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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.
last updated:
3 October, 2024
The hydrogen-powered train used in a test run. Photo: Handout
Hong Kong transport

Hong Kong may drop plan to use hydrogen-powered light rail trains: lawmakers

MTR Corp faces double whammy of restrictive safety rules and need to adapt light rail platforms, pair of lawmakers say.

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Nio

EV maker Nio unveils Firefly branded cars to take on Mini Cooper and Smart

Artificial intelligence

China faces AI talent shortage in otherwise booming industry, report finds

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Thailand

Thailand’s high-tech utopia starts to take shape – but will it deliver?

At its launch seven years ago, the Eastern Economic Corridor was marketed as a solution to Thailand’s economic malaise. But concerns persist.

Thailand’s once-thriving economy, which grew an average of 5 per cent annually in the early 2000s, has been battered by two decades of political turmoil and coups. Image: Huy Truong
China trade

‘Resilient’ trade gains see Shenzhen poised to overtake Shanghai despite US tech siege

Total trade value in city dubbed China’s Silicon Valley surged past 4 trillion yuan from January to November, with a record year-on-year increase.

Future of transport

China’s car parts, software industry to hit US$356 billion by 2030

Market for car parts and software is likely to grow at an annualised pace of 28.8 per cent between 2026 and 2030.

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Business of climate change

Tariff jab at Chinese graphite exports could inflate EV battery costs: analysts

A US coalition of graphite miners has asked the Commerce Department to probe Chinese producers and apply 920 per cent of anti-dumping duties.

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Employees inside at a factory producing lithium battery for export in Huaibei in eastern Anhui province. Photo: AFP
Malaysia

Pricey Chinese ‘rebadge’? Malaysia’s first home-grown EV splits opinions

Proton’s e.Mas7 struggles to convince EV fans, with some praising its good value and others dismissing the car as an overpriced model.

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Geely

Exclusive | China’s EV champion Geely bets on tech edge to expand in Asia, EU

In an interview with the Post, Geely CEO Gui Shengyue discusses the company’s overseas strategy and EU tariffs.

China technology

CATL to build 1,000 EV battery swap stations in China to ease range anxiety

Ten new EV models using the battery swap technology will be developed by CATL and its partners such as Changan Auto and FAW Group, chairman says.

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Robin Zeng, CEO of EV battery maker CATL, greets a guest after a launch event for the next generation of swap stations in Xiamen, Fujian province on December 18, 2024. AP Photo
China's economic recovery

CEO sentiment in China sours amid slowdown risks, survey finds

Local competition and geopolitical tensions add to short-term pressures, but views of CEOs were more positive when pointing to China’s long-term outlook.

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Cars wait to be loaded onto ships for export at a port in China’s Jiangsu province on Thursday. EV tariff talks between China and the EU are “not close” to yielding a deal. Photo: AFP
C-suite interviews

Geely banks on profits from petrol cars as EVs inflict losses on rivals

‘As a carmaker, you will lose a profit growth engine if you do not make petrol cars,’ CEO Gui Shengyue says in interview.

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Robotics

China’s top EV maker BYD kicks off robotics recruitment drive for young talent

The Shenzhen-based carmaker is increasing its investment in humanoid robots amid a flurry of investment from local governments.

Malaysia

Raids on illegal mines spotlight Malaysia’s lucrative rare earth ambitions

Malaysia’s crackdown highlights the challenges of managing rare earth resources amid rising global demand for green technology.

A Malaysian flag flies at the entry-point to a mining site in rural Pahang state in 2015. Photo: AFP
Malaysia

Proton’s new EV challenges BYD and Tesla in Malaysia’s growing market

Proton hopes the launch positions the Malaysian carmaker as a leader in the region’s burgeoning EV market, dominated by Tesla and Chinese brands.

Malaysia’s Prime Minister Anwar Ibrahim touches the first locally produced electric vehicle (EV), the e.MAS 7, during its launch event in Kuala Lumpur on December 16/ Photo: AFP
BYD

Indonesia gives tax incentives to EV makers including China’s BYD, GAC Aion

The carmakers, which are building factories in Indonesia, will enjoy an exemption on import taxes and a break on luxury taxes.

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Hong Kong environmental issues

Editorial | Accelerating electric dreams depends on smooth transition

The Hong Kong government is offering subsidies and enhanced infrastructure for recharging stations in push for bus and taxi operators to switch to EVs.

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BYD

Can Chinese electric trucks overcome global tariffs to dominate the market?

Fleets of electric trucks from China have been growing internationally even as Western countries target the country’s EVs with sanctions.

Employees of Chinese electric truck start-up Windrose assemble vehicles at a factory in Suzhou, in eastern Jiangsu province. Photo: AFP
China manufacturing

China aims to heal wounds of ‘involution’ as officials vow to stem bloodletting

Beijing intends to rectify ‘neijuan-style’ competition that has caused overcapacity concerns and taken a toll on profits, especially in new-energy sector.

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BYD

Brazilian ports jammed with 70,000 Chinese EVs as tariffs loom

Chinese carmakers flood the world’s sixth-biggest car market as they try to avoid new tariffs.

Trending in China

‘Excruciating’: China woman in labour unable to start car locked by software upgrade

Story quickly gains traction on mainland social media with related topics amassing 35 million views.

A recent incident in China has ignited significant debate after a woman in labour was unable to start her car due to a software update that locked the vehicle. Photo: SCMP composite/Shutterstock/Douyin/Sohu
China-EU relations

EU-China agenda stalls under Trump’s long shadow

Holding pattern could break next week as EU decides if China crossed red line in arming Russia, a move that would force Beijing to respond.

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Relations between China and the EU are in a holding pattern, with no current talks nor any retaliatory actions. Photo: Shutterstock
Luxury cars

Chinese EV maker Nio takes aim at BMW, Audi with new luxury sedan

The ET9, which Nio expects to start delivering in March, is priced at 800,000 yuan (US$110,080) in presale.

China's economic recovery

How is China seeking to counterbalance trade tensions with US, EU?

Ministry of Commerce officials were active on a number of fronts early this week.

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Millionaires and billionaires

Elon Musk’s net worth tops US$400 billion in historic first

The most recent catalyst was an insider share sale of his privately held SpaceX, which boosted Musk’s net worth by some US$50 billion.

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Elon Musk jumps on stage as he joins Donald Trump during a campaign rally in Butler, Pennsylvania on October 5. Photo: AFP
Geely

Chinese EV maker Jiyue to cut operations in bid to stay in brutal race

Some projects will be scrapped and some business units merged in an ‘all-out’ effort towards ‘rebirth’, CEO says.

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A Jiyue 01 EV is displayed at the Beijing Auto Show on April 29, 2024. Photo: AFP
US-China relations

US hits China with new tariffs on solar wafers, tungsten products

Steep duties taking effect January 1 meant to guard against Beijing’s rising clean-energy prowess.

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China economy

Opinion | How China’s fast-transforming economy can avoid painful L-shaped growth

The country has all the tools – and resilience – it needs to adapt to its new geopolitical environment and accelerate the domestic transformation.

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