September 2, 2024By Bill Russo, Jackie Tang and Jayce Lu Since the beginning of this century, China has adopted electrification of mobility as a national strategy to enhance its energy security. The country currently imports about 70% of its oil, making it heavily dependent on foreign...
Media Source : The Financial Times Consumers shift to plug-in models from local rivals such as BYD September 6, 2024 by Edward White in Shanghai Chinese car buyers are shunning Tesla as rival manufacturers flood the world’s largest car market with more advanced electric vehicle models. The US company’s share...
📅 Date and Time: Wednesday, September 4, from 8:00 to 9:00 a.m. 📍 Location: Room 401, Building T, 1618 Yishan Road, Xuhui District, Shanghai.📌 Agenda: 7:55-8:00 AM: Doors open. Arrive early to grab the best seat and connect with fellow tech enthusiasts. 8:00-8:10 AM: Welcome session led by our team. 8:10-8:25...
Comments from Bill Russo, Founder & CEO of Automobility Ltd. 2024 HALF YEAR HIGHLIGHTS NEV passenger vehicle sales surpassed gasoline powered vehicles for the first time on a monthly basis in July. Chinese brands now hold 63% share of the passenger vehicle market, an increase of...
Media Source : CNBC Click Here to the Audio Link Automobility Founder & CEO Bill Russo contributed to this CNBC report on how the Chinese EV market differs from the approach taken in the rest of the world. In a nutshell, it is our view that the key...
Media Source : Bloomberg Click here to the Audio Link China's electric car makers are facing pressure on several fronts, with a price war at home and tariffs overseas. Bill Russo, Founder & CEO of Automobility, predicts weaker conditions ahead for many carmakers except those growing abroad...
After the Storm: Competing in China's New Automotive Landscape AmCham Shanghai's Automotive Committee is excited to present our annual 2024 Automotive Conference - After the Storm: Competing in China's New Automotive Landscape on Tuesday, September 10 from 8:30 am to 4:00 pm in the Westin Bund Center Shanghai. China...
Media Source : The Financial Times World’s second-biggest economy is slowing, appetite for foreign brands has weakened and local competition is intense The Financial Times, August 11, 2024 by Edward White and Thomas Hale in Shanghai, Madeleine Speed, Daniel Thomas and Claire Jones in London and Patricia Nilsson...
Media Source : China Daily Global August 1, 2024 By JULIAN SHEA in London | China Daily Global The surge in Chinese electric vehicle sales across Europe in June was mainly driven by looming tariff threats, newly released data reveal. According to analytics company Dataforce, Chinese carmakers captured a...
Media Source : The Exchange Podcast Click here to the Audio Link Bill Russo, the Founder and CEO of Automobility Ltd, recently joined The Exchange Podcast, which was moderated by Katrina Hamlin from Thomson Reuters. Bill shared his perspective on the topic of how EV makers in China can ride the tariffs...