The Wall Street Journal, May 27, 2020 Government struggles to spark interest as consumers turn more to traditional vehicles By Trefor Moss This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street...
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...
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...
Bloomberg News, December 18, 2019 Price reduction could help spur demand for Model 3 sedan Tesla preparing to start deliveries of locally made models Tesla Inc. is considering cutting the price of its China-built Model 3 sedans by 20% or more next year, people familiar with the plans...
CNBC Squawk Box Asia, August 27, 2019 Bill Russo of Automobility Limited says tariffs are part of the reason why Tesla's prices in China are likely to go up. He also says prices could come back down as the company begins to "localize." Why Tesla's prices in...
Bloomberg News, October 17, 2018 [caption id="attachment_17100" align="alignnone" width="306"] A Tesla Model S at the Shanghai showroom.Photographer: Qilai Shen/Bloomberg[/caption] Tesla Inc.’s breakthrough deal to secure land for a Shanghai factory commits the electric-car maker to a multibillion-dollar investment just as the Chinese vehicle market falters. The company secured...
CKGSB Knowledge, Summer 2018 “Tesla wants to sell electric cars to individuals. Nio wants to do that and also to put people into the digital ecosystem of Tencent,” says Russo. “I’m bullish on China’ s path. The electrification and automation of transportation is going to be...
CNN Money, July 10, 2018 Tesla has hiked the prices of its cars in China by about 20% after getting caught in the crossfire of the trade clash between Washington and Beijing. [caption id="attachment_17017" align="alignnone" width="780"] A Tesla Model S on display at a showroom in Shanghai.[/caption] by...
Bloomberg Television, May 22, 2018 Automobility founder and CEO Bill Russo weighs in on the future of plug-in electric vehicles, and talks about autonomous driving. He speaks on "Bloomberg Markets." (Source: Bloomberg) Click here to view the interview at bloomberg.com...
The Wall Street Journal, March 26, 2018 U.S. auto makers, hesitant to criticize Beijing’s electric-vehicle requirements, among firms looking to Trump administration to help open market [caption id="attachment_16906" align="alignnone" width="1260"] Workers assemble a vehicle at a Changan Ford plant in Harbin, China. Ford Motor Co. joined with...