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...
Bill Russo made an appearance on BBC’s Asia Business Report on July 5 to discuss China’s surging car export market. Highlights from the interview: Car exports from China have tripled from 2020 to 2022 and will quadruple in the full year of 2023 EV exports represent just 23.2% of...
Media Source : Reuters 07 JUL 2023 By Katrina Hamlin HONG KONG, July 7 (Reuters Breakingviews) - Beijing has engineered an unlikely truce in an attempt to end China’s car wars. On Thursday, regulators orchestrated an agreement between Tesla (TSLA.O) and 15 Chinese rivals to avoid “abnormal pricing”,...
Media Source: BBC 03 JULY 2023 By Annabelle Liang, Business reporter Electric carmaker Tesla says it delivered a record number of vehicles in the three months to the end of June, after cutting prices to boost sales. It has lowered prices in markets including the US, UK and China...
Click here to the Audio Link Media Source : CGTN Bill Russo was a guest on the China Global Television Network’s Dialogue program to discuss the outlook for China’s New Energy Vehicle market. Topics included, the market structure, global exports, battery supply chain, and potential structural changes...