Media Source : Rest of World Rarely seen globally, there are already thousands of battery swap stations across China. By CAIWEI CHEN 3 APRIL 2024 China is combating EV infrastructural issues like long wait times for charging and sparse chargers in rural areas with battery swapping. EV maker...
Joint SingCham/AmCham Suzhou Event Event DescriptionWe are facing a secular and generational shift in the automotive and mobility sector. The rise of connected, electric, and autonomous cars requires that key stakeholders control critical technologies and supply chains. These stakehold: ers include national governments and industries that depend...
Media Source : CNBC Click here to the AUDIO Link Xiaomi tries to establish itself in the new category with EV launch, key question is can it compete? Bill Russo of Automobility says Xiaomi hopes to leverage on its smart device ecosystem to win over customers for its...
Media Source : CNBC 18 MAR 2024 by Dylan Butts and Evelyn Cheng KEY POINTS Given policy uncertainty around Chinese EV exports to major markets like the U.S. and Europe, BYD is seeking to bolster overseas sales by moving production to regions perceived as more friendly. BYD is...
Media Source : Reuters March 28, 2024 By Sarah Wu and Yelin Mo BEIJING, March 28 (Reuters) - China's Xiaomi (1810.HK) will launch its highly anticipated electric vehicle (EV) on Thursday when it will reveal its pricing and start taking orders, marking the electronics company's entry into the...
Hyper-competition Triggers Price War II Comments from Bill Russo, Founder & CEO of Automobility Ltd. As we have highlighted in our February newsletter, China's automotive market is contending with a number of headwinds exiting 2023: Multi-year decline in sales volumes of Internal Combustion Engine (ICE) powered vehicles (down 11 million units from...
Committees Event - Automotive Committee April 23, 2024 9AM - 10AM (GMT+8) The AmCham Shanghai Automotive Committee invites you to our Monthly State of China's Automotive Industry webinar on Tuesday, April 23 from 9:00 am - 10:00 am,, to be held via Zoom Meeting.The goal of the Automotive Committee is to...
DATE: March 28, 2024 TIME: 18:00 - 21:00 DRESS: Business Attire VENUE: Kempinski One Suites, 601 Fengyang Road, Shanghai - Subway line 2, West Nanjing Road Station. Bill Russo will be the featured speaker at the next RBC CEO Talks event to be held on Thursday, March 28, 2024, from 6-9pm, at the...
Arbe, a globally recognized leader in Perception Radar solutions, has officially unveiled its latest strategic endeavor: the establishment of a new office in Shanghai, China. This move underscores Arbe's unwavering dedication to fortifying its position within the region and enhancing collaborative efforts with key stakeholders. The...
Media Source : Financial Times Warren Buffett-backed company loses some market share to sanctions-hit Chinese telecoms group The Financial Times, March 26, 2024 by Edward White in Shanghai and Gloria Li in Hong Kong BYD profits rose last year but fell short of expectations as Tesla’s main Chinese rival...