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A long-range automotive lidar (light detection and ranging) sensor made by Hesai. Photo: Handout
Electric & new energy vehicles

China’s lidar sensor firms Hesai, RoboSense stand to gain after fatal EV crash

Adoption of the laser-based sensors will increase as consumers demand safe self-driving systems, analysts say.

Electric & new energy vehicles

BYD to double sales network in South Korea in challenge to Hyundai and Kia

Electric & new energy vehicles

China EVs: Tesla’s quarterly deliveries lag BYD for the second time

Electric & new energy vehicles

Xiaomi car crash sparks concerns, BYD beats Tesla again: 7 EV reads

From Xiaomi’s fatal car crash to Chinese EV makers reporting strong first quarter sales, here are seven EV stories you may have missed.

Xiaomi will cooperate with the police after an accident involving the autonomous driving feature of its SU7 electric vehicle (EV) claimed three lives. Photo: Weibo/ 南京金刀客
Xiaomi will cooperate with the police after an accident involving the autonomous driving feature of its SU7 electric vehicle (EV) claimed three lives. Photo: Weibo/ 南京金刀客
Electric & new energy vehicles

‘Millions of drivers need to be educated’ after fatal Xiaomi crash: analysts

Autonomous-driving features carry high safety risks amid a lack knowledge about how the systems work, leader of industry body says.

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Electric & new energy vehicles

Top Chinese EV makers power ahead thanks to subsidies, tax incentives

BYD’s first-quarter deliveries rose 59.8 per cent to more than 1 million vehicles.

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Electric & new energy vehicles

Xiaomi car crash involving self-driving feature sparks concerns in China

Company says it submitted the driving data and relevant operational information to the police and deeply regrets the tragedy.

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Xiaomi founder and CEO Lei Jun unveils the SU7 Ultra in Beijing on October 29, 2024. The car model was involved in an accident on the mainland on Saturday, which claimed three lives. Photo: Reuters
Xiaomi founder and CEO Lei Jun unveils the SU7 Ultra in Beijing on October 29, 2024. The car model was involved in an accident on the mainland on Saturday, which claimed three lives. Photo: Reuters
Electric & new energy vehicles

Tesla offers interest-free loans in China for Model Y to lift sagging sales

The delivery waiting time for the popular SUV on the mainland has been reduced to three to five weeks from six to 10 weeks.

Electric & new energy vehicles

China to crack down on unfair EV price cuts to stabilise industry

China vows to combat unfair pricing and misinformation by EV players, as it aims to stabilise growth and profitability of the sector.

Electric & new energy vehicles

Xpeng CEO says flying car market will be bigger than EVs over next 2 decades

CEO He Xiaopeng believes the global flying car market could reach US$2 trillion in the next two decades, double the size of land vehicles.

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Xpeng’s AEROHT flying car on display at Liuye Lake Tourist Resort in Changde City, central China’s Hunan province, March 27, 2025. Photo: Xinhua
Electric & new energy vehicles

Self navigating to the top: why China leads the global autonomous-driving race

After stamping their authority on EV technology, Chinese firms make strides in adding self-driving features.

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Illustration by Lau Ka-kuen
Illustration by Lau Ka-kuen
Electric & new energy vehicles

Chinese EV industry pressed to accelerate global expansion amid tariffs

Companies should balance exports and overseas production while seeking to achieve win-wins with foreign partners, former vice-minister says.

Banking & finance

Cathie Wood sees AI driving US$10 trillion global robotaxi revolution

The CEO of Ark Investment says the market will help propel a near 10-fold jump in Tesla’s share price to US$2,600 in five years.

Hong Kong stock market

China’s narrower tech gap with US creates investment opportunities: fund managers

CEOs of Primavera Capital, Franklin Templeton tout long-term potential of Chinese stocks at first World Economic Forum event in Hong Kong.

Jenny Johnson of Franklin Templeton (left) and Fred Hu of Primavera Capital take part in a panel discussion at the World Economic Forum’s Centre for Financial and Monetary Systems 2025 Symposium in Hong Kong on March 26, 2025. Photo: Dickson Lee
Hong Kong stock market

Hong Kong stocks rise, led by Chinese EV makers and tech firms

Investors take a cue from a Wall Street tech rally overnight and hunt for bargains following a recent correction, brokers say.

