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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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Electric & new energy vehicles

Chinese EV industry pressed to accelerate global expansion amid tariffs

Banking & finance

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

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
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.

Electric & new energy vehicles

BYD out-earns Tesla after out-making, out-selling 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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A Xiaomi SU7 Ultra electric car is displayed at the Mobile World Congress in Barcelona, Spain, on March 3. Photo: Xinhua
A Xiaomi SU7 Ultra electric car is displayed at the Mobile World Congress in Barcelona, Spain, on March 3. Photo: Xinhua
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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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.

A Nio ET5 in Berlin. Photo: Reuters
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
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.

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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Workers at an Xpeng factory in Guangdong province. Photo: Xinhua
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
Customers check a Tesla Model Y at a delivery centre in Beijing on February 27, 2025. Photo: AFP
Electric & new energy vehicles

Chinese EV maker Xpeng trims losses on 23% revenue rise

The carmaker expects revenue to increase by up to 140 per cent from a year earlier in the first quarter.

Banking & finance

CEO Lei Jun sees progress as Xiaomi raises 2025 EV deliveries target by 16%

Xiaomi is entering the high-end segment of the EV market and also eyeing overseas sales as it ramps up production.

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Electric & new energy vehicles

Chinese EV maker Nio, battery king CATL join forces on swapping stations

CATL, which is planning a US$5 billion Hong Kong share listing, will invest up to US$345.6 million in Nio.

EVs sit outside a Nio delivery center in Shanghai on March 23, 2023. Photo: Reuters
EVs sit outside a Nio delivery center in Shanghai on March 23, 2023. Photo: Reuters
Electric & new energy vehicles

BYD shares surge on unveiling of ‘fast as gas’ charging tech

The new battery and charger platform from the world’s biggest EV maker operates at 1 megawatt, twice the power of Tesla’s fastest offering.

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Electric & new energy vehicles

Chinese EV battery maker CATL to see strong growth in 2025: analysts

US investment bank Jefferies raises CATL price target after company reports record profit for 2024.

Electric & new energy vehicles

Volkswagen to launch 11 new models in China as it eyes 4 million units by 2030

The new models will come with high-performance digital features, such as autonomous driving capabilities and over-the-air updates.

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Volkswagen is releasing the first electric model of the Jetta brand in China next year. Photo: dpa
Electric & new energy vehicles

Tesla plans cheaper model to put brakes on China sales slide

The US company’s share of the world’s largest EV market has dropped to 4.3 per cent from more than 16 per cent in 2022.

People check out a Tesla electric car at the company’s delivery centre in Beijing on February 27, 2025. Photo: AFP
People check out a Tesla electric car at the company’s delivery centre in Beijing on February 27, 2025. Photo: AFP
IPO

Apple supplier Lens Technology joins Chinese firms planning Hong Kong IPOs

Avatr Technology, Shenzhen-listed Changan Automobile’s EV company, is also reportedly considering a US$1 billion Hong Kong listing.

Electric & new energy vehicles

Tesla pins hope on refreshed Model Y to revive faltering sales in China

Orders for the revamped model, which starts from US$36,292 have crossed 200,000 units, according to Chinese tech site 36kr.

Electric & new energy vehicles

Exclusive | Hesai eyes Europe’s smart EVs for lidar sales after Mercedes-Benz deal

Hesai’s 2025 profit may jump to between 200 million yuan and 350 million yuan, from 14 million yuan last year, said its chief financial officer Andrew Fan.

Hesai’s lidar. Photo: Handout
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