Energy & Climate

China isn't just replacing Western software stacks — in clean energy it's now a core supplier of the physical stack: solar modules, wind turbines, batteries, EVs, grid storage, and nuclear & hydrogen systems.

BYD 比亚迪
alternative to Tesla / Toyota / Hyundai / Volkswagen

World's largest new-energy-vehicle maker; in-house batteries (Blade).

Global-ready HK-listed Closed Foreign-investable
Xiaomi EV 小米汽车
alternative to Tesla / Toyota / Hyundai / Volkswagen / Ford

Xiaomi's EV line (SU7 sedan, YU7 SUV) tied to its smart-device ecosystem.

Global-ready HK-listed Closed Foreign-investable
Li Auto 理想汽车
alternative to Tesla / Toyota / BMW / Mercedes-Benz

EV maker focused on extended-range and battery-electric SUVs.

Global-ready US-listed Closed Foreign-investable
NIO 蔚来
alternative to Tesla

Premium EV maker known for battery-swap stations.

Global-ready US-listed Closed Foreign-investable
XPeng 小鹏汽车
alternative to Tesla / Volkswagen / Hyundai

Smart EV maker with an in-house ADAS / autonomous-driving stack.

Global-ready US-listed Closed Foreign-investable
Geely Auto 吉利汽车
alternative to Toyota / Volkswagen / Hyundai / Ford

Volume automaker; NEV brands Zeekr, Lynk & Co and Geely Galaxy.

Cost-effective HK-listed Closed Foreign-investable
Chery 奇瑞汽车
alternative to Toyota / Hyundai / Volkswagen / Nissan

China's largest auto exporter; NEV and global brands Omoda, Jaecoo, iCar and Exeed.

Global-ready HK-listed Closed Foreign-investable
Seres / AITO 赛力斯 / 问界
alternative to Tesla / BMW / Mercedes-Benz

Maker of the premium AITO (问界) EVs, built with Huawei's HIMA smart-car stack.

AI stack A-share Closed Foreign-investable
SAIC-GM-Wuling 上汽通用五菱 / 五菱
alternative to GM / Toyota / Hyundai

Maker of affordable Wuling EVs (Hongguang Mini EV, Bingo); a SAIC-GM-Wuling JV.

Cost-effective A-share Closed Foreign-investable
Great Wall Motor 长城汽车
alternative to Toyota / Ford / Hyundai

SUV/pickup-strong automaker with NEV brands Ora, Wey and Tank.

Cost-effective HK-listed Closed Foreign-investable
Changan Auto 长安汽车
alternative to Toyota / Hyundai / Volkswagen / Ford

State-linked volume automaker; NEV brands Deepal and the Huawei/CATL-backed Avatr.

Cost-effective A-share Closed Foreign-investable
GAC (Aion) 广汽 / 埃安
alternative to Toyota / Honda / Hyundai

GAC Group's NEV business — mainstream Aion and premium Hyper EVs.

Cost-effective HK-listed Closed Foreign-investable
Leapmotor 零跑汽车
alternative to Tesla / Toyota / Hyundai

Value-focused EV maker; Stellantis is a strategic shareholder.

Cost-effective HK-listed Closed Foreign-investable
CATL 宁德时代
alternative to Panasonic / LG Energy Solution / Samsung SDI

World's largest EV and grid-storage battery manufacturer.

Global-ready A-share Closed
EVE Energy 亿纬锂能
alternative to Panasonic / Samsung SDI

Lithium batteries for EVs, storage and consumer/industrial use.

Cost-effective A-share Closed
Gotion High-Tech 国轩高科
alternative to LG Energy Solution / Samsung SDI

LFP battery maker (Volkswagen-backed) for EVs and storage.

Cost-effective A-share Closed
JinkoSolar 晶科能源
alternative to First Solar

Top-tier solar module maker; among the largest by global shipments.

Cost-effective US-listed Closed Foreign-investable
JA Solar 晶澳科技
alternative to First Solar

Vertically integrated solar cell and module manufacturer.

Cost-effective A-share Closed
LONGi 隆基绿能
alternative to First Solar

World's largest monocrystalline solar wafer and module manufacturer.

Cost-effective A-share Closed
Tongwei 通威股份
alternative to First Solar (polysilicon)

World's largest polysilicon producer; also solar cells.

Cost-effective A-share Closed
Trina Solar 天合光能
alternative to First Solar

Solar modules, trackers and utility-scale PV systems.

Cost-effective A-share Closed
Goldwind 金风科技
alternative to Vestas / Siemens Gamesa / GE Vernova

One of the world's largest wind turbine manufacturers.

Cost-effective HK-listed Closed Foreign-investable
Mingyang Smart Energy 明阳智能
alternative to Vestas / Siemens Gamesa

Offshore-focused wind turbine maker with very-large-rotor designs.

Cost-effective A-share Closed
Envision Energy 远景能源
alternative to Vestas / Siemens Gamesa

Wind turbines plus net-zero / energy-management software (EnOS).

Global-ready Private Closed
Sungrow 阳光电源
alternative to SMA Solar / Tesla (inverters & storage)

World's largest solar inverter supplier; grid-scale energy storage.

Global-ready A-share Closed
CGN Power 中广核
alternative to Westinghouse / EDF

Largest nuclear power operator in China; Hualong One reactor design.

Global-ready HK-listed Closed Foreign-investable
CNNC 中核
alternative to Westinghouse

State nuclear group: reactor build-out and the full fuel cycle.

Global-ready A-share Closed
SinoHytec 亿华通
alternative to Plug Power

Hydrogen fuel-cell systems for commercial vehicles.

Global-ready A-share Closed