Enervibe, a provider of energy harvesting solutions for low power devices, has recently completed an initial round of financing of $3.4 million from the Mobilitech Capital Fund, which is supported by Dan Transportation Group and Samelet Group, Capital Nature and CBG. The round also includes...
Apr 23 - Jun 12, 2022 This issue highlights more capital being deployed to the used car industry as startups have entered the market with easier-to-use platforms. And with the ongoing supply chain disruptions, the premium on used cars has increased. Among the digital used car platforms...
Easing of lockdown restrictions along with fresh stimulus results in a moderate sales recovery in June EV sales surge to a record high and remain the only growth segment in a slowing China economy Comments from Bill Russo, Founder & CEO of Automobility Ltd. China's auto market stabilized...
3rd Edition - July 18, 2022 This quarterly newsletter features companies from our EXCELerate pipeline that are actively fundraising and aim to close rounds in the next 3-6 months. Automobility’s EXCELerate Pipeline and Internet of Mobility Thesis The core of our thesis revolves around our view that digital...
Committees Event - Automotive Committee July 20, 2022 9AM - 9:40AM (GMT+8) Event Details The AmCham Shanghai Automotive Committee invites you to our Monthly State of China's Automotive Industry webinar on Wednesday, July 20, from 9:00 am - 9:40 am, to be held via Zoom Meeting. The goal of the...
Media Source : WIRED Zeng Yuqun is China’s most prolific battery billionaire. His ascent has major implications for a world increasingly reliant on electric vehicles. PHOTOGRAPH: QILAI SHEN/BLOOMBERG/GETTY IMAGES The headquarters of battery giant CATL tower over the coastal Chinese city of Ningde. To the untrained eye, the...
May 25, 2022 Bonny Doon, California, USA Automobility Ltd’s Founder & CEO Bill Russo was a panelist at the recent Net Zero Investing in Auto Mobility Tech event hosted by Doon Insights, where he shared the view from China. The event was attended by global mobility players-, corporate...
Media Source : Reuters 26 MAY 2022 By Norihiko Shirouzu Buick's electric vehicle(EV) Velite 6 of GM is unveiled during the media day for Shanghai auto show in Shanghai, China April 15, 2019. REUTERS/Aly Song/File Photo BEIJING, May 26 (Reuters) - If global automakers think they can extend...
Media Source : Forbes 20 MAY 2022 by Russell Flannery Out from Shanghai: Automobility CEO Bill Russo returned home to Reno, Nevada this month. American businessman Bill Russo has a long record of success in China. The 18-year veteran in the country arrived in Beijing as head of North...
Media Source : NIKKEI Widespread lockdowns dent consumer spending; vehicle sales plunge 16 MAY 2022 by CK TAN, Nikkei staff writer Tesla's factory in Shanghai temporarily shut most production amid citywide lockdowns. © Reuters SHANGHAI–China's key economic data tumbled in April as virus lockdowns, including in the financial capital Shanghai,...