Media Source : CNBC Click here to the AUDIO Link Xiaomi tries to establish itself in the new category with EV launch, key question is can it compete? Bill Russo of Automobility says Xiaomi hopes to leverage on its smart device ecosystem to win over customers for its...
Media Source : CNBC 18 MAR 2024 by Dylan Butts and Evelyn Cheng KEY POINTS Given policy uncertainty around Chinese EV exports to major markets like the U.S. and Europe, BYD is seeking to bolster overseas sales by moving production to regions perceived as more friendly. BYD is...
Media Source : Reuters March 28, 2024 By Sarah Wu and Yelin Mo BEIJING, March 28 (Reuters) - China's Xiaomi (1810.HK) will launch its highly anticipated electric vehicle (EV) on Thursday when it will reveal its pricing and start taking orders, marking the electronics company's entry into the...
Media Source : The Wire China The fierce competition between Chinese automakers has the potential to reshape EV markets around the world — and stoke resistance. By Rachel Cheung March 24, 2024 When BYD kicked off its latest marketing campaign last month, it used a simple slogan: “Electric Is...
Media Source : Xinhua News In 2023, China's auto exports surged 57.9 percent year on year to a record high of 4.91 million vehicles. Especially, new energy vehicle exports were growing rapidly. In the latest InShanghai Roundtable, we'll explore more about China's NEV industry. Guests: Bill Russo,...
Media Source : Bloomberg News March 11, 2024 Major automakers look to high-tech features beyond drivability Country’s cut-throat industry has had sluggish start to year In China, electric vehicles with built-in fridges and even in-car karaoke systems are considered passé. Instead, carmakers are turning to increasingly novel...
Media Source : The Wall Street Journal Once laggards, Chinese carmakers are stirring envy—and fear—in the global auto industry By Selina Cheng in Hong Kong and Yoko Kubota in Beijing Mar 4, 2024 China is speeding ahead in the electric-vehicle race. Riding the nation’s EV boom, upstart automakers have...
Click here to the audio link Media Source : CNBC Bill Russo, founder and CEO of Automobility Limited, discusses Nio’s fourth-quarter earnings, the electric vehicle price war and weak demand, saying “you’re going to need to burn for a while before you can earn.” Source: https://www.cnbc.com/video/2024/03/06/advisory-firm-discusses-outlook-for-nio-other-chinese-ev-makers.html...
Media Source : REUTERS February 2, 2024 STOCKHOLM, Feb 1 (Reuters) - The shakeout in the global electric-vehicle industry is picking up speed. Chinese automaker Geely's (GEELY.UL) move on Thursday to take over funding of struggling EV maker Polestar from Volvo Cars (VOLCARb.ST), is the latest consolidation among...
Media Source : Global Auto Industry Click here to the Audio Link GlobalAutoIndustry.com’s latest Audio Interview “China’s Automotive Industry: 2023 Review and 2024 Outlook” features Bill Russo. Mr. Russo is the Shanghai-based Founder and CEO of Automobility Limited, a strategy and investment advisory firm helping its clients to create...