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BYD
Electric & new energy vehicles
China carmakers eye record 12 million global sales in 2026 as EV demand surges
Buoyant overseas sales could also cushion against a weak domestic market, which slumped 20 per cent in the first eight months of the year.
4 hours ago
SCMP Highlights
Tesla audits Chinese suppliers, China outlines 2030 battery goal: 7 EV reads
30 Sep 2026 - 3:15PM
Electric & new energy vehicles
VW, Gotion deepen ties with US$3.7b commitment to EV battery production
28 Sep 2026 - 10:28PM
Electric & new energy vehicles
China’s Nio and Geely deepen commitment to EV battery swapping tech
Deal that values Nio’s swapping subsidiary at US$2.4 billion clears way for the companies to develop unified standards.
28 Sep 2026 - 4:02PM
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A driver prepares to change his car’s battery at a Nio swapping station at a service area in Ningbo city, in eastern China’s Zhejiang province, on March 24, 2025. Photo: Simon Song
ESG investing
Hong Kong tycoon-backed firm challenges energy-storage giants with new battery
Co-founded by Peter Lee’s family office, EnerVenue has opened a facility in mainland China to scale its nickel-hydrogen batteries.
26 Sep 2026 - 4:00PM
Electric & new energy vehicles
China’s EV and battery makers tussle over lithium-ion tax: sources
Squeezed EV makers object to eating the cost, and negotiations on splitting the tax continue weeks after its official resumption, sources say.
25 Sep 2026 - 8:00AM
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Electric & new energy vehicles
Chinese EV battery giant CATL starts trial production in Hungary
Analyst says development could see it secure massive orders from global marques such as BMW and Volkswagen.
23 Sep 2026 - 2:00PM
The CATL exhibition hall. as this month’s World Power Battery Conference in Yibin, Sichuan province. Photo: Xinhua
CATL
Despite stock stress, CATL set to retain EV battery dominance in China: analysts
CATL’s tech edge and brand safeguard its EV battery lead, though carmakers are seeking alternative suppliers.
21 Sep 2026 - 4:53PM
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Electric & new energy vehicles
Tesla auditing Chinese suppliers ahead of Optimus roll-out: sources
The supplier audits come as Elon Musk’s firm aims to quickly ramp up production of its Optimus humanoid robot after its release later this year.
18 Sep 2026 - 8:44PM
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SCMP Highlights
Tesla’s China discounts; Iran war drives shift to electric cars: 7 EV reads
From China’s powerhouse plan for its car industry to Tesla’s rare-earth-free motor, here are seven EV stories you may have missed.
16 Sep 2026 - 3:30PM
Automotive industry
Chinese carmakers GAC and FAW eye potential tie-up of their Toyota operations
The planned deal is seen as a precedent for cross-regional consolidation amid China’s efficiency push, analysts say.
15 Sep 2026 - 5:51PM
An Aion electric SUV from Chinese automaker Guangzhou Automobile Group. Photo: Xinhua
Electric & new energy vehicles
‘Key pillar’: the 5-year powerhouse plan for China’s car industry
Beijing’s outline calls for boosting domestic market and innovation while controlling capacity to avoid involution effects.
1 Oct 2026 - 11:30AM
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Business of climate change
Exclusive
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Beijing freezes plant approvals for energy-storage batteries
‘Dozens of new projects in the pipeline sparked policymakers’ fears about redundancies,’ analyst says.
11 Sep 2026 - 7:48PM
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Electric & new energy vehicles
Foreign marques offer steep discounts on petrol cars in cutthroat Chinese market
With more consumers switching to electric vehicles, companies including VW and Toyota are slashing prices on lower-tech offerings.
11 Sep 2026 - 9:45AM
Electric & new energy vehicles
Over 65% of cars sold in China are now EVs as Iran war drives electric shift
China’s electric vehicle adoption rate has hit yet another record high, as rising fuel prices accelerate the pivot away from petrol cars.
10 Sep 2026 - 9:00AM
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Traffic is gridlocked during the morning rush hour on a sunny day in Beijing. Photo: Reuters
Business of climate change
‘Misunderstandings’ arise: Chinese energy firms call for stable rules overseas
Sungrow, EVE Energy say bans, probes and shifting rules abroad expose the fragility of their long-term energy investments.
9 Sep 2026 - 4:00PM
Electric & new energy vehicles
Market squeeze: Tesla revives China price cuts to stem slumping deliveries
The discounts underscore Tesla’s sliding output and fading demand, as analysts warn of intensifying EV price battles.
7 Sep 2026 - 6:21PM
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Electric & new energy vehicles
Why are EV battery makers’ profits nearly double that of industry’s carmakers?
Leading electric vehicle battery makers’ profits by far outpace the industry’s carmakers in first half.
7 Sep 2026 - 3:11PM
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An advertisement for CATL is displayed on Nanjing East Road in Shanghai on July 14. Photo: Getty Images
Electric & new energy vehicles
In Focus
|
China’s EV makers see synergy in their race to beat Tesla in humanoid robotics
Robotics has supply chain synergy with smart EV production because key components like cameras and radar, as well as software, are in both.
7 Sep 2026 - 10:02AM
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Electric & new energy vehicles
Tesla to exhibit Cybercab robotaxi in China: can it spark buzz amid slow sales?
While the company stresses the tour does not signal the vehicle will be sold in China, some observers believe it could still bolster the brand’s position.
6 Sep 2026 - 12:00PM
Electric & new energy vehicles
Chinese carmaker Chery to begin testing solid-state EV batteries next year
Chairman says it plans to invest US$1.49 billion in the new battery technology over the next two years.
4 Sep 2026 - 10:30AM
Electric & new energy vehicles
BYD, Leapmotor buck EV market slowdown as pressure piles up on small rivals
China’s leading EV makers saw sales surge in August, with BYD up 17.8 per cent from last year and Leapmotor up 80.7 per cent.
2 Sep 2026 - 5:17PM
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A Z Convertible EV from BYD luxury brand Denza at the company’s booth at the Beijing International Automotive Exhibition in Beijing. Photo: Reuters
SCMP Highlights
Chinese carmakers eye full hybrid market; BYD posts US$1.2b profit: 7 EV reads
From Tesla recalling 3 million cars in China to carmakers being told to focus on quality, here are seven EV stories you may have missed.
2 Sep 2026 - 3:30PM
Electric & new energy vehicles
Beijing issues guidelines for Chinese carmakers to curb discount wars overseas
New rules signal push for sustainable expansion as Chinese EV makers pursue long-term gains and influence in global markets.
1 Sep 2026 - 7:00PM
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Electric & new energy vehicles
Chinese authorities tell carmakers to focus on quality, not tech offerings
Vice-minister says that to ensure safety, new technologies that fail to pass stricter approval procedures will be barred from market.
29 Aug 2026 - 5:00PM
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