19 Jan Automobility EXCELerate Pipeline – Edition #46
We are very pleased to share the 46th Edition of Automobility’s EXCELerate pipeline. As always, we are continually scanning the global mobility technology landscape to curate excellent investment opportunities that we believe offer differentiated solutions which fit our “Internet of Mobility” (IoM) and Energy Transition theses.
Recent Pipeline News, Publications and Media Mentions
We are pleased to share the significant progress being made by several of our EXCELerate portfolio companies since our last update.
This and other recent news highlighting the milestones achieved by companies in our EXCELerate pipeline:
- E2 Mobility took the spotlight at the Shanghai-North America Clean Tech and Carbon Neutrality Summit
- Ford Connects with AMP to Power its Energy Transition
- B–ON and MIH announce shared urban mobility vision
- Enervibe Receives Prestigious Financial Support from Israel Innovation Authority
- Continental and Ethernovia Collaborate on 7nm Automotive Switch
Featured in EXCELerate Pipeline 46
This 46th edition features 38 companies on our EXCELerate “Menu”, of which 10 are part of our Energy Transition portfolio. These companies have met our evaluation criteria which ranks each startup across a range of metrics. The charts below show the regional and IoM stack coverage of these startups.
3 startup has been upgraded to our “qualified list” of startups of interest:
- FLUX is a US-based luxury brand that will take us back to the electric future
- SHADE is a provider of nanomaterials for improving accuracy of image sensing
-
SOLID is a developer of solid-state battery technology, providing solutions for the design and manufacturing of all-solid-state Li-ion battery
Also, 3 startups have been added to our “long list” since our last update:
- RENEW is a Singapore-based lithium battery recycling solution provider
- SPINNER is Germany-based provider of revolutionary and ultra efficient drive units for electric vehicles
-
VOLTCORE is a developer of powertrain system for multi-categories of electric vehicles
NOTE: Project Codenames are used for startups on the EXCELerate menu of qualified opportunities. More detailed information on each company can be found in our EXCELerate Dealbook, which can be obtained by emailing us at [email protected]
We would be happy to arrange an introduction to any of the companies in our pipeline.
AUTOMOBILITY NEWS CONTRIBUTIONS
We continue to play a very active role of keeping everyone informed of the developments in the global race to the Future of Mobility.
Since our last update, we contributed to numerous events, articles and media stories:
- Bill Russo Delivers Keynote at US-China Bridge Forum
- State of China’s Auto Market – October 2023
- State of China’s Auto Market – November 2023
- State of China’s Auto Market – December 2023
- Automotive Committee Receives 2023 Contribution Award
- How BYD Became one of the World’s Biggest Brands [BBC VIDEO]
- Bill Russo Commentary on Tesla in China [CGTN VIDEO]
- Automobility’s Russo on China EV Sector outlook [Bloomberg VIDEO]
- Tesla’s China sales are falling compared to its rival BYD [Fortune]
(Copy and paste the link to your browser: https://fortune.com/asia/2023/10/09/tesla-china-september-sales-vs-byd-data-deliveries/)
- China’s Economic Stake in the Middle East: Its Thirst for Oil [NYTimes]
(Copy and paste the link to your broswer: https://www.nytimes.com/2023/10/11/business/china-oil-saudi-arabia-iran.html?unlocked_article_code=zXsCk1qCShNwN0VJ1BnMr-9-PBX-htIpMtU3Z_9uBO3o6UgXHcZ4Xv69bN2MeZS2laJQ3EBzhw8n5Za6v7ZGJVYCIQK7aEflvP-2YeHsRO6CkBQk3HBp6n5VMYI6ONOEHGmsdyhOIO7m5PXbfwxZuhEjWU7Uzp0ir8jHfjq8B6oYHc3ZWBm7G7n9kttW7Cacg92OXF6nev0PF_xUlVUpLWm_o-3vAS2TtNjRxMxT6jtrnLoUziZ_6haZZZmL5mmFz8tn9E8OlkV4N8IXEpzXPDJGeWUFewh1OP2zXxHlCQ3Irdc7-2zC-cjVMroJ834p1bA62BnuRdmUKPR-Idqnl30hy8Ucbg&smid=url-share)
- Chinese electric car makers once mocked by Elon Musk are flooding Europe with affordable EVs [Daily Mail]
(Copy and paste the link to your broswer: https://www.dailymail.co.uk/yourmoney/electric-vehicles/article-12572357/Chinese-electric-cars-America.html)
- China’s led the EV race – but it may be running out of charge [Insider]
