Record Vehicle Shipments in a Weak Domestic MarketComments from Bill Russo, Founder & CEO of Automobility Ltd.Vehicle shipments for the full year in 2023 reached 30.1 million units, surpassing the previous peak of 28.9 million units reached in 2017. Total volumes were up 12% over 2022, with NEV...
Media Source : AP NEWS BY KEN MORITSUGU Updated 10:09 AM GMT+8, January 12, 2024 BEIJING (AP) — China’s auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said Thursday. The surge in exports, to 4.1 million according to the...
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...
Arbe Robotics has announced the immediate availability of its production intent chipset tailored for mass manufacturing of perception radars. This breakthrough chipset, comprising three integral chips - transmitter, receiver, and processor, stands as the inaugural high-count channel array "massive MIMO" imaging radar solution in the...
WattEV, the nation’s leading medium- and heavy-duty electric truck charging infrastructure developer, has clinched a record-breaking $75.6 million in federal grants from the U.S. Federal Highway Administration (FHWA). This substantial funding is dedicated to expanding the West Coast Electric Truck Charging Corridor with the construction...
Kardome Mobility parternering with Panasonic Automotive Systems Co. of America have unveiled an integration set to transform in-car voice experiences. Kardome Mobility's Spatial Hearing technology, celebrated for its ability to pinpoint voices and locations within a vehicle, has seamlessly merged with Panasonic Automotive's SkipGen2 In-Vehicle Infotainment...
Media Source : THE FINANCIAL TIMES Companies such as BYD and Nio are targeting overseas markets, leaving governments torn between encouraging greater take-up and protecting domestic manufacturers Edward White in Shanghai and Peter Campbell in London JANUARY 5, 2024, THE FINANCIAL TIMES For close to a century, Toyota prided...
Media Source : Reuters January 5, 2024 SUMMARY Tesla sells far more cars per store than rival BYD-CMBI data US EV maker, BYD both grew market share in China in Jan-Oct 2023 Tesla faces challenges in matching BYD's overall growth-analyst SHANGHAI, Jan 5 (Reuters) - Tesla's strategy in...
By Wan Lixin 21:09 UTC+8, 2024-01-03 "Selling to China: Stories of Success, Failure, and Constant Change" is an collection of articles by veteran businesspeople from select industries who have spent decades conducting business here and understanding China, in their efforts to make a case for trade. Their nuanced...
Media Source : EE Times By : Alan Patterson December 18, 2023 Experts predict that Chinese companies will dominate the global EV industry over the next decade by selling cars for prices unheard of outside China. Chinese companies will lead the global electric vehicle (EV) industry in the next...