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...
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By Bill Russo and Edward Tse | China Daily Global Original Source: China Daily, 2021-04-14 09:23 Gao Feng Advisory CEO Dr. Edward Tse's article entitled, "Auto Industry Gets Smart, Adapts to Market Changes" (co-authored with Bill Russo) was published on China Daily on 14th April. Dr. Tse said China's...
The Rebound of China’s Automotive Market China’s automotive market, already in a multi-year decline, has been hit especially hard by the COVID-19 pandemic. In the first quarter of 2020, China’s auto sales were slashed by 42.4 percent year-on-year, with the passenger vehicle (PV) segment plunging further...
LinkedIn Pulse, April 2020 by Bill Russo, Bevin Jacob, Emily Wang and Amber Shu The Chinese automotive market is showing positive signs of a steady recovery since February when the country was under lockdown. As shown in Figure 1, the year-over-year change in daily average passenger vehicle...
by Bill Russo and Edward Tse Over the past several years, app-based digital services have exploded in China, with its over 800 million mobile internet users. China’s digital economy is providing affordable and convenient access to products and services, which typically involve some form of people and/or goods...
by Bill Russo, Bevin Jacob, Emily Wang and Amber Shu Throughout history, convenience and user experience have typically shaped our choices when it comes to transportation. People are inherently mobile creatures and some of history’s greatest inventions – wheels, bicycles, steamships, trains, cars, and airplanes – have...
在过去几年中，出行服务在中国呈爆炸式增长，为日益城市化的社会提供了实惠便利的交通解决方案。目前在中国，大部分出行用户并不拥有汽车，这是对传统的汽车行业价值链的挑战，同时可能颠覆其根深蒂固的商业模式。...