On Mar 8, Kardome, a provider of noise reduction software using speech recognition, has received a $1 million investment from Automotive Fund Co., Ltd., a subsidiary of MarkLines, an automotive information platform. The venture capital fund is specifically dedicated to the automotive industry and expects...
Media Source : Bloomberg Click here to the Audio Link Bloomberg Daybreak Asia Bill Russo, Founder and CEO of Automobility Limited, discusses his outlook for China's Auto sector and its structural and pricing challenges in advance of BYD’s earning’s call. He speaks with Haidi Stroud-Watts and Kathleen Hays...
Media Source : Reuters 17 MAR 2023 BEIJING, March 17 (Reuters) - SAIC Volkswagen Automotive Co is offering 3.7 billion yuan ($537 million) in cash subsidies for car purchases in China, joining more than 40 brands in slashing prices ahead of a change in emissions rules in...
EV Price War Engulfs the Entire Auto Industry Discounts are not offsetting weakened consumer demand Comments from Bill Russo, Founder & CEO of Automobility Ltd. Early Weakness Expected in 2023 Monthly year-over-year comparisons are less relevant for January and February due to the variation in the timing of the...
By Bill Russo and Howard Chao China abruptly dropped its draconian zero-COVID policies and reopened to the world in December of last year, a complete about-face. The Chinese authorities originally stated (and the world believed) that China would wind down these policies gradually, and the world...
Feb 1 - Mar 12, 2023 The 62nd edition of our Automobility Pulse Check features relevant funding rounds of mobility startups, and highlights “Featured Startups” from our EXCELerate pipeline. These startups fit our Digital Internet of Mobility thesis and have recently completed a funding round or...
5th Edition - Mar 3, 2023 This quarterly newsletter features companies from our Automobility EXCELerate pipeline that are actively fundraising and aim to close rounds in the next 3-6 months.Internet of Mobility Thesis The core of our thesis revolves around our view that digital disruption has created a...
Click here to the Audio Link Bill Russo, Founder and CEO of Automobility Limited has recently joined Auto | Mobility Tech podcast organized by Doon Capital and discussed the trends in the global automobility markets. Bill reflects on his journey that led him to his role as a global expert on...
Committees Event - Automotive Committee March 21, 2023 9AM - 9:45AM (GMT+8) Event Details The AmCham Shanghai Automotive Committee invites you to our Monthly State of China's Automotive Industry webinar on Tuesday, March 21 from 9:00 am - 9:45 am, to be held via Zoom Meeting. The goal of the...
On Feb 22, Arbe Robotics, a provider of the next-generation 4D Imaging Radar Chipset Solution, declared that it has obtained the Japanese Telecommunication and Radio certification for radar samples based on its mass production RF chipset. With the certification process finalized, a leading Japanese automotive...