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Chinese EV Battery Giant CATL Shares Surge in Hong Kong IPO

Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest EV battery manufacturer, saw its shares surge more than 16% during its debut on the Hong Kong Stock Exchange on Tuesday, following a $4.6 billion initial public offering (IPO). The listing ...

Chinese EV BYD Surges in Indonesia With Record EV Imports and Soaring Sales

Chinese EV electric vehicle (EV) makers, led by BYD, are accelerating their presence in Indonesia with an import-heavy strategy, challenging legacy brands in the country’s rapidly expanding EV segment. While Japan still dominates the overall market, China’s entry, particularly through fully ...

Pakistan is the New Frontier for Chinese EV Expansion

Chinese electric vehicle (EV) makers are shaking up Pakistan’s automotive sector, challenging the long-standing dominance of Japanese and local players. In the face of economic challenges and climate concerns, the country’s pivot to EVs marks both an important industrial shift and a strategic political move.

China’s Huayou Takes Over $9.8B Indonesia EV Battery Project After LG Exit

China’s Zhejiang Huayou Cobalt is replacing South Korea’s LG Energy Solution in Indonesia’s $9.8 billion electric vehicle (EV) battery supply chain project, Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia confirmed Wednesday, ensuring the project “continues as planned” after the reshuffle in investors. ...

Vietnam’s VinFast Takes on China in Indonesia EV Market with Plant and 100,000 Charging Stations

Vietnamese automaker VinFast is making a major push into Indonesia’s electric vehicle EV sector with a planned $1.2 billion investment, including a $200 million EV manufacturing plant in West Java and an EV charging network worth up to $1 billion.

Analysis from Cobus van Staden

BRICS Announces Numerous New Initiatives

The BRICS group wrapped up its two-day leaders’ summit in Rio de Janeiro on Monday. The summit’s final communique is a 16,000-word doorstop that covers numerous issues from economics to education.
The communique avoids any direct mention of the United States, and references to “unilateralism” and other coded criticism are also relatively scarce. Rather, the communique keeps the focus on the BRICS’ vision of the strengthening and reform of the global multilateral system ...

Tracking China’s Dominance of the Transition Minerals Trade

U.S. and European leaders often talk about the importance of building China-free supply chains for transition minerals and other critical resources. While, for a lot of people, that may resonate among their constituents at home, the reality is that it's not ...

China’s EV Maker XPeng Eyes Doubling Global Presence by Year’s End

One of China's leading electric vehicle makers XPeng plans to double the number of countries in which the company operates by the end of this year, its CEO said Saturday. Founded in 2014, XPeng is one of the Chinese firms in ...

China Battery Giant CATL Starts Hong Kong Listing Process

Chinese battery giant CATL started the application process on Tuesday to be listed in Hong Kong and named seven banks as overall coordinators, according to stock exchange filings. CATL, which produces more than a third of the EV batteries sold worldwide, ...

Q&A: ‘Tariffs Could Kill Chinese Investments in EVs in Mexico’

By Alejandra Cuéllar Since his election victory in November, United States president-elect Donald Trump has repeatedly vowed to slap tariffs on the country’s top trade partners, pledging to make this one of his first acts upon taking office on 20 January. 

Brazil’s Unions See Potential and Pressures From Chinese Carmakers

By André Duchiade The rapid expansion of the market for electric vehicles in Brazil, particularly Chinese cars, is transforming the country’s automotive industry and could have an impact on workers and production chains, say Brazilian trade unionists in the sector.

How Chinese EV Tech is Revolutionizing Mobility in Kenya

Chinese car brands are steadily making their way into the African market, but it’s still early in the process, so it will take several years, at least,  for these companies to build a sizable customer base.  Meanwhile, these brands' advancements in electric vehicle (EV) technology are ...

Move Over Mercedes: Chinese Cars Grab Mexican Market Share

By Yussel Gonzalez The growing popularity of Chinese sport utility vehicles and pickup trucks has shaken up Mexico's luxury car market, hitting sales of traditionally dominant brands such as Mercedes-Benz and BMW. According to industry ...
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