# electric%20vehicles
Latest news and articles about electric%20vehicles
Total: 40 articles found
Wuhan’s Rise: How Hubei Is Building China’s Photonics, EV and Bio-Tech Hub in the Heartland
Hubei province, led by Wuhan’s Optics Valley, is accelerating a strategic push to become a world‑class center for photonics, electric vehicles, biotech and modern agriculture. Policymakers and industry have combined research, digital manufacturing and green industrial reform to shorten commercialisation cycles and bolster supply‑chain resilience.
Hubei’s Rise: From Optics Valley to an Industrial Backbone Driving China’s Next Wave of Tech and Manufacturing
Hubei is accelerating its shift from low‑end manufacturing to higher‑value, tech‑intensive industries centred on Wuhan’s Optics Valley, electric vehicles, autonomous driving and biotech, while modernizing agriculture and cleaning up polluting industries. The province’s successes illustrate how regional industrial policy, targeted investment and university‑hospital‑industry collaboration can build supply‑chain resilience and new export capabilities.
Tesla’s Pivot: From Carmaker in Retreat to AI Bet Worth $1.4tn — Can the Math Add Up?
Tesla’s 2025 results expose a company at a crossroads: vehicle deliveries and automotive margins have declined while investors have re‑priced the firm around an AI and energy future. Energy storage is the clearest near‑term bright spot, but Robotaxi, FSD and Optimus remain high‑risk, long‑dated bets whose commercial payoff will decide whether Tesla’s trillion‑dollar valuation is justified.
China’s Auto Ambition: EVs Propel a Drive Toward 50 Million Cars a Year
Cui Dongshu of the China Passenger Car Association projects China’s auto industry could reach 50 million annual vehicle sales as NEVs surge at home and in export markets. Strong BEV uptake, rapid technological progress and booming exports underpin the forecast, but uneven industry adaptation and margin pressure pose risks.
Toyota Extends Lead as Global No.1; Volkswagen Stumbles and Chinese Brands Surge
Toyota retained the world sales crown in 2025 with more than 11.3 million vehicles, extending a lead of about 2.3 million units over Volkswagen Group. Toyota’s growth, steady China performance and hybrid strength contrast with Volkswagen’s China slump and management restructuring, while BYD and Geely’s rapid rises signal a reordering of the global auto landscape.
Xiaomi’s SU7 Gets Its First Facelift — A Test of Whether the EV Hype Can Become Durable Growth
Xiaomi is refreshing the SU7 sedan 21 months after its launch, raising prices slightly while adding advanced sensors and compute to catch up with rivals. The facelift reflects a strategic shift from single‑model blitzes to a broader, systemised approach amid internal product cannibalisation, production mismatches and a more discerning Chinese EV market.
Gold Surge and Sector Rotation Lift Hong Kong Stocks: Hang Seng Climbs 2.6% as Miners, Property and EVs Rally
Hong Kong stocks rallied on Wednesday, led by gold miners, property developers and electric-vehicle makers, pushing the Hang Seng up 2.58%. Spot gold hitting new highs drove a miners' rally even as investors cheered signs of regulatory easing for some developers and continued strength in domestic EV and semiconductor names.
China’s Auto Rise Goes Global: BYD Targets Korea as Europe’s Old Guard Holds Ground
BYD is stepping up its overseas offensive with plans to launch at least three models in South Korea and a target of over 10,000 sales, reflecting a broader trend of Chinese automakers expanding globally. Despite rising volumes and strong EV adoption, China’s auto industry faces thin profit margins and intensifying competition from established international groups such as Stellantis.
China’s Auto Industry Goes Global: Gigafactories, Subsidies and New Market Access Propel an Overseas Push
Chinese automakers and suppliers have accelerated overseas investment, disclosing more than RMB70 billion in projects over three months. Major moves include a planned 2.067 billion euro battery gigafactory in Portugal and policy openings in the EU, Canada and Germany, signaling a shift from export‑led sales to localised, global supply chain building.
China Rare Earths Foresees Return to Profit as Price Swings Pinch Q4 Gains
China Rare Earths forecasts a net profit of RMB 143–185 million for 2025, reversing a RMB 287 million loss the prior year. The recovery was driven by a stronger first-half market and inventory write-backs, but fourth-quarter price falls in medium and heavy rare-earths triggered additional impairment charges that tempered full-year gains.
Trump’s 100% Tariff Threat Puts Canada Between Washington and Beijing
A tentative Canada–China trade deal to cut tariffs on Chinese electric vehicles in exchange for restored canola access has prompted President Trump to threaten a 100% U.S. tariff on all Canadian imports. The standoff exposes Canada’s vulnerability to U.S. leverage, China’s growing ambition in the EV market, and the broader strategic contest over trade in North America.
Beijing Accelerates EV Transition: Over 1.3m New-Energy Vehicles and Rapid Fleet Electrification
Beijing has surpassed 1.3 million new-energy vehicles and says over 80% of its car fleet are either NEVs or meet the National V emissions standard. The city is accelerating scrappage of older diesel trucks and buses, electrifying municipal fleets and expanding charging infrastructure, shifting both air-quality outcomes and market demand for EV makers and charging operators.