Media Source : WIRED Zeng Yuqun is China’s most prolific battery billionaire. His ascent has major implications for a world increasingly reliant on electric vehicles. PHOTOGRAPH: QILAI SHEN/BLOOMBERG/GETTY IMAGES The headquarters of battery giant CATL tower over the coastal Chinese city of Ningde. To the untrained eye, the...
Media Source : Reuters 26 MAY 2022 By Norihiko Shirouzu Buick's electric vehicle(EV) Velite 6 of GM is unveiled during the media day for Shanghai auto show in Shanghai, China April 15, 2019. REUTERS/Aly Song/File Photo BEIJING, May 26 (Reuters) - If global automakers think they can extend...
Media Source : Forbes 20 MAY 2022 by Russell Flannery Out from Shanghai: Automobility CEO Bill Russo returned home to Reno, Nevada this month. American businessman Bill Russo has a long record of success in China. The 18-year veteran in the country arrived in Beijing as head of North...
Media Source : NIKKEI Widespread lockdowns dent consumer spending; vehicle sales plunge 16 MAY 2022 by CK TAN, Nikkei staff writer Tesla's factory in Shanghai temporarily shut most production amid citywide lockdowns. © Reuters SHANGHAI–China's key economic data tumbled in April as virus lockdowns, including in the financial capital Shanghai,...
Media Source : CGTN Click here to the audio link Bill Russo, Founder and CEO of Automobility Limited commented on CGTN 24 Hours Ukraine Crisis regarding the impact of the Ukraine Crisis on the Automotive Industry on April 16, 2022. ...
Media Source : Forbes 12 MAY 2022 by Russell Flannery China this week reported a 47% plunge in auto sales in April from a year earlier as Covid-19 lockdowns wreaked havoc in the world’s largest auto market and a major global manufacturing hub for auto parts and electric...
Media Source : Forbes 10 MAY 2022 by Yue Wang, Senior Contributor Robin Zeng, the billionaire chairman of Chinese battery giant Contemporary Amperex Technology (CATL), amassed a fortune of $45 billion as his company supplied more and more products to the booming market for electric vehicles. But in...
Media Source : Manufacturing Business Technology The supply crunch will hit a range of household items 02 MAY 2022 by Liam Gibson American consumers hoping to find the latest iPhone in their stocking come December better get their Christmas shopping done early. After Russia's invasion of Ukraine and...
Outrage over draconian lockdowns is raising questions about city’s status as a global business hub. Media Source: Al Jazeera 25 APR 2022 By Liam Gibson As Shanghai’s strict lockdown nears its second month, expat residents are heading out, a trend that in the long run could threaten the city’s...
Media Source : Value Walk 11 APR 2022 Chinese electric vehicle maker NIO Inc (NYSE:NIO) declared it will stop production and hike car pricesover the current Covid wave in the country and supply chain constraints. As reported by CNBC, NIO’s shares listed in Hong Kong dropped by almost...