(Copy and paste the link to your browser: https://www.businessinsider.com/electric-cars-ev-race-china-economy-batteries-catl-byd-2023-10)
- Taiwan’s Foxconn to build ‘AI factories’ with Nvidia [CNN]
(Copy and paste the link to your browser: https://edition.cnn.com/2023/10/18/tech/taiwan-foxconn-nvidia-ai-ev-hnk-intl/index.html)
- Jeep, Dodge maker Stellantis to invest $1.6 billion in Chinese EV startup Leapmotor [CNBC]
(Copy and paste the link to your browser: https://www.cnbc.com/2023/10/26/stellantis-to-invest-1point6-billion-in-chinese-ev-start-up-leapmotor.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Message)
- Stellantis takes $1.6 bln Leapmotor stake to revive China fortunes [Reuters]
(Copy and paste the link to your browser: https://www.reuters.com/business/autos-transportation/chinas-zhejiang-leapmotor-will-issue-shares-worth-11-bln-stellantis-2023-10-25/)
- Elon Musk and Tesla can perhaps breathe a small sigh of relief as they reportedly get a reprieve from the EU’s China EV probe [Fortune]
(Copy and paste the link to your browser: https://coats-share-oiq.craft.me/W5Svv8WVgKIcgg)
- After Elon Musk predicts leading carmakers will be Chinese, smartphone giant Xiaomi unveils first EV and vows to be in ‘world’s top 5’ [Fortune]
(Copy and paste the link to your browser: https://fortune.com/asia/2023/12/28/china-xiaomi-electric-vehicles-su7-unveiled-elon-musk-prediction-chinese-ev-makers/amp/)
- China’s Xiaomi unveils first electric car, plans to become top automaker [Reuters]
(Copy and paste the link to your browser: https://www.reuters.com/business/autos-transportation/china-smartphone-maker-xiaomi-unveils-first-electric-vehicle-2023-12-28/)
- Tesla challenger Nio gets $2.2 billion investment from Abu Dhabi’s CYVN [CNN]
(Copy and paste the link to your browser: https://amp-cnn-com.cdn.ampproject.org/c/s/amp.cnn.com/cnn/2023/12/19/cars/china-nio-investment-hnk-intl/index.html)
- Why Volkswagen Is Building a Team of 3,000 Engineers in China [NY Times]
(Copy and paste the link to your browser: https://www.nytimes.com/2023/12/12/business/volkswagen-china.html?smid=nytcore-ios-share&referringSource=articleShare)
- Global Automakers Turn to China for EV Lessons [Wall Street Journal]
(Copy and paste the link to your browser: https://www.wsj.com/business/autos/global-automakers-turn-to-china-for-ev-lessons-4065abfd?st=j9f9ksh8rycz20b&reflink=desktopwebshare_permalink)
- Experts Expect Chinese Makers to Lead Global EV Market [EE Times]
(Copy and paste the link to your browser: https://www.eetasia.com/experts-expect-chinese-makers-to-lead-global-ev-market/?utm_source=social&utm_medium=LIEETA&utm_campaign=LI-2023-12-11)
- US Considering Hiking Tariffs on China EVs, Solar Products, WSJ Reports [Bloomberg]
(Copy and paste the link to your browser: https://au.finance.yahoo.com/news/us-considering-hiking-tariffs-china-060803501.html)
- Hybrid vehicle sales surge in China, posing fresh threat to foreign automakers [Reuters]
(Copy and paste the link to your browser: https://www.reuters.com/business/autos-transportation/hybrid-vehicle-sales-surge-china-posing-fresh-threat-foreign-automakers-2023-11-21/)
- China’s Li Auto to mass produce first fully electric EV in Feb [Reuters]
(Copy and paste the link to your browser: https://www.reuters.com/business/autos-transportation/chinas-li-auto-says-start-mass-production-its-first-ev-feb-2023-11-17/)
- VW and Stellantis Show the Script Has Flipped With China’s Carmakers [Bloomberg]
(Copy and paste the link to your browser: https://www.bloomberg.com/news/newsletters/2023-11-09/vw-stellantis-bet-on-china-to-revive-flagging-ev-fortunes)
- Toyota is being squeezed out of the world’s largest auto market as the shift to EVs heats up [Electrek]
(Copy and paste the link to your browser: https://electrek.co/2023/11/07/toyota-squeezed-out-of-china-shift-to-evs-heats-up/)
- How China’s BYD went from bargain battery maker to Tesla’s biggest rival [Nikkei Asia]
(Copy and paste the link to your browser: https://asia.nikkei.com/Spotlight/The-Big-Story/How-China-s-BYD-went-from-bargain-battery-maker-to-Tesla-s-biggest-rival)
RELEASE DATE: January 4. 2024
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