May 9 – May 17, 2020 We are pleased to share issue #32 of our newsletter on global investments in the auto & mobility sector. Our lead story in Issue 32 is Waymo raising another $750 million in funding from multiple financial investors, which is needed to...
April 25 – May 8, 2020 We are pleased to share issue #31 of our newsletter on global investments in the auto & mobility sector. In light of COVID-19, several recent deals infused much- needed cash into struggling ventures, such as NIO and Lime. This issue features several...
LinkedIn Pulse, April 2020 by Bill Russo, Bevin Jacob, Emily Wang and Amber Shu The Chinese automotive market is showing positive signs of a steady recovery since February when the country was under lockdown. As shown in Figure 1, the year-over-year change in daily average passenger vehicle...
S&P Global, April 29, 2020 Author: Soon Chen Kang Theme: Retail & Consumer Products China's decision to extend subsidies and exemptions for electric and plug-in hybrid vehicles until 2022 is unlikely to significantly boost sales in this category, given the stronger effects the government's wider initiatives to...
AutoSensONLINE, May 13, 2020 Time: 10:30pm Shanghai time, 3:30pm GMT, 10:30am Detroit, 7:30am San Francisco Bill Russo, CEO of Automobility Ltd, will be moderating a panel discussion at AutoSensONLINE to explore the impact of COVID-19 on the ADAS and autonomous vehicle development industry. The panel will feature...
April 11 - April 24, 2020 We are pleased to share issue #30 of our newsletter on global investments in the auto & mobility sector. Recent deals indicate a growing momentum in the goods movement sector, which we believe has been boosted by the COVID-19 outbreak. This...
The Wall Street Journal, April 29, 2020 Roughly $1 billion investment entitles state-owned entities to 24.1% stake in electric-vehicle maker’s China unit By Trefor Moss SHANGHAI— NIO Inc., the embattled electric-vehicle startup once feted as China’s answer to Tesla Inc., has secured a financial lifeline from state investors in...
The Wall Street Journal, April 14, 2020 For Renault, the onset of the coronavirus epidemic snuffed out its bid to become a mainstream brand in China By Trefor Moss SHANGHAI -- Renault SA, which was already struggling in China before the coronavirus epidemic hit, will stop making gas-powered...
Tue, Apr 21, 2020 10:00 PM - 11:00 PM CST and 10:00 AM - 11:00 AM EDT Join the Auto Care Association and Bill Russo, Founder & CEO of Automobility Ltd. and AmCham Shanghai’s Automotive Committee Chair on Tuesday, April 21 from 10 a.m. - 11...
May 12, 2020 On May 12 (PST - California time) Bill Russo will be speaking at a Workshop for Auto/Mobility Tech Startups sponsored by Howard Chao and Doon Capital. Bill has spoken at this event in person for the past two years. In previous years this has...