February 23 – March 1, 2020 Issue #25 of our auto & mobility investment newsletter. This week’s featured investment is Pony.ai raising $462 million in B-round funding led by Toyota. This makes the company the 2nd most valuable independent autonomous driving company in the world. The...
Bloomberg Television, October 25, 2017 Bill Russo, founder and chief executive officer at Automobility, discusses Japan's auto industry, their reputation and the disruptions to the industry. He speaks on "Bloomberg Markets: Asia." Click here to see the video at bloomberg.com...
The Wall Street Journal, April 21, 2017 Consumer demand, availability of batteries are some of the manufacturers’ concern [caption id="attachment_538" align="aligncenter" width="300"] A visitor looks at a concept electric car system called the ZOE at the Renault stand during the Auto Shanghai 2017 show in Shanghai on...
AFP Newswires, April 23, 2016 Chinese Internet giant LeECO Holdings Ltd unveils its internet electric battery driverless concept car 'LeSEE', during a launch event in Beijing, on April 20, 2016 Beijing: Chinese manufacturers and internet giants are in hot pursuit of their US counterparts in the race...
Bloomberg News, December 16, 2015 China to be `epicenter of electrification,' analyst says BYD, Zotye among biggest sellers of electric cars in China China has found electric cars a tough sell even after lavishing consumers with subsidies and privileges. After almost certainly failing to meet a target to...
Bloomberg News, April 16, 2015 BYD Co.'s Sport-Utility Vehicles BYD Co. S6 sport-utility vehicles (SUV) move along the production line at the company's assembly plant in the Pingshan district of Shenzhen, China. Photographer: Brent Lewin/Bloomberg After years of losing out to foreign brands, China’s automakers are winning in the world’s...
The old automotive industry model - a way to provide mobility for middle-class consumers - no longer fits the China context, creating opportunities for innovation.
Bloomberg News, January 22, 2015 (Bloomberg) -- Toyota Motor Corp., which fended off Volkswagen AG to remain the world’s top automaker in 2014, may lose the sales crown as early as this year as it falls behind in China, the world’s biggest auto market. Toyota is predicting...