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Electric & new energy vehicles

Electric & new energy vehicles
Latest news, in-depth features and opinion on electric & new energy vehicles, with a particular focus on China.
An eVTOL vehicle from AutoFlight Group is designed to hover like a helicopter but transition to winged flight for horizontal movement. Photo: Handout
Automotive industry

China’s flying car makers aim for deliveries this year as passenger use nears

China’s ‘low-altitude economy’ is shifting from concept demos to commercial planning amid surging orders.

US-China trade war

Beijing-Ottawa deal reinforces China’s dominance in EV industry, analysts say

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SCMP Highlights

Chinese carmakers eye Western markets, China-EU dispute progress: 7 EV reads

Automotive industry

Editorial | China’s EV industry should focus on consolidation at home, expansion abroad

With Beijing discouraging ‘irrational competition’, the fewer brands with greater scale that emerge from the consolidation wave should look to opportunities abroad.

Workers assemble Zeekr models at a plant in Ningbo, Zhejiang province, on April 17, 2025. Photo: AP
China manufacturing

Chinese EV makers’ outlook overseas improves as Europe levels the playing field

Europe’s 33 per cent EV sales growth outpaces the mainland in 2025, while Germany launches a US$3.5 billion subsidy programme.

HKEX

New energy, AI, EV and biotech to drive Hong Kong IPO growth: HKEX

11 companies raised US$4 billion in Hong Kong in the first three weeks of 2026, with hundreds more lining up to list, Bonnie Chan says.

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Future of transport

Chinese automotive suppliers speed up localisation to boost global market share

International carmakers’ orders from Chinese vendors are an endorsement of the quality and competitiveness of their products, analyst says.

BYD’s plant in Zhengzhou, central China’s Henan province. Photo: Xinhua
China-EU relations

Editorial | China-EU compromise over EVs bodes well for trade and overall ties

With the Trump administration turning aggressive towards allies and foes alike, Beijing and Brussels have more reasons to work together.

Energy

Opinion | Clean energy works at scale. Now it must be coordinated

The next decade will be defined not only by new clean energy capacity, but by how well grids, storage and demand systems are connected and optimised.

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Automotive industry

Chinese electric vehicle makers eye Western markets as trade barriers fall

Canada will drop the 100 per cent punitive tariffs on Chinese-made pure electric cars while setting an annual import quota of 49,000 units.

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Ora cars from Great Wall Motor are parked in a parking lot at JadeWeserPort in Germany. Photo: dpa
China economy

China’s AI and EV boom drives record power demand, widening energy gap with US

The main drivers of the growth are the tertiary sector – covering services including AI cloud services – and residential use.

A drone photo taken on December 16, 2025 shows workers on a power transmission line in east China’s Anhui Province. Photo: Xinhua
US-China relations

Tesla’s defeat, Harvard’s success, Beijing’s shock: 7 US-China relations reads

From China’s EV power to Hegseth’s new threat, here are highlights from the SCMP’s overseas correspondents in the first half of January 2026.

US-China trade war

AI is reshaping US-China tech race – can electricity tilt the balance?

Already home to world’s largest power system, Beijing moves to lock in advantage through record investment.

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China trade

Canada, China hit reset button on relations with tariff agreement

Canadian Prime Minister Mark Carney announced the deal, which features a mutual reduction in tariffs on goods, including Chinese EVs.

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Canada’s Prime Minister Mark Carney speaks to the media at Ritan Park in Beijing. Photo: Reuters
Automotive industry

China’s subsidy change adds to EV makers’ stress, while petrol cars gain

Typical subsidy on an EV drops by around US$1,150, changing buyer calculations and exacerbating the sector’s profitability woes.

Customers check out an EV at a shopping center in Wuhan, in central China’s Hubei province, on January 14, 2026. Photo: Xinhua
European Union

China-EU tariff consensus on EVs will cut shipments but boost profits

Agreement on price floors will allow mainland carmakers to avoid price wars and nurture brand reputation, analysts say.

Mainland China

China’s EV makers face slowdown in export growth after doubling in 2025

Chinese carmakers sold more than 2.6 million units to overseas markets last year, up 104 per cent from a year earlier, association says.

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China economy

Opinion | China’s new property pivot is coming. Expect full stabilisation ahead

As property curbs to boost spending hit practical limits, a push to stabilise assets is now being seen as a prerequisite for consumer confidence.

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Home buyers shop at a pre-sale property in Yangxin county, Binzhou city, in eastern China’s Shandong province, on February 23. Photo: CFOTO/Future Publishing via Getty Images
US-China relations

As I see it | The Chinese century may already be here

International competition will be won by nations with steady and realistic policies guided by a vision, not the ones indulging in cowboy militarism.

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China energy security

Can China’s cheap, renewable energy help it outrun the US in the AI race?

China’s energy buildout means cheap, green and reliable electricity fuels its manufacturing and tech industries, giving it an edge over rivals.

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China-EU relations

Opinion | EU-China ties are stuck between interdependence and rivalry

To break the pattern of trade escalations with Beijing, Brussels must move beyond tariffs and invest in its own competitiveness.

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Employees work on the assembly line of vehicles at a workshop of FAW-Volkswagen on December 9, 2025, in Chengdu in China’s Sichuan province. Photo: VCG via Getty Images
China-EU relations

EU pricing guidelines for China-made EVs

The European Commission published guidance for carmakers that want to set a minimum price for China-made battery electric vehicles instead of paying tariffs.

Photo: AFP
IPO

Xpeng’s flying car unit readies Hong Kong IPO for take-off

Aridge, formerly AeroHT, eyes listing this year as it aims to accelerate its efforts in the low-altitude market, sources say.

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China-EU relations

‘Soft landing’: China, EU see progress in EV dispute with price floor option

Breakthrough follows duties levied by Brussels in October 2024 as part of investigation into industry subsidies.

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China trade

China pledges green-energy push with Global South, signals wider market opening

Sixth entry in Communist Party mouthpiece’s editorial series calls domestic market ‘world’s rarest resource’, vows supply-chain support to aid industrialisation.

Solar panels are seen in May at the China-Africa Green Technology Park in Mauritania. Solar panels and microgrid projects built by Chinese firms in Africa have electrified local communities, according to a People’s Daily commentary. Photo: Xinhua
Japan

Japan launches world’s first mission to lift rare earth from deep sea

Tokyo has been reducing its dependence on China for the critical minerals amid a major diplomatic dispute with Beijing.

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Japan’s deep-sea drilling vessel Chikyu is anchored at a pier in Shimizu port, Shizuoka prefecture, in 2013. Photo: AFP
China exports

Goodwill or necessity? Why is China slashing solar and battery subsidies?

Analysts expect policy will signal to Europe that Beijing is interested in serious trade relations and is a good partner.

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Future of transport

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

Launch of new G7 edition underscores Xpeng’s go-global push and rising competition with Tesla and BYD.

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