July 7, 2023FOR IMMEDIATE RELEASETel Aviv, Israel and Shanghai, China ARMONIC, a mixed reality (MR) software provider, has announced that Bill Russo, Founder & CEO of Automobility Limited, has joined its Advisory Board. Mr. Russo will provide guidance to the Israel-based startup and assist with the business...
This article is the cover story of the Summer 2023 edition of The Journal of the American Chamber of Commerce in Shanghai. It features an interview with Bill Russo, the Founder & CEO of Automobility Limited, and the Chairman of the Automotive Committee at AmCham Shanghai. If you...
We are delighted with the response so far to our China Automotive Market Briefing offering, which we launched on June 21: Announcing the China Automotive Market Briefing Series We have already held briefings online and in-person with multiple clients in the USA, Europe and China, with several...
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...
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...
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...
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”,...
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...