editor, Author at Automobility

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16 Jul The Wall Street Journal : In China, the Era of Western Carmakers Is Over

Posted at 22:08h in Media Mentions by editor 0 Comments

Media Source : The Wall Street Journal Foreign brands lose share to Chinese rivals, driven by local manufacturers’ lead in electric vehicles, as Beijing’s industrial policy pays off By Yoko Kubota and Selina Cheng 10 JUL 2023 SOURCE: https://www.wsj.com/articles/rise-of-chinas-ev-makers-puts-end-to-wests localdominance-775d0811?st=cbealwaa18b2zx2&reflink=desktopwebshare_permalink BEIJING—Sales of homegrown passenger-car brands in China are consistently eclipsing...

16 Jul Webinar | State of China Auto Market Monthly Briefing (July)

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Committees Event - Automotive Committee July 18, 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, July 18 from 9:00 am - 9:45 am, to be held via Zoom Meeting. The goal of the Automotive Committee...

16 Jul BBC : Bill Russo on Chinese Auto Exports [BBC VIDEO]

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Bill Russo made an appearance on BBC’s Asia Business Report on July 5 to discuss China’s surging car export market. Highlights from the interview: Car exports from China have tripled from 2020 to 2022 and will quadruple in the full year of 2023 EV exports represent just 23.2% of...

16 Jul Reuters : Beijing’s autos intervention is a necessary evil

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Media Source : Reuters 07 JUL 2023 By Katrina Hamlin HONG KONG, July 7 (Reuters Breakingviews) - Beijing has engineered an unlikely truce in an attempt to end China’s car wars. On Thursday, regulators orchestrated an agreement between Tesla (TSLA.O) and 15 Chinese rivals to avoid “abnormal pricing”,...

03 Jul BBC : Elon Musk: Tesla delivers record number of cars after price cuts

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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...

03 Jul China’s Auto Industry: The Race to a Sustainable Future

Posted at 11:08h in Announcement by editor 0 Comments

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...

02 Jul Tomorrow.io Launches 2nd Satellite and Closes $87M Series E

Posted at 22:42h in Announcement by editor 0 Comments

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...

02 Jul CGTN : Outlook for China’s New Energy Vehicle Market [CGTN VIDEO]

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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...

27 Jun People’s Daily Online : China jolts EV market with affordable vehicles

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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...

22 Jun REUTERS : China’s next export is an electric-vehicle fight

Posted at 14:33h in Media Mentions by editor 0 Comments

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...