Media Source : HUB Cleantech Indonesia January 22, 2022 The first regional EV battery plant recently began construction in Karawang, West Java, positioning Indonesia as a key global battery supplier. Operated by HKML Indonesia, the facility will work under the direction of a consortium of companies including...
Media Source : Forbes by Russell Flannery January 23, 2022 Rising sales helped net profit at Great Wall Motor, China’s largest home-grown SUV maker, increase by 26% in the 12 months to December, the big non-government controlled-automaker said on Sunday. Profit rose to 6.78 billion yuan, or $1.06...
Look Back, Look Ahead: Automotive Industry 2021 Review and 2022 Outlook The AmCham Shanghai Automotive Committee hosted its 2022 kick-off event, Look Back, Look Ahead on January 19. The session provided a review of of 2021 sales results and discussed the new technologies and policies shaping...
Media Source : Tech for Impact By Periphery January 17, 2022 With Asia’s urban population growth on a steep upward trend, governments face the dual challenge of implementing efficient urban transport systems while managing pollution and emissions commitments. One Canadian company believes it has a viable solution. Toronto-based Magnovate...
Media Source : The Wire China By ELIOT CHEN — JANUARY 16, 2022 COVER PHOTO: The SAIC-GM-Wuling Mini EV, China's best selling electric vehicle in 2021. Starting at $4,500, the Mini is a hit among young people who customize it with exotic decals. China’s appetite for electric vehicles...
Comments from Bill Russo, Founder & CEO of Automobility Ltd. General Observations In 2021, China passed the inflection point of a secular and generational shift with a corresponding exponential rise of Smart EV technology. Automakers are now reallocating capital plans and investing in electric mobility platforms & technology. The...
Media Source : CNBC by Arjun Kharpal @ARJUNKHARPAL KEY POINTS Several Chinese electric carmakers from Xpeng to Nio are turning to semiconductors from U.S. chip giant Nvidia to power their semi-autonomous driving systems. One analyst said these advanced driver-assistance systems, or ADAS, could be a “key differentiator” for...
This issue highlights investors continuing to back startups in the EV market in India. Ola Electric picked up $53 million led by Temasek whereas Ultraviolette Automotive raised around $15 million from TVS and Zoho. eLeapPower, a provider of a smart inverter system for EV charging, raised...
Look Back & Look Ahead - Automotive Industry Please join the AmCham Shanghai Automotive Committee's 2022 kick-off event: Look Back, Look Ahead on January 19 from 8:30 am to 10:30 am at AmCham Shanghai. Our expert speakers will review the 2021 sales results, discuss the new technologies...
Click here to the audio link Bill Russo was a keynote speaker at Morgan Stanley’s Virtual China New Economy Summit 2022 on January 5, 2022. He spoke on the topic “The Rise of Smart EV and the New Competitive Landscape in China: Tesla vs. Volkswagen vs....