310061/tariff-flux-clouds-chinese-car-parts-makers-overseas-expansion-plans?utm_source=rss_feed Tue, 13 May 2025 23:30:07 +0000 Yujie Xue Yujie Xue Sany Heavy Industry, one of China’s largest heavy equipment manufacturers, plans to use the sum of up to US$1.5 billion that it could raise in a proposed Hong Kong initial public offering (IPO) to support global expansion, despite ongoing trade tensions between China and the US, according to an executive. The Shanghai-listed company will use the capital to expand its sales and service networks outside China, Jiang Qingbin, vice-president of parent company Sany Group told the Post on Friday. The... https://www.scmp.com/business/banking-finance/article/3309810/heavy-equipment-maker-sany-eyes-doubling-overseas-revenue-after-hong-kong-ipo?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3309810/heavy-equipment-maker-sany-eyes-doubling-overseas-revenue-after-hong-kong-ipo?utm_source=rss_feed Sun, 11 May 2025 03:00:14 +0000 Yujie Xue Yujie Xue Carmakers including BMW, Toyota and Mercedes-Benz are recalling a total of 69,793 vehicles in China due to potential safety risks, according to the market regulator, as authorities heighten safety oversight in the industry following a recent fatal crash involving a Xiaomi electric vehicle (EV). From June 25, BMW’s China unit would recall 26,766 domestically produced vehicles and 80 imported cars due to a defect in the power connector that could pose a fire hazard, the State Administration for... https://www.scmp.com/business/china-evs/article/3309861/bmw-toyota-mercedes-benz-recall-nearly-70000-vehicles-china-over-safety-concerns?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3309861/bmw-toyota-mercedes-benz-recall-nearly-70000-vehicles-china-over-safety-concerns?utm_source=rss_feed Sat, 10 May 2025 11:30:05 +0000 Yujie Xue Yujie Xue Chinese robotaxi company Pony.ai is teaming up with US ride-sharing services provider Uber Technologies to launch driverless taxis in the Middle East later this year, as the auto industry’s push for autonomous driving gains momentum. The two companies will first deploy Pony.ai’s robotaxis on Uber’s platform in a key market in the region, according to a joint statement on Tuesday, which did not specify any specific country. There are plans for expansion in more international markets, it added... https://www.scmp.com/business/china-evs/article/3309296/ponyai-uber-offer-robotaxis-middle-east-push-new-markets?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3309296/ponyai-uber-offer-robotaxis-middle-east-push-new-markets?utm_source=rss_feed Tue, 06 May 2025 12:15:07 +0000 Daniel Ren,Yujie Xue Daniel Ren,Yujie Xue Foreign carmakers from Volkswagen to General Motors (GM) and Nissan are fighting back in mainland China as they unveiled new electric vehicle (EV) models at the Auto Shanghai trade show, after losing their share to local rivals in the world’s largest automotive market. The carmakers are banking on Chinese EV technologies to make their products “more electric and intelligent” so they can ramp up deliveries and catch up with indigenous brands that have seized more than 90 per cent of the EV... https://www.scmp.com/business/china-business/article/3308575/volkswagen-gm-nissan-adopt-chinese-technology-they-strive-win-back-ev-market-share?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3308575/volkswagen-gm-nissan-adopt-chinese-technology-they-strive-win-back-ev-market-share?utm_source=rss_feed Thu, 01 May 2025 00:30:16 +0000 Yujie Xue Yujie Xue China accounted for more than a third of global hydrogen output last year, making it possibly the biggest producer as the country reached a critical point to push for large-scale projects. The country produced about 36.5 million tons of hydrogen last year, the National Energy Administration (NEA) said in a report on Monday. Fossil fuel-based hydrogen remains the dominant source, accounting for 56 per cent of the production, while hydrogen generated through electrolysis process amounted to only... https://www.scmp.com/business/climate-and-energy/article/3308367/china-leads-global-hydrogen-production-amid-clean-energy-race?utm_source=rss_feed https://www.scmp.com/business/climate-and-energy/article/3308367/china-leads-global-hydrogen-production-amid-clean-energy-race?utm_source=rss_feed Tue, 29 Apr 2025 10:00:20 +0000 Eric Ng,Yujie Xue Eric Ng,Yujie Xue After a cat-and-mouse tariff game over the past 13 years, the rivalry between the US and China in the global solar panel industry is heading for crunch time. The latest threat by US President Donald Trump to impose a fresh round of heavy duties on solar cells and modules shipped from four Southeast Asia nations – allegedly produced with “transnational