China’s Geely beats BYD in sales, CATL’s profit surges 42%: 7 EV reads


We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.

1. Geely beats BYD sales in first 2 months of 2026 to become China’s top carmaker

Geely Auto has gained the upper hand in mainland China’s intensifying automotive sector, as its diverse product line-up pays off after electric vehicle (EV) king BYD suffered a setback following partial withdrawal of a tax break.

2. CATL profit jump fuels Hong Kong battery stocks amid global energy storage boom

Betting on rising global demand for energy storage, Contemporary Amperex Technology Ltd (CATL) reported stronger-than-expected growth driven in part by its expansion into new energy storage markets.

3. China mall shuffle: as EVs exit, who’s filling the ground-floor showrooms?

People walk past an EV showroom inside a shopping mall in Beijing. Photo: AP
People walk past an EV showroom inside a shopping mall in Beijing. Photo: AP

Several years ago, prime ground-floor spaces in major shopping malls across Beijing and Shanghai’s business districts were commonly occupied by electric vehicle (EV) showrooms, with staff often escorting customers to car parks for test drives. Many of these stores have now closed.

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