Comments from Bill Russo, Founder & CEO of Automobility Ltd. The China auto market is experiencing a secular shift to electrification, which we covered in our recent November update titled The Inexorable Rise of Electric Vehicles in China. In this update we highlighted the fact that more...
NOVEMBER 2021 UPDATE Comments from Bill Russo, Founder & CEO of Automobility Ltd. Overall automotive industry sales through November remain up 4.5% in China when compared with the same period of 2020, with passenger vehicles up 7.1% and commercial vehicle sales down 5.3%. Through November, ~3 million New...
2.333 million vehicles were sold in October 2021, a decrease of 19.6 percent when compared with October 2020. Overall calendar year sales through October remain up 6.4% when compared with the same period of 2020, with passenger vehicles up 8.8% and commercial vehicle sales down...
Courtesy of FCVC 2021 6th International Hydrogen Vehicle Fuel Cell Congress By Bill Russo, Emily Wang and Maggie Zhou China has recently struggled with severe power shortages, leaving millions of homes and businesses without power. The outages have rippled across eastern and central regions, where most of...
In/Around/Beyond Internet of Energy (IoE) Architecture By Bill Russo, Bevin Jacob, Benjamin Fan, and Twyla Zhang The automotive industry is on the front line of a high-tech battle for sustainable economic development – and control of the supply chain of materials needed to power transportation will determine...
China auto sales recorded its first month-over-month increase since March, with 2.067 million units sold in September. Overall sales through the 3rd quarter remain up when compared with the same period of 2020, but the industry will struggle to match the last year’s 25.2 million unit performance. Through...
By Bill Russo, Bevin Jacob, Twyla Zhang and Benjamin Fan We stand at the inflection point of a secular shift and exponential rise of connected, electric and autonomous mobility technology. A new “Internet of Mobility” (IoM) business model has emerged in the 21st Century which is highly embedded in a...
HARBIN (China Daily/Asia News Network): On the campus of Harbin Engineering University in Northeast China's Heilongjiang province, a "deliveryman" wound its way steadily among teachers and students. Upon arriving at a dormitory building, the 'deliveryman' called 25 students who ordered the food at the same time...
A sharp deceleration in new car sales continued in China last month, with a steady rise in New Energy Vehicle sales, along with an expanding market for used cars. Through August, 1.81 million NEVs (mainly BEV and PHEV) were sold, almost three times higher than the same...
With the release of July sales results, we can see that the consumer interest in Electric Vehicles is at an all-time high, and several other interesting trends are also worth noting. Year-over-year comparisons are rather meaningless this year, since the first half of 2020 was dramatically...