Comments from Bill Russo, Founder & CEO of Automobility Ltd. WHERE WE STAND IN 2024 Overall domestic sales declined 579k units (-2.3%) over the first three quarters compared with last year. Sales of New Energy Vehicles are up 35.5%, while sales of pure Internal Combustion Engine...
Comments from Bill Russo, Founder & CEO of Automobility Ltd. WHERE WE STAND IN 2024 New Energy Vehicle share continues to expand, comprising ~38 % of all vehicles produced in China in 2024, with monthly share of shipments ~45% in the month of August. Chinese brands...
Comments from Bill Russo, Founder & CEO of Automobility Ltd. 2024 HALF YEAR HIGHLIGHTS NEV passenger vehicle sales surpassed gasoline powered vehicles for the first time on a monthly basis in July. Chinese brands now hold 63% share of the passenger vehicle market, an increase of...
Comments from Bill Russo, Founder & CEO of Automobility Ltd. 2024 HALF YEAR HIGHLIGHTS Shipment volumes are up 6.1%, with New Energy Vehicle (NEV) shipments up 32% while gasoline powered vehicle shipments are down 4.1% versus H1 2023 1 in 5 Made-in-China cars are exported, with exports up 31.3% versus...
8th Edition - July, 2024 This newsletter features active investment opportunities from our Automobility EXCELerate pipeline. The companies noted here are actively fundraising and seeking commercial partnerships. Several aim to close an equity investment round in the 2nd half of 2024. Click on the links in the...
May 1 - June 30, 2024 Comments from Bill Russo, Founder & CEO of Automobility LtdThe 65th edition of our Automobility Pulse Check features relevant funding events in the global mobility technology sector. We feature here events that are illustrative to our core Digital Internet of Mobility thesis. This...
Comments from Bill Russo, Founder & CEO of Automobility Ltd. PLEASE NOTE: The information and analysis shared in this newsletter, including the charts and style of materials presented, is the intellectual property of Automobility Ltd. While we share it as a way to serve our existing and new clients, it...
Comments from Bill Russo, Founder & CEO of Automobility Ltd. PLEASE NOTE: The information and analysis shared in this newsletter, including the charts and style of materials presented, is the intellectual property of Automobility Ltd. While we share it as a way to serve our existing and new clients, it...
We are very pleased to share the 47th Edition of Automobility’s EXCELerate pipeline. As always, we are continually scanning the global mobility technology landscape to curate excellent investment opportunities that we believe offer differentiated solutions which fit our “Internet of Mobility” (IoM) and Energy Transition...
Hyper-competition Triggers Price War II Comments from Bill Russo, Founder & CEO of Automobility Ltd. As we have highlighted in our February newsletter, China's automotive market is contending with a number of headwinds exiting 2023: Multi-year decline in sales volumes of Internal Combustion Engine (ICE) powered vehicles (down 11 million units from...