07 Jul CNBC : Global automakers need to “Flip the Script” or face elimination
Media Source : CNBC
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Bill Russo CEO of Automobility Ltd was interviewed by Sri Jegarajah on CNBC’s The China Connection on June 12, 2025.
In segment 1, Bill said that China has built dominance in EV batteries, core electronics, and integration of full stack hardware and software solutions. He added that global automakers need to incentivize Chinese companies to invest globally, so they can take advantage of China’s economies of scale. He also addressed the structural problems in China’s market, including oversupply and aggressive price cuts.

In segment 2, he talked about the market forces in the global EV market, and explained why he believes BYD will be the first Chinese company to emerge as a truly global automaker.

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