Media Source : Barrons By Craig Mellow Aug. 18, 2023 Nearly three-quarters of China’s foreign car sales are the old-fashioned internal combustion ones. Innovative EVs eventually may play a bigger role in exports. EVs may play a bigger role in China’s export engine. Here: BYD automobiles are exported from...
Media Source : BBC By Mariko Oi Business reporter Vietnamese electric vehicle (EV) maker VinFast's stock market valuation has soared above Ford and General Motors (GM) on its first day of trading. Shares in the firm, which has yet to make a profit, closed above $37 (£29) each in...
Media Source : Bloomberg Bloomberg TV Daybreak Asia August 22nd, 2023, 10:36 AM GMT+0800 Click here to the Audio Link Bill Russo, founder and chief executive officer at Automobility Limited, discusses his outlook for China's electric vehicle sector. He speaks with Bloomberg's Shery Ahn and Paul Allen on "Bloomberg...
Media Source : The Wire China The major milestones on China's path to becoming the world's leading auto exporter. BY AARON MC NICHOLAS — AUGUST 13, 2023 Geely's Dihao EV. Credit: Geely via X, formerly known as Twitter Back in 1984, the story of a Beijing chicken farmer saving...
Media Source : Business Insider Alexa St. John Aug 3, 2023, 8:46 PM GMT+8 A recent Bloomberg study found Tesla's fans are loyal despite Elon Musk's antics. It's not likely interest in the brand will shift anytime soon, even with the next wave of EV buyers. Aly Song/Reuters Just...
Media Source : BLOOMBERG World's largest automakers are taking a divergent path in the biggest market: Some German brands and GM are betting on new EVs, while Toyota and others shift to cost cuts. July 28, 2023 09:12 AM ZHANG YAN BRENDA GOH BLOOMBERG A Cadillac Lyriq concept EV, powered by...
Media Source : REUTERS 28 JULY 2023 A truck transports new Tesla cars at its factory in Shanghai, China May 13, 2021. REUTERS/Aly Song/File Photo SHANGHAI, July 28 (Reuters) - For foreign automakers in China, it is time to double down on a turnaround or cut losses after...
Media Source : CGTN Click here to the Audio Link In the week both BYD and Tesla released record sales figures for the second quarter of the year, this week on The Agenda we consider the future for electric cars. In spite of rising sales, many consumers still...
This article is the cover story of the Summer 2023 edition of The Journal of the American Chamber of Commerce in Shanghai. It features an interview with Bill Russo, the Founder & CEO of Automobility Limited, and the Chairman of the Automotive Committee at AmCham Shanghai. If you...
Media Source : The Wall Street Journal Foreign brands lose share to Chinese rivals, driven by local manufacturers’ lead in electric vehicles, as Beijing’s industrial policy pays off By Yoko Kubota and Selina Cheng 10 JUL 2023 SOURCE: https://www.wsj.com/articles/rise-of-chinas-ev-makers-puts-end-to-wests localdominance-775d0811?st=cbealwaa18b2zx2&reflink=desktopwebshare_permalink BEIJING—Sales of homegrown passenger-car brands in China are consistently eclipsing...