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New Cars in a New Economy

CKGSB Knowledge, Fall 2017

China’s two speed car market (Image by Beibei Nie)


Bill Russo was quoted in the fall issue of Cheung Kong Graduate School of Business’ Knowledge publication.

Extracted quotes:

“Hardware innovations, such as autonomous driving technology, will be commercialized through the development of on-demand mobility services and the larger digital ecosystems.”


China’s vehicle-to-population ratio (currently106 vehicles per 1,000 people) is unlikely ever to reach the US level of 800 per 1,000…

“China is still likely to approach Taiwan’s current level of 280 vehicles per 1,000 in the next 10 years.”


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