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Automotive industry

Automotive industry
News about the global automotive industry with a focus on developments that matter most for the China market.
A BYD electric car on display at Germany’s Essen Motor Show in December. Photo: AP
China trade

Chinese carmakers gain as high petrol prices boost European EV sales

Chinese brands’ share of plug-in hybrid registrations across Europe climbed from about 20 per cent in January to 35.3 per cent in August.

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Electric & new energy vehicles

China’s EV and battery makers tussle over lithium-ion tax: sources

US-China trade war

US senators delay effort to permanently ban Chinese cars

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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.

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.

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Singapore

US firm Waymo to launch robotaxi service in Singapore in 2028

Trained specialists will drive Jaguar I-Pace vehicles and help Waymo adapt its technology to Singapore’s road layouts and other conditions.

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State-owned enterprises

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.

An Aion electric SUV from Chinese automaker Guangzhou Automobile Group. Photo: Xinhua
Electric & new energy vehicles

China’s five-year plan for the new-energy vehicle sector

Beijing targets a stronger Chinese presence in the top ranks of global carmakers.

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.

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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.

Workers assemble vehicles on a production line at an FAW-Volkswagen factory in Chengdu, Sichuan province, in December. Photo: VCG/VCG via Getty Images
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.

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Traffic is gridlocked during the morning rush hour on a sunny day in Beijing. Photo: Reuters
US-China relations

Trump transport chief blasts Ford’s business deals with Chinese firms

CEO Jim Farley hit back, saying the letter urging him to cut ties with firms like China’s CATL, Geely and BYD was ‘wrong-headed’.

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Electric & new energy vehicles

Will Tesla’s rare-earth-free motor put China’s trade trump card at risk?

Elon Musk says Tesla’s new Cybercab motor has no rare earths, but analysts saw the move as only a slight step towards reducing industry reliance – or China’s leverage.

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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.

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A Tesla humanoid robot and a Model Y electric vehicle are displayed in a store in Beijing in August. Photo: EPA
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.

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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.

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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.

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Artificial intelligence

In Focus | Will geopolitics put a potential Musk merger between a rocket and a hard place?

Security concerns in Beijing and Washington could create ‘bottleneck’ if Elon Musk attempts to combine the two flagship companies.

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Illustration: Victor Sanjinez
China manufacturing

China’s Xiaomi to start selling electric cars in Europe next year

Xiaomi Auto says it has signed agreements with eight car dealer groups to build a sales and service network in Germany.

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.

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.

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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
China jobs

Volkswagen launches inquiry into Changzhou supplier following mass lay-offs

The firm launched an investigation following the lay-offs in Jiangsu province of over one hundred graduates a month after they were hired.

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A Volkswagen electric vehicle on a production line at a factory in Hefei, Anhui province. Photo: Reuters
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.

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China exports

As China-EU trade talk deadline nears, ex-Brussels official adopts bullish tone

The former president of the European Council says the two sides are approaching a common ground.

China manufacturing

China’s factory activity improves in August, but stays in contraction

The PMI index was up last month to 49.8 from 49.2 in July, according to figures from the National Bureau of Statistics.

A worker assembles a carbon fibre bicycle at a production workshop in China’s Shandong province. Photo: Xinhua
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.

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The cockpit of a Xiaomi SU7 EV. Photo: Shutterstock
Electric & new energy vehicles

BYD posts US$1.2 billion profit in second quarter on surging global demand

The Chinese EV giant beat market estimates in the second quarter, as booming exports helped offset a prolonged decline in the domestic market.

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Electric & new energy vehicles

Uncertainty over CATL lithium mine restart could fuel price volatility: analysts

The latest hold-up has yet to meaningfully roil lithium carbonate prices but the impact may be felt during the fourth-quarter.

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