Click here to the Audio Link 31 MAY 2023 Bill Russo of Automobility says BYD is selling extended range hybrid vehicles, and “Tesla can’t even counter that move.” Key take-aways: Tesla is in the number 2 position but is struggling to maintain its share in China’s hyper-competitive NEV...
Media Source : The Wall Street Journal Chinese officials embrace visiting CEO and talk up business ties despite U.S. tensions By Yoko Kubota, Raffaele Huang and Selina Cheng 01 JUN 2023 SOURCE: https://www.wsj.com/articles/elon-musk-is-feted-in-china-after-spurring-nations-ev-rised0357921 SHANGHAI—Elon Musk was welcomed enthusiastically by top Chinese officials this week in a visit that demonstrated Tesla’s...
Media Source : CNBC 31 MAY 2023 by Lim Hui Jie An aerial view of Tesla Shanghai Gigafactory on March 29, 2021 in Shanghai, China. Xiaolu Chu | Getty Images News | Getty Images KEY POINTS Musk’s visit is not just about Tesla, but its a “political statement” calling...
Media Source : China’s Rapid Shift to EVs Hurting Japanese Carmakers 02 MAY 2023 Big Japanese brands are struggling to match their Chinese rivals, as buyers in the world’s biggest market transition to cheap electric vehicles Toyota said it would introduce a system to audit cloud settings and...
Media Source : Financial Times Foreign makers have been caught out by speed of transition to electric vehicles and rapid rise of domestic rivals EDWARD WHITE So far this year, almost two-thirds of the total number of passenger vehicles sold were manufactured by four Chinese groups and Tesla...
Media Source : Business Insider Nora Naughton and Tim Levin May 16, 2023, 1:24 PM ET 16 MAY 2023 There aren't currently any Chinese car brands for sale in the US, but some analysts are concerned they could eventually make a play to upend the US market. Sjoerd van der...
Media Source : BBC Click here to the Audio Link Automobility Limited’s Founder & CEO Bill Russo was a guest on the May 10th edition of the BBC World Business Report podcast, where he shared the view from China on developments in the auto and EV market. Here...
Media Source : CGTN Click here to the Audio Link The Chinese electric car BYD's latest electric vehicle “Seagull” made its debut at the Shanghai Auto Show. The starting price for the hatchback is $11,000. How much of a game changer will it be? Bill Russo and Lauren...
Media Source : CGTN Click here to the Audio Link The 2023 Shanghai Auto Show. What’s the latest in cars and technology from Chinese and other international automakers? Hundreds of thousands have attended the Shanghai auto show where the latest cars and auto technology have been on display....
Media Source : U.S.NEWS 02 MAY 2023 FILE PHOTO: People walk past Honda's booth at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File PhotoREUTERS By Daniel Leussink TOKYO (Reuters) - Japan's automakers are facing a sales crisis in China, data shows, as a rapid shift...