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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.
CATL shares surged 9 per cent on Wednesday, following another 9 per cent gain the previous day. Photo: AFP
CATL

CATL profit jump fuels Hong Kong battery stocks amid global energy storage boom

The company’s strong results and energy storage push spark gains for battery makers listed in Hong Kong and mainland China.

Geely

Geely beats BYD sales in first 2 months of 2026 to become China’s top carmaker

Automotive industry

Chinese EV maker Nio forecasts surge in deliveries after first quarterly profit

China-EU relations

Why the ‘China threat’ was barely mentioned in Germany’s latest state election

Baden-Wurttemberg’s car industry is facing steep job losses amid intense Chinese competition. But local candidates largely avoided blaming China.

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Candidates in the Baden-Wurttemberg state election attend a press conference in Stuttgart after the release of exit polls on March 8. Photo: AFP
US-China trade war

US to counter China’s critical minerals dominance with innovative upgrades

New improvements in recycling electronic waste, refining and processing can close the gap on China, says Department of Energy official.

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CATL

China’s CATL profit surges 42% as global market share soars to all-time high

Surging demand solidifies CATL’s position as world’s top EV battery manufacturer for ninth consecutive year.

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Style Edit

Style Edit: BMW iX3 rewrites the EV rule book on range and sustainability

Based on the carmaker’s Neue Klasse platform, the new model has a sleek design, advanced tech and 805km range, all while cutting emissions.

The iX3 50 xDrive: BMW has completely rewritten the new car’s design language, dramatically upgrading everything from aesthetics to electronics to sustainability. Photo: Handout
Automotive industry

Iran war oil shock accelerates Southeast Asia’s EV revolution

Southeast Asia was already going electric. Then war broke out in the Middle East and it started going faster.

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China-EU relations

Opinion | How Europe and China can rise above paralysis and mistrust

Together, Brussels and Beijing can reshape global power into a balance where Europe matters and China gains legitimacy as a responsible power.

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Mainland China

Top Chinese EV makers are selling more cars overseas than at home

Top EV makers such as BYD, Great Wall Motor and Chery are selling more cars in overseas markets than at home.

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Last month, BYD sold 100,600 units overseas, 53 per cent of its total. Photo: AFP
BYD

China’s BYD looks to make EV charging as fast as filling up with petrol

Company says its new Blade Battery 2.0 can be charged from 10 per cent to 70 per cent in 5 minutes.

BYD’s new Blade Battery 2.0 could help end range anxiety, the company’s chairman, Wang Chuanfu, told a live-streamed event on Thursday. Photo: Weibo
Science

China boosts science budget: is it listening to everything Elon Musk says?

Beijing says greater allocation reflects importance of science and tech self-reliance in driving China’s economy and its rivalry with the US.

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China exports

Chinese companies expand globally

Chinese firms are investing in overseas factories and marketing to develop global brands. Domestic price wars are pushing more companies to go global – “chuhai” in Chinese – in search of new growth opportunities.

China technology

Editorial | China steps up its clean energy push with electric ships

As the world’s largest shipbuilder and a leader in EVs and advanced batteries, the country is well placed to help clean up the polluting shipping industry.

The Gezhouba, China’s biggest all-electric bulk carrier, being launched in Yichang, Hubei province, on October 23, 2025. Photo: Xinhua
CATL

China’s EV battery leader CATL to step up use of AI in R&D: founder

Billionaire Robin Zeng Yuqun promises higher investment, touts ‘resilient supply chain and ecosystem’ driving export growth.

A CATL battery design is displayed at an automotive trade show in Munich on September 5, 2023. Photo: Xinhua
SCMP Highlights

Low-cost models rule China sales; Geely’s bets amid price wars: 7 EV reads

From rising battery costs to Xpeng’s CEO calling to skip a step in self-driving cars, here are seven EV stories you may have missed.

China energy security

As US-Iran war threatens oil supplies, will China speed up its green transition?

Beijing is still dependent on fossil fuels but Washington’s recent interventions may prompt officials to fast-track shift, analysts say.

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Autonomous vehicles

China should skip a step in self-driving cars, Xpeng CEO says

He Xiaopeng urges Beijing to clear way for a leap ahead in autonomous driving technology – a jump he promises to propose at the ‘two sessions’.

The Next P7, an electric vehicle from Xpeng, appears at the Indonesian International Motor Show in Jakarta on February 5, 2026. Photo: AP Photo
China trade

China supply chain expo set to welcome more US firms, launch AI section

Amid trade tensions, China Council for the Promotion of International Trade describes business communities as a ‘bridge’ for exchanges.

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Hong Kong budget 2026-27

Editorial | EVs in Hong Kong must compete on their own merits

The decision to end tax breaks for private electric cars is part of the necessary transition from incentives to market-driven growth.

Belt and Road Initiative

China poised to earn vast profits from global energy transition: analysts

Chinese firms are in pole position to benefit from a wave of investment in clean energy infrastructure that could be worth trillions of US dollars.

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Workers check solar panels installed on a lake in China’s central Anhui province. Photo: AFP
Hong Kong environmental issues

Opinion | The high price of Hong Kong’s slow switch to electric buses and taxis

Slow electrification undermines the city’s green ambitions and squanders a chance to secure its role as a Greater Bay Area innovation hub.

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Taxis and buses outside Tai Wai MTR station on July 14, 2024. Photo: Sam Tsang
Hong Kong budget 2026-27

Commercial EV use needs boost after car owner tax break ends, green groups say

Environmentalists back move to end first registration tax concessions for private electric cars, say focus must pivot to businesses.

Autonomous vehicles

Breakthrough or hype? How WeRide aims to edge rivals in crowded robotaxi field

WeRide says its world model has slashed costs to support global expansion, but investors question if it can deliver a lasting advantage.

China-Germany relations

Merz’s China tightrope: German leader has warm words, hard questions for Beijing

German chancellor strikes diplomatic tone in Beijing meetings while pushing his hosts on subsidies, currency devaluation and Russia.

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German Chancellor Friedrich Merz and Chinese President Xi Jinping in Beijing on Wednesday. Photo: AP
Automotive industry

China’s Geely bets on longer-range, faster-charging tech over fresh EV price war

‘We promise to compete based on technology, quality, brand, service and corporate ethics,’ Geely Auto CEO says.

Technicians are seen working at the assembly line of Geely Auto’s Changxing plant in Huzhou, eastern Zhejiang province. Photo: VCG via Getty Images
Mainland China

Low-cost models dominate China EV sales, surpassing Tesla and BYD

Geely’s and Wuling’s sub-100,000 yuan battery EVs ranked first and second in mainland China last year, each selling over 400,000 units.

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Insurance

China’s EV insurers move towards profitability on higher premiums, AI adoption

Chinese insurers are turning to AI as the technology cuts labour costs and enhances pricing accuracy.

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