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...
The Wire China, June 14, 2020 The electric vehicle company NIO was about to crash, but many think Beijing, intent on dominating the industry, grabbed the wheel. BY DAN XIN HUANG Last December, the electric vehicle company NIO hosted its annual celebration for customers in Shenzhen, one of...
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...
Radio France Internationale, April 17, 2020 Click here for a link to the podcast French automaker Renault says its China operations will from now focus exclusively on electric vehicles, after it pulled out of a joint venture with Wuhan manufacturer Dongfeng, which produces conventional internal combustion engines. Was it...
The Wall Street Journal, April 14, 2020 For Renault, the onset of the coronavirus epidemic snuffed out its bid to become a mainstream brand in China By Trefor Moss SHANGHAI -- Renault SA, which was already struggling in China before the coronavirus epidemic hit, will stop making gas-powered...
Tue, Apr 21, 2020 10:00 PM - 11:00 PM CST and 10:00 AM - 11:00 AM EDT Join the Auto Care Association and Bill Russo, Founder & CEO of Automobility Ltd. and AmCham Shanghai’s Automotive Committee Chair on Tuesday, April 21 from 10 a.m. - 11...
Bloomberg News, March 9, 2020 Beijing-based firm’s vans delivering medical supplies in China Regulatory restrictions in China eased during virus crisis The coronavirus has hurt many companies in China and around the world. Neolix, a driverless delivery business based in Beijing, isn’t among them -- in fact, it’s...
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...
THURSDAY, FEBRUARY 20, 2020 (9 AM - 11:45 AM) // SHANGHAI LOCATION The Langham Shanghai, Xintiandi 99 Madang Road Shanghai, China Grand Ballroom A, 3rd floor Lessons and Trends in the Industry AmCham Shanghai's Automotive Committee invites you to our Look Back/Look Ahead Automotive Forum, where industry insiders will discuss lessons learned...
Shanghai, China, January 13, 2020 Bill Russo spoke at the 20th UBS China Global China Conference held in Shanghai on January 13, 2020. Panelists included Chloe Reuter from Reuter Communications and Michael Boddington from Asian Agribusiness Consulting. Panel was moderated by Natalie Cade, Head of UBS China...