Arbe, a globally recognized leader in Perception Radar solutions, has officially unveiled its latest strategic endeavor: the establishment of a new office in Shanghai, China. This move underscores Arbe's unwavering dedication to fortifying its position within the region and enhancing collaborative efforts with key stakeholders. The...
Media Source : Financial Times Warren Buffett-backed company loses some market share to sanctions-hit Chinese telecoms group The Financial Times, March 26, 2024 by Edward White in Shanghai and Gloria Li in Hong Kong BYD profits rose last year but fell short of expectations as Tesla’s main Chinese rival...
Media Source : The Wire China The fierce competition between Chinese automakers has the potential to reshape EV markets around the world — and stoke resistance. By Rachel Cheung March 24, 2024 When BYD kicked off its latest marketing campaign last month, it used a simple slogan: “Electric Is...
Media Source : Xinhua News In 2023, China's auto exports surged 57.9 percent year on year to a record high of 4.91 million vehicles. Especially, new energy vehicle exports were growing rapidly. In the latest InShanghai Roundtable, we'll explore more about China's NEV industry. Guests: Bill Russo,...
Media Source : Bloomberg News March 11, 2024 Major automakers look to high-tech features beyond drivability Country’s cut-throat industry has had sluggish start to year In China, electric vehicles with built-in fridges and even in-car karaoke systems are considered passé. Instead, carmakers are turning to increasingly novel...
DATE: March 28, 2024 TIME: 18:00 - 21:00 DRESS: Business Attire VENUE: Kempinski One Suites, 601 Fengyang Road, Shanghai - Subway line 2, West Nanjing Road Station. Bill Russo will be the featured speaker at the next RBC CEO Talks event to be held on Thursday, March 28, 2024, from 6-9pm, at the...
Media Source : The Wall Street Journal Once laggards, Chinese carmakers are stirring envy—and fear—in the global auto industry By Selina Cheng in Hong Kong and Yoko Kubota in Beijing Mar 4, 2024 China is speeding ahead in the electric-vehicle race. Riding the nation’s EV boom, upstart automakers have...
Siemens AG has concluded the acquisition of Inspekto, a leading AI-enabled machine vision software company based in Israel, marking a significant stride in the domain of industrial technology. Inspekto's pioneering technology offers manufacturers of varying scales a competitive edge by automating visual inspection processes with remarkable...
Structural Overcapacity Drives Focus on Exports and Price Discounts Comments from Bill Russo, Founder & CEO of Automobility Ltd. Vehicle shipments in January reached 2.4 million units, a 47.9 percent increase from the previous January, with NEV shipments up 78.8% and ICE shipments up 40.1%. It is important to note that...
Committees Event - Automotive Committee March 21, 2024 9AM - 10AM (GMT+8) The AmCham Shanghai Automotive Committee invites you to our Monthly State of China's Automotive Industry webinar on Thursday, March 21 from 9:00 am - 10:00 am,, to be held via Zoom Meeting.The goal of the Automotive Committee is to...