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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
Chinese electric vehicle sales were off to a slow start this year, signalling a volatile market after government subsidies came to an end. Photo: Handout
China manufacturing

China’s EV sales stumble off the line in 2025, raising profit concerns

Deliveries of electric and plug-in hybrid cars on the mainland fell 50 per cent month on month to 206,000 units in the first 12 days of the year.

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Asean

Opinion | In joining Brics, Indonesia is showing itself to be strategic trailblazer

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US-China relations

Opinion | With deal-maker Trump, business cooperation could reset US-China ties

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United States

Burning Teslas add to toxic mix of pollution delaying LA return

Electric cars add a new dimension to the mess left by devastating Los Angeles wildfires.

A Tesla is destroyed due to the Palisades Fire on January 8. Photo: Michael Ho Wai Lee/SOPA Images via ZUMA Press Wire/dpa
Middle East

Opinion | Defying the US, China expands green energy ties in Middle East

The once-laughable notion of selling solar power in the Middle East is now a rich vein for China to strengthen its presence in the region.

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China-EU relations

For Europe, China looms as 2025 economic threat, analysts say

China seen posing ‘longer competitive challenge and a sort of strategic challenge’ in important industries, and this could reinforce the EU as a US ally.

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China-Philippines relations

Opinion | Manila and Beijing can still choose cooperation over conflict

While violent clashes and bilateral disputes between Manila and Beijing have reached new heights, so can economic engagement.

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Illustration: Craig Stephens
Autonomous vehicles

Opinion | US-China tech war’s next front will be autonomous vehicles

Autonomous driving is not just the next frontier; it is a strategic arena where AI, semiconductor capabilities and geopolitics converge.

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Business of climate change

Citybus owner Hans Group makes deal to fuel hydrogen-powered buses in Hong Kong

Hans Group, Citybus and Grand Resource Hydrogen signed a supply agreement on Wednesday.

Semiconductors

Greater Bay Area’s next-gen chipmakers find ready buyers in Chinese EV industry

Guangzhou’s Nansha district is attracting companies specialising in silicon carbide semiconductors, as they look to capitalise on regional integration.

David Xiao Guowei, chairman of AscenPower Semiconductors, speaks during a panel discussion at the South China Morning Post’s China Conference in Guangzhou on Wednesday. Photo: Nora Tam
United States

Opinion | Trump’s plans could trigger liquidity crises across Europe and Asia

Inflationary pressure and a growing deficit would turn the US into a liquidity-sucking force.

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US president-elect Donald Trump at a news conference at Mar-a-Lago, Palm Beach, Florida, on January 7. Photo: AP
Consumer protection in Hong Kong

Hong Kong watchdog logged 179 complaints over EVs, charging services in 2024

Consumer Council shares figure for 2024 after noting rise in recent complaints focusing on charging services, such as unclear fee instructions.

China economy

Editorial | Robust exports show China is embedded in global supply chain

As Trump administration looms, record trade performance for 2024 will fuel talk of overcapacity and increase pressure on Beijing to rebalance the economy.

US-China relations

US bans Chinese and Russian tech in smart cars, citing national security risks

‘Targeted approach’ meant to ensure foreign adversaries’ software and hardware are kept off American roads, commerce secretary says.

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Workers for BYD assemble an electric vehicle at the Chinese auto company’s EV factory in Rayong, Thailand, on July 4, 2024. Photo: Reuters
China manufacturing

China’s eagle-eyed Zhejiang has more industrial movers and shakers in its sights

Local authorities in China’s eastern manufacturing hub want to nurture what they call ‘eagle enterprises’, and the vast majority are private firms.

A worker handles a spinning machine at a textile factory in China’s Zhejiang province. Photo: Getty Images
Autonomous vehicles

China’s WeRide starts third European self-driving trial in Switzerland

Company is stepping up efforts in Southeast Asia, the Middle East, Europe, Japan and South Korea, CEO Tony Han says.

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IPO

China’s CATL poised to pick banks for US$5 billion Hong Kong share sale

World’s top maker of EV batteries is considering a second listing in Hong Kong that could help it raise at least US$5 billion.

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Style Edit

Style Edit: BMW’s next gen X3 SUV redefines the premium mid-size category

The 3 new models feature sleek design, classic BMW touches and innovative features.

The new BMW X3 family. Photo: Handout
Asean

Opinion | Why Southeast Asia’s participation in Brics matters

With Indonesia joining the grouping and Malaysia and Thailand as partner countries, Brics has acquired not just mineral-rich members but also key Asean voices.

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China energy security

China’s solar farms spread into new regions amid green energy push

Country’s largest mudflat solar photovoltaic energy storage facility combines salt production with photovoltaic power generation.

China manufacturing

Chinese firms face stumbling blocks abroad: competitive mindsets may turn messy

Overseas scandals, setbacks shine light on problematic nature of deeply ingrained business mentality. And the less they notice your Chinese identity, the better, some say.

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Illustration: Lau Ka-kuen
China trade

Trade barriers against China hit record high in 2024 amid overcapacity fears

More developing countries initiated investigations targeting Chinese goods last year, and analyst says these included pre-emptive measures to prevent an import surge.

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A record number of new trade disputes between China and other countries were initiated last year, including some targeting China’s heavily saturated new-energy industry. Photo: AFP
China economy

Opinion | China will rein in vicious competition at the root of its overcapacity

New reforms for a unified national market, including addressing unfair competition, will rein in unchecked competition and the damage it is causing.

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Autonomous vehicles

China’s EVs to see self-driving ‘democratisation’ in 2025, UBS analyst says

China has rapidly progressed from a market for carmakers into an ‘innovative hub’ for technologies such as electrification and intelligence.

Asean

Opinion | Why Southeast Asia will shine on as an investment bright spot

A decade since setting up the Asean Economic Community, the region has made progress in integration and drawing FDI but challenges remain.

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Workers assemble a car at BYD’s electric vehicle factory in Rayong, Thailand, in July 2024. Countries such as Thailand, Malaysia and Indonesia are one-stop shops for the EV industry, providing raw material, production lines and even markets. Photo: Reuters
China manufacturing

China EV giant BYD hits skids in Brazil as ‘slavery-like’ claims slam workforce

China’s labour practices are driving a wedge between the world’s biggest EV maker and efforts to expand globally in areas where employee protections are paramount.

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Illustration: Lau Ka-kuen
Science

New discoveries raise China’s lithium reserves to second largest in the world

Recent finds, including a massive deposit in Tibet, will help meet demand for metal, which is key for EV batteries and other technologies.

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China manufacturing

Beijing renews EV subsidy to spur sales, keeps size of incentive unchanged

NDRC says buyers of electric cars for replacement purposes would receive US$2,728 this year.

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