Hints and tips:
...“This places huge pressure on BYD and Li Auto, the perennial leaders in the PHEV category, to defend their share,” said Automobility founder Bill Russo....
...Many carmakers in China, Russo said, ultimately face two choices: “Leave the factory mothballed or crank out some volume and send it to Russia, send it to Mexico.”...
...“The over-exuberance . . . and listings of EV companies has [led to] capital destruction that is now catching up with companies which chose that route as the main source of funding,” said Russo....
...foundries to control his supply chain — Wang is “democratising” electric vehicles and the batteries they rely on via a vertically integrated business model and a relentless focus on technology, says Bill Russo...
...“With the exception of Tesla, foreign brands were caught flat-footed as they did not anticipate the market shift [to EVs] and are rapidly losing relevance,” said Bill Russo, the former head of Chrysler in...
...And they’re newer,” said Bill Russo, former head of Chrysler in China and founder of advisory firm Automobility. Having conquered the Chinese market, Wang is now setting his sights on foreign shores....
...Russo added that while BYD had sold 1.39mn vehicles in China this year, which is 1mn more cars than Tesla, sales dipped from June to July, its first monthly drop for several years....
...Three-quarters of Chinese cars exported today have petrol or diesel engines, notes Bill Russo, former head of Chrysler in north-east Asia and founder of Automobility....
...The result has been “massive overcapacity” in the number of vehicles produced in factories across the country, said Bill Russo, former head of Chrysler in China and founder of advisory firm Automobility....
...“The rest of the world’s ‘miss’ on batteries is that they prioritised battery chemistry tied to performance, not affordability,” said Bill Russo, founder of consultancy Automobility and Chrysler’s former...
...It really requires a rethink of your whole business model,” said Bill Russo, founder of Shanghai-based consultancy Automobility and the former head of Chrysler in China....
...edward.white@ft.com...
...“Foreign brands are clearly bleeding market share and we therefore expect 2023 to be the first full calendar year in which local brands outperform global brands in terms of sales volume,” Russo said....
...“They will continue to milk the cow, but the cow isn’t going to survive much longer,” said Bill Russo, the former head of Chrysler in China and founder of Shanghai-based consultancy Automobility....
...That is one of the things they have to be leery of,” said Bill Russo, founder of Shanghai-based consultancy Automobility and the former head of Chrysler in China. CATL and CSRC did not comment....
...“China’s responses to the 2008 Russo-Georgian war and Russia’s 2014 annexation of Crimea were both cautious and ambivalent,” he added....
...“Berkshire Hathaway remains designed to reward investors over time but not on time,” said Thomas Russo, a managing member of Gardner Russo & Gardner, which owns Berkshire stock....
...Russo-British relations were still overshadowed by imperial rivalry in the Balkans and Central Asia....
...chair by Edward Wormley....
...Posing as a young tourist, he got to know Russo’s bodyguards and then Russo himself, and shot several portraits of him, even photographing him in bed....
...In Mr Russo’s view, the general counsel of the future must embrace technology....
...Edward Knight, (Special Mention) the general counsel at Nasdaq, is described as a “constant innovator” by commercial colleagues....
...Two other watches also broke the seven-figure barrier, vindicating the decision of Edward Dolman, Phillips chairman and chief executive, to bring the house back into what is a highly competitive market....
...Bacs & Russo operated largely below the radar, offering expertise to individual collectors, museums and brands....
...Jack Russo, analyst at Edward Jones, said it was too early to judge the results of 3G’s deal to merge Burger King with Canadian doughnut chain Tim Horton’s, but that the burger chain seemed to be performing...
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