People look at a Nio ET7 at the Beijing Auto Show in Beijing on May 3, 2024. Photo: AFP
People look at a Nio ET7 at the Beijing Auto Show in Beijing on May 3, 2024. Photo: AFP
Electric & new energy vehicles

BYD out-earns Tesla after out-making, outselling Model 3 producer

Chinese EV maker is forecast to widen its lead over Tesla in 2025 and 2026 global sales, according to consensus compiled by Bloomberg.

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Electric & new energy vehicles

Chinese EV maker Xiaomi raises US$5.5 billion to accelerate expansion

The Beijing-based firm sold 800 million new shares at HK$53.25 each, a 6.6 per cent discount to the closing price on Monday.

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Electric & new energy vehicles

BYD launches a ‘Model 3 killer’ at half the price of Tesla’s top seller

The Qin L and Xpeng’s Mona M03, which are priced around US$16,500, arrive as the US company’s mainland sales are dropping.

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BYD Qin L EV starts at 119,800 yuan (US$16,526). Photo: Handout
BYD Qin L EV starts at 119,800 yuan (US$16,526). Photo: Handout
Electric & new energy vehicles

BYD’s Denza unveils N9 SUV to challenge Mercedes, BMW in premium EV segment

The N9 starts from 389,800 (US$60,860), equipped with BYD’s autonomous driving systems and can support on-vehicle drone systems.

Electric & new energy vehicles

Chinese EV maker Nio’s fourth-quarter loss widens, revenue outlook underwhelms

‘This year marks the beginning of a new product cycle for our three brands,’ says founder, chairman and CEO William Li Bin.

China shipbuilding

China is building new ships at record pace to turbocharge its car exports

Shipyards are rolling out huge vessels capable of carrying 8,600 cars as China’s auto industry seeks to accelerate its global expansion.

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Chinese auto companies including BYD have been investing in car carriers as they seek to accelerate their global expansion. Photo: Xinhua
Electric & new energy vehicles

Xpeng sets up first self-branded EV supercharging station in Hong Kong

Fierce competition among auto manufacturers is extending to charging technologies.

Xpeng X9 electric vehicles in Guangzhou. Photo: AFP
Xpeng X9 electric vehicles in Guangzhou. Photo: AFP
Electric & new energy vehicles

Chinese carmaker Geely’s profit soars 213% driven by EVs, asset sales

Geely sold 2.18 million vehicles last year, of which 1.76 million units were delivered on the mainland while 414,522 units were exported.

Electric & new energy vehicles

Xpeng says robotics industry will get bigger than automotive sector

Xpeng plans to mass produce humanoid robots and flying cars for the consumer market by the end of next year.

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Electric & new energy vehicles

Tesla banks on Model Y, China’s CATL to see strong growth: 7 EV reads

From an expectation of strong growth for China’s CATL to Zeekr challenging BMW and Mercedes, here are seven EV stories you may have missed.

Customers check a Tesla Model Y at a delivery centre in Beijing on February 27, 2025. Photo: AFP
China Future Tech
HIGHLIGHTS FROM
China Future Tech

Big Tech

Samsung denies halting chip foundry services for Chinese clients

Samsung’s semiconductor subsidiary denies that it stopped providing services to Chinese clients. Photo: dpa

China Economy

China kicks off hunt for rare quartz, with hi-tech aspirations in mind

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China is searching for reserves of a rare quartz that is critically important in the production of solar panels. Photo: AFP

Big Tech

Sanctioned Chinese chip firms shrug off Trump tariffs, anticipate new business

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The booth of Cambricon Technologies a the 2021 World Artificial Intelligent Conference in Shanghai. Photo: Cambricon Technologies

Tech Trends

Meet Peng Zhihui, the latest robotics star to catch the premier’s attention

Peng Zhihui, founder of AgiBot. Photo: Handout

Big Tech

Jack Ma’s Alibaba Cloud visit comes as tech giant accelerates adoption of AI

Alibaba founder Jack Ma speaks about the significance of AI during his visit to Alibaba Cloud on Thursday. Credit: Handout
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