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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’s 2025 sales volume of lithium-ion batteries rose 39 per cent from the previous year. Photo: AFP
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.

Style Edit

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

Automotive industry

Iran war oil shock accelerates Southeast Asia’s EV revolution

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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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A China-Europe goods train departs from Tongjiang, Heilongjiang province, on December 9, 2025. Photo: Xinhua
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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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.

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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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Beijing’s draft budget announcement shows it is positioning frontiers such as satellite internet as China’s future industries. Photo: Xinhua
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.

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.

Geely’s Xingyuan was the top-selling EV in China last year. Photo: Weibo
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’.

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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Robots at the Nvidia booth at the third China International Supply Chain Expo in Beijing in July 2025. Photo: Xinhua
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.

People shop for electric vehicles at a store in Wan Chai on February 26, after the financial secretary said subsidies for private EVs would not be renewed. Photo: Jelly Tse
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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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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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.

EVs account for 16 per cent of the total number of vehicles in Hong Kong. Photo: Jelly Tse
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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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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Geely’s Xingyuan was the top-selling EV on the mainland last year. Photo: Weibo
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.

Future of transport

China bets on electric ships in push to decarbonise waterways, expand EV success

Twin strengths, battery technology and shipbuilding, are being fused to electrify maritime transport, moving beyond short-haul passenger vessels to commercial cargo.

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Science

EU bans Chinese organisations from critical tech programmes, including AI, chips

Chinese space scientist Wu Ji doubts the policy will hurt China much and may instead ‘make Europe appear more isolated’.

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The EU has barred most organisations based in China from applying for its Horizon Europe grants in “critical areas”. Image: Shutterstock
China economy

Opinion | How the next China shock is shaping hearts and minds

No longer confined to trade and technology, competition between China and the West is now playing out in the realm of cultural imagination.

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Illustration: Craig Stephens
Mainland China

Geely’s Zeekr shifts into Italy as China’s European EV push gathers speed

The carmaker is pressing ahead despite tariffs on Chinese electric vehicles, betting on demand for high-spec models.

China’s private sector

Speed bump ahead: rising battery costs nudge Chinese drivers towards hybrids

Higher lithium prices and the end of incentives are reshaping China’s EV market, with hybrids emerging as a more practical option for many.

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