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Chinese 6-seat electric SUVs to stand out amid weak domestic sales, Morgan Stanley says
NEWS
5/11/2026

Chinese 6-seat electric SUVs to stand out amid weak domestic sales, Morgan Stanley says

Six-seat premium electric sport utility vehicles (SUVs) are emerging as an unlikely game changer in China’s automotive market, with more than a dozen new locally developed models set to challenge German luxury brands this year. The spacious vehicles, increasingly popular among wealthy families in mainland China, could drive a rebound in the world’s largest car and electric vehicle (EV) market as they combined Chinese EVs’ technological edge with competitive pricing, according to Morgan...

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SCMP Economy
Chinese 6-seat electric SUVs to stand out amid weak domestic sales, says Morgan Stanley
NEWS
5/10/2026

Chinese 6-seat electric SUVs to stand out amid weak domestic sales, says Morgan Stanley

Six-seat premium electric sport utility vehicles (SUVs) are emerging as an unlikely game changer in China’s automotive market, with more than a dozen new locally developed models set to challenge German luxury brands this year. The spacious vehicles, increasingly popular among wealthy families in mainland China, could drive a rebound in the world’s largest car and electric vehicle (EV) market as they combined Chinese EVs’ technological edge with competitive pricing, according to Morgan...

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SCMP Economy
Chinese EV maker Leapmotor taps Stellantis’ Spanish plant for EU production
NEWS
5/8/2026

Chinese EV maker Leapmotor taps Stellantis’ Spanish plant for EU production

Leapmotor, one of China’s strongest-performing electric vehicle (EV) makers this year, has taken a major step towards building cars locally for European customers after agreeing with shareholder Stellantis to add a line at a Spanish plant previously earmarked for Opel. The Hangzhou-based company and Stellantis, owner of Peugeot, Fiat and Jeep, would jointly build Opel’s new fully electric C-sport utility vehicles (SUVs) and B10 models at the Figueruelas plant in Zaragoza, according to a...

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SCMP Economy
Has ‘the Beast’ arrived in Beijing? Trump’s motorcade SUVs spotted before visit
NEWS
5/7/2026

Has ‘the Beast’ arrived in Beijing? Trump’s motorcade SUVs spotted before visit

Ahead of US President Donald Trump’s grand entry to Beijing on May 14, his cavalcade is already on the move in the Chinese capital. Two black SUVs with tinted windows and US government plates were spotted on a Beijing highway, according to images that circulated on Wednesday, signalling the start of an intense security build-up for the year’s most significant diplomatic event – the China-US summit. Chinese social media is full of the images showing heavily-armoured US Secret Service Suburban...

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SCMP Economy
Rivian Rolls Out First R2 SUVs Despite Tornado Damage at Illinois Factory
Developing
Business·4/22/2026AI summary

Rivian Rolls Out First R2 SUVs Despite Tornado Damage at Illinois Factory

Rivian has begun producing customer-ready R2 SUVs at its Normal, Illinois factory just days after an EF-1 tornado damaged the facility. CEO RJ Scaringe said the company does not expect any delays to the R2 rollout, which is critical to Rivian's path to profitability. The launch edition R2 starts at $57,990, with a $53,990 variant coming by year-end and a $45,000 base model expected in late 2027. Rivian aims to deliver 20,000-25,000 units by end of 2026.

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