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...
Media Source : People's Daily Online 20 JUN 2023 A BYD vehicle on display during an expo in Paris, France. [Photo/Xinhua] One of the keys to success in the electric vehicle industry is making an affordable car for the mass market. Chinese automaker BYD — which stands for "Build...
Media Source : REUTERS 19 JUN 2023 By Katrina Hamlin HONG KONG, June 19 (Reuters Breakingviews) - Chinese automakers will road test Western protectionism. Electric-car marques led by BYD (002594.SZ), (1211.HK) are establishing their supremacy at home against global brands such as Tesla (TSLA.O)and Volkswagen (VOWG_p.DE) thanks to...
Media Source : THE WIRE CHINA 26 FEB 2023 How did the Chinese automaker become such a dominant force in the EV industry? And, perhaps more importantly, can it stay that way? Illustration by Luis Grañena BY ELIOT CHEN — JUNE 18, 2023 If you had to pinpoint the moment...
Media Source : REUTERS 16 JUN 2023 A view of a Tesla sign at its factory in Shanghai, China June 12, 2023. REUTERS/Aly Song China cautious about approving new EV production -analysts Tesla has aimed to produce 450,000 cars a year at new site Chinese EV production...