China lockdowns force a market contraction Already facing numerous headwinds, the auto market collapses in April under the weight of severe COVID lockdowns Comments from Bill Russo, Founder & CEO of Automobility Ltd. Covid related lockdowns in China’s auto hubs Shanghai and Jilin province have led to critical...
March 11 - April 22, 2022This issue highlights the establishment of a S$30 million Autonomous Vehicle Centre of Excellence by ComfortDelGro’s venture capital fund as it seeks to future-proof itself. The aim is to develop a technology platform to support the delivery of mobility services using AVs.The...
Will Supply Chain Disruptions Halt the Rise of EV? Comments from Bill Russo, Founder & CEO of Automobility Ltd. Overall automotive sales in February were up 19.4% year-over-year (YOY) in China, which when combined with a positive month of January sales, represent a solid opening for 2022. ...
February 11 - March 10, 2022 This issue highlights the accelerated development of public EV charging infrastructure. US-based startups Revel and Our Next Energy secured new funding as well as Europe-based GreenWay. Germany-based eVTOL developer Volocopter has raised capital in its Series E funding round to support the commercial...
Chinese companies are leading the commercialization of electric and autonomous vehicle technology Comments from Bill Russo, Founder & CEO of Automobility Ltd. Overall automotive sales in January were up 0.9% in China, leading to the first positive year-over-year month since April 2021. It is noteworthy that production...
1st Quarter 2022 Welcome to the premier edition of our Automobility Tech Deals newsletter! Automobility’s EXCELerate Pipeline and Internet of Mobility Thesis We have recently published the 33rd edition of our Automobility EXCELerate pipeline (click here to access), featuring a curated list of global auto and mobility technology startups...
Jan 11 - Feb 10 This issue highlights that Private Equity firm Blackstone plans to invest $100B in energy transition and climate change solutions over the next decade. The future of autonomous taxis continues to attract investors. Boeing invests $450M in eVTOL startup Wisk while May Mobility...
Dec 7 - Jan 10 This issue highlights investors continuing to back startups in the EV market in India. Ola Electric picked up $53 million led by Temasek whereas Ultraviolette Automotive raised around $15 million from TVS and Zoho. eLeapPower, a provider of a smart inverter system...
This issue highlights investors continuing to back startups in the EV market in India. Ola Electric picked up $53 million led by Temasek whereas Ultraviolette Automotive raised around $15 million from TVS and Zoho. eLeapPower, a provider of a smart inverter system for EV charging, raised...
This issue highlights the $10M extension of Karamba Security's B-round of fundraising led by VinFast, a Vietnamese automaker. Automobility initiated the discussion among the parties which led to the investment. In addition, Automobility has joined the advisory board of Skyroads, an enbedded systems developer for Air...