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Electric & new energy vehiclesi

Latest news, in-depth features and opinion on electric & new energy vehicles.

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Talks on trade imbalances and Ukraine war await Chinese president as he first heads to France in pursuit of ‘pragmatic’ European policy, then Serbia and Hungary, before returning to host Vladimir Putin.

  • The deal is to ‘secure supply of lithium resources, facilitate expansion and enhance its core competitiveness’, the company says
  • Ganfeng will potentially buy out the mine subject to a mining code enacted last year, which gives the government of Mali the right to hold up to 35 per cent of the project

Scholars have suggested a realignment of industries, with some pain in the short term, would go a long way towards resolving China’s overcapacity problem and adapting to trade restrictions in those sectors.

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French President welcomes Beijing’s commitment to ‘refrain from selling any weapons or aid’ to Russia, but commerce official reinforces the need to enhance bilateral trade.

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Global EV sales are expected to accelerate from next year onwards and grow at a compound annual rate of 23 per cent up to the end of the decade, according to estimates by the French bank.

The fierce price war sweeping China’s EV market is likely to persist for years, with the impact to be felt by foreign carmakers which will see their market share shrink, Leapmotor co-president Michael Wu says.

StarCharge, which provides charging equipment for electric vehicles, is focusing on efforts to grow its presence in more profitable markets outside mainland China, chief strategy officer Evan Feng says.

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The autonomous driving start-up plans to launch the L4-capable FlashBot in Shanghai this year, followed by other tier-one mainland cities. It is also seeking tie-ups in Hong Kong, Europe and North America.

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China’s overseas vehicle shipments are set to grow at a clip this year, bolstered by surging sales in markets like Southeast Asia and the Middle East, as the country’s heft in manufacturing electric cars goes from strength to strength.

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‘Aqueous batteries with high energy density are possible, offering a development option for grid-scale energy storage, and even electric vehicles’: researchers.

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Hefei, the capital of the eastern Anhui province, has placed a heavy focus on innovation and emerging industries, including new energy vehicles, with officials from across China eager to copy the formula for success.

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President Xi Jinping’s European trip comes amid barrage of EU trade and competition tools largely targeting Chinese firms, including dramatic raids in the Netherlands and Poland.

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Readers weigh in on whether Hong Kong should consider adopting hydrogen-powered buses, the installation of more electric-vehicle charging points, and lessons from the Dubai floods.

China’s top three premium EV makers posted mixed sales last month, as companies remain entrenched in a price war in the world’s largest car market that shows no signs of ending.

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Struggling US-China ties, a human rights shock and a student in big trouble: these are the highlights from the SCMP’s overseas correspondents from April 2024.

The leadership reshuffle at Huawei’s consumer business group comes as the company regains lost ground in China’s smartphone market and doubles down on electric vehicle systems.

General Motors, Ford and other carmakers, which struck deals last year to give customers access to the network, said they are not changing their plans.

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Tesla CEO Elon Musk cancelled his meeting with India PM Modi last week, and instead went to China to make progress towards an advanced driver assistance package.

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Total venture-capital investment in China in the first quarter fell 30 per cent quarter on quarter to US$11.5 billion amid economic uncertainty, geopolitical tensions, though China still accounted for eight of the top 10 deals.

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One of Europe’s most hawkish leaders towards Beijing is confirmed to meet the Chinese president during his first trip to the continent in five years.

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The Warren Buffett-backed carmaker posted first-quarter net profit of 4.57 billion yuan (US$631 million), 47.3 per cent lower than the quarter ended December 2023.

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