Media Source: BBC 03 JULY 2023 By Annabelle Liang, Business reporter Electric carmaker Tesla says it delivered a record number of vehicles in the three months to the end of June, after cutting prices to boost sales. It has lowered prices in markets including the US, UK and China...
We are very proud to announce that the book Selling to China: Stories of Success, Failure & Constant Change is now available to order! Automobility’s Founder and CEO Bill Russo wrote the chapter titled China’s Auto Industry: The Race to a Sustainable Future, which can also...
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...