Local brands now sell the majority of vehicles in China Market consolidation looms as the NEV market remains concentrated and is dominated by BYD Comments from Bill Russo, Founder & CEO of Automobility Ltd. Total vehicle retail sales declined 7.7% versus the previous November, and are down 10.8%...
Comments from Bill Russo, Founder & CEO of Automobility Ltd. General Observations In 2021, China passed the inflection point of a secular and generational shift with a corresponding exponential rise of Smart EV technology. Automakers are now reallocating capital plans and investing in electric mobility platforms & technology. The...
Comments from Bill Russo, Founder & CEO of Automobility Ltd. The China auto market is experiencing a secular shift to electrification, which we covered in our recent November update titled The Inexorable Rise of Electric Vehicles in China. In this update we highlighted the fact that more...
NOVEMBER 2021 UPDATE Comments from Bill Russo, Founder & CEO of Automobility Ltd. Overall automotive industry sales through November remain up 4.5% in China when compared with the same period of 2020, with passenger vehicles up 7.1% and commercial vehicle sales down 5.3%. Through November, ~3 million New...
2.333 million vehicles were sold in October 2021, a decrease of 19.6 percent when compared with October 2020. Overall calendar year sales through October remain up 6.4% when compared with the same period of 2020, with passenger vehicles up 8.8% and commercial vehicle sales down...
Courtesy of FCVC 2021 6th International Hydrogen Vehicle Fuel Cell Congress By Bill Russo, Emily Wang and Maggie Zhou China has recently struggled with severe power shortages, leaving millions of homes and businesses without power. The outages have rippled across eastern and central regions, where most of...
In/Around/Beyond Internet of Energy (IoE) Architecture By Bill Russo, Bevin Jacob, Benjamin Fan, and Twyla Zhang The automotive industry is on the front line of a high-tech battle for sustainable economic development – and control of the supply chain of materials needed to power transportation will determine...
China auto sales recorded its first month-over-month increase since March, with 2.067 million units sold in September. Overall sales through the 3rd quarter remain up when compared with the same period of 2020, but the industry will struggle to match the last year’s 25.2 million unit performance. Through...
By Bill Russo, Bevin Jacob, Twyla Zhang and Benjamin Fan We stand at the inflection point of a secular shift and exponential rise of connected, electric and autonomous mobility technology. A new “Internet of Mobility” (IoM) business model has emerged in the 21st Century which is highly embedded in a...
HARBIN (China Daily/Asia News Network): On the campus of Harbin Engineering University in Northeast China's Heilongjiang province, a "deliveryman" wound its way steadily among teachers and students. Upon arriving at a dormitory building, the 'deliveryman' called 25 students who ordered the food at the same time...