subsidies” from Beijing – could land a major blow to the trade dominated by Chinese companies. The tariffs of up to 3,521 per cent if confirmed by... https://www.scmp.com/news/us/economy-trade-business/article/3307948/can-chinese-solar-cell-producers-dodge-trumps-looming-3521-import-tariffs?utm_source=rss_feed https://www.scmp.com/news/us/economy-trade-business/article/3307948/can-chinese-solar-cell-producers-dodge-trumps-looming-3521-import-tariffs?utm_source=rss_feed Sat, 26 Apr 2025 03:00:12 +0000 Daniel Ren,Yujie Xue Daniel Ren,Yujie Xue Pure electric vehicles (EVs) are regaining their lost ground in mainland China as new battery technologies ease range anxiety while lower lithium prices make it increasingly affordable for consumers to own environmentally friendly cars. Sales of pure electric cars, also known as battery EVs (BEVs), reached 1.93 million units in the first quarter, a 48 per cent surge from a year earlier, according to the China Association of Automobile Manufacturers. Sales of plug-in hybrid cars jumped 46 per... https://www.scmp.com/business/china-business/article/3307977/china-pure-evs-regain-market-leadership-lithium-cost-battery-technology?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3307977/china-pure-evs-regain-market-leadership-lithium-cost-battery-technology?utm_source=rss_feed Fri, 25 Apr 2025 12:26:54 +0000 Yujie Xue,Daniel Ren Yujie Xue,Daniel Ren Carmakers and supply-chain players have overhauled their rhetoric around autonomous driving – make that “driver assistance” – at China’s largest auto show, emphasising safety following Beijing’s promise of closer scrutiny after a fatal crash involving a Xiaomi electric vehicle (EV). Although companies continue to showcase their latest vehicles and systems at the 10-day Shanghai auto show that kicked off on Wednesday, terms like “navigate on autopilot” (NOA) and “advanced driver assistance” have... https://www.scmp.com/business/china-business/article/3307812/chinese-carmakers-put-brakes-autonomous-driving-hype-shanghai-show?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3307812/chinese-carmakers-put-brakes-autonomous-driving-hype-shanghai-show?utm_source=rss_feed Thu, 24 Apr 2025 12:37:26 +0000 Daniel Ren,Yujie Xue Daniel Ren,Yujie Xue At least 15 companies did not show up at this year’s Shanghai Auto Show, adding to evidence that cutthroat competition and rapid consumer movement toward electric vehicles (EVs) are edging more players out of the world’s largest car market. International marques including Hyundai and Lamborghini as well as Chinese EV start-ups Hozon Auto and Jiyue did not participate in the world’s largest auto event, which started on Wednesday. The absences suggest that these companies may be grappling with... https://www.scmp.com/business/china-business/article/3307649/no-shows-shanghai-car-expo-reflect-brutal-competition-mainland-market?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3307649/no-shows-shanghai-car-expo-reflect-brutal-competition-mainland-market?utm_source=rss_feed Wed, 23 Apr 2025 13:45:54 +0000 Yujie Xue Yujie Xue Chinese autonomous-driving firm Pony.ai said it plans to expand its robotaxi services globally, taking advantage of the lower cost of production enabled by the nation’s leadership in the automotive industry. James Peng, chairman and CEO of Pony.ai, said the company’s robotaxis were 20 to 30 per cent cheaper than those from US rival Alphabet’s self-driving unit Waymo. “Our biggest advantage compared with companies like Waymo is that we’re much more integrated,” Peng told the Post during an... https://www.scmp.com/business/china-business/article/3307623/chinese-robotaxi-firm-ponyai-eyes-global-expansion-unveils-3-models-shanghai-car-show?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3307623/chinese-robotaxi-firm-ponyai-eyes-global-expansion-unveils-3-models-shanghai-car-show?utm_source=rss_feed Wed, 23 Apr 2025 10:30:16 +0000 Yujie Xue Yujie Xue China’s energy-storage industry is facing a challenging outlook this year due to the escalating US-China trade war and weaker government support, prompting one industry group to caution against price competition. With exports to its biggest market in the US likely to be hit by higher tariffs, the nation’s producers are projected to trim their capital expenditure by 10 to 20 per cent this year, according to consultancy WaterRock Energy Economics. As a result, annual expansion of battery... https://www.scmp.com/business/china-business/article/3307462/chinas-troubled-energy-storage-sector-reels-price-war-tariff-blows?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3307462/chinas-troubled-energy-storage-sector-reels-price-war-tariff-blows?utm_source=rss_feed Wed, 23 Apr 2025 01:30:17 +0000