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...
Media Source : Bloomberg Click here to the Audio Link Bill Russo, Founder and CEO of investment advisory firm Automobility, says well-established Chinese EV makers will be able to continue their international push despite European Union tariffs. He speaks with David Ingles and Annabelle Droulers on "Bloomberg:...
Comments from Bill Russo, Founder & CEO of Automobility Ltd. 2024 HALF YEAR HIGHLIGHTS Shipment volumes are up 6.1%, with New Energy Vehicle (NEV) shipments up 32% while gasoline powered vehicle shipments are down 4.1% versus H1 2023 1 in 5 Made-in-China cars are exported, with exports up 31.3% versus...
8th Edition - July, 2024 This newsletter features active investment opportunities from our Automobility EXCELerate pipeline. The companies noted here are actively fundraising and seeking commercial partnerships. Several aim to close an equity investment round in the 2nd half of 2024. Click on the links in the...