On Jun 14, Tomorrow.io, an AI-enabled platform for weather analytics, announced the successful launch of its R-2 satellite from Vandenberg Air Force base in California and the completion of its $87 million Series E funding round, led by Activate Capital. New investors as part of...
Click here to the Audio Link Media Source : CGTN Bill Russo was a guest on the China Global Television Network’s Dialogue program to discuss the outlook for China’s New Energy Vehicle market. Topics included, the market structure, global exports, battery supply chain, and potential structural changes...
Media Source : People's Daily Online 20 JUN 2023 A BYD vehicle on display during an expo in Paris, France. [Photo/Xinhua] One of the keys to success in the electric vehicle industry is making an affordable car for the mass market. Chinese automaker BYD — which stands for "Build...
Media Source : REUTERS 19 JUN 2023 By Katrina Hamlin HONG KONG, June 19 (Reuters Breakingviews) - Chinese automakers will road test Western protectionism. Electric-car marques led by BYD (002594.SZ), (1211.HK) are establishing their supremacy at home against global brands such as Tesla (TSLA.O)and Volkswagen (VOWG_p.DE) thanks to...
One of the most frustrating comments we have heard in the aftermath of the Shanghai Auto Show in April were comments that automotive industry executives were “caught by surprise” with how rapidly China has changed and in a way that is not favorable to the traditional carmakers...
Media Source : THE WIRE CHINA 26 FEB 2023 How did the Chinese automaker become such a dominant force in the EV industry? And, perhaps more importantly, can it stay that way? Illustration by Luis Grañena BY ELIOT CHEN — JUNE 18, 2023 If you had to pinpoint the moment...
On Jun 7, Arbe Robotics, a provider of the next-generation 4D Imaging Radar Chipset Solution, has announced a definitive agreement to raise $23 million through the sale of its registered ordinary shares. The shares will be purchased by the Special Situations Funds and certain existing...
Media Source : REUTERS 16 JUN 2023 A view of a Tesla sign at its factory in Shanghai, China June 12, 2023. REUTERS/Aly Song China cautious about approving new EV production -analysts Tesla has aimed to produce 450,000 cars a year at new site Chinese EV production...
Lackluster May sales paid for with a price war Record PHEV sales solidifies market leadership of BYD and Li Auto Comments from Bill Russo, Founder & CEO of Automobility Ltd. Let’s begin by repeating our statement from our previous newsletters: year-over-year comparisons are irrelevant in the second quarter because 2022 was...
Media Source : Washington Post Chinese 14 JUN 2023 By Meaghan Tobin and Lyric Li People walk by a BYD stand at the 20th Shanghai International Automobile Industry Exhibition in April. BYD models are now the top-selling electric vehicles in Thailand, Israel, New Zealand and Singapore. (Hector Retamal/AFP/Getty...