U.S. Stocks Rally After Trump Approves 90-Day Tariff Pause
U.S. stocks jumped on Wednesday afternoon after President Donald Trump announced a 90 day pause on the recently announced tariffs. On Truth Social platform, Trump wrote: “Based on the lack of respect...
View ArticleOnvo and XPeng EVs Achieve Top Score in China’s Energy Efficiency Test
Written by Cláudio Afonso | LinkedIn | X EV models from XPeng and Onvo received the highest energy efficiency ratings under China’s national assessment of battery electric vehicles, results published...
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Exclusive: Nio Replaces Onvo’s Top Exec Amid Wider Restructure
About a week after Onvo brand head Alan Ai stepped down, Nio Group has implemented a new series of executive changes affecting its mass-market Onvo brand and broader marketing departments, according...
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Mizuho Cuts Price Targets on Nio, Tesla, Rivian, and GM
Mizuho analyst Vijay Rakesh released on Wednesday a new research note lowering the firm’s price targets on four carmakers including Tesla, Nio, Rivian and GM. One day after Tesla shares closed up...
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UBS Reduces GM’s Price Target Over Tariffs Impact
UBS analyst Joseph Spak lowered on Thursday General Motors‘ price target by 20.3% to $51. In a new research note, Spak stated that the firm now estimates GM‘s volumes to decline 9% year over year in...
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XPeng Sells 36 EVs in UK in March After February Market Debut
XPeng sold 36 electric vehicles in the UK in March, according to official industry data, following the brand’s official market entry in mid-February. The Chinese EV maker began UK deliveries with its...
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Polestar Q1 Sales Jump 76% to 12,300 Vehicles
Polestar said on Thursday its global sales surged 76% year over year in the first quarter of 2025 to “an estimated 12,304” vehicles. The Michael Lohscheller-led company noted in a statement that it is...
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Goldman Sachs Trims Ford’s PT Despite Seeing ‘Long-Term Opportunity’
Goldman Sachs’ analyst Mark Delaney downgraded Ford’s price target on Thursday by 18.2% to $9 citing increased global competition, weaker consumer demand, and higher costs from tariffs. In a new...
View ArticleKia Slashes 2030 EV Sales Target by 21% to 1.26 Million Units
South Korea’s Kia announced on Wednesday that it aims to sell 1.26 million pure EVs by 2030, a 21.2% cut from the previous goal of reaching 1.6 million units. At its annual CEO Investor Day, the brand...
View ArticleLucid to Add Android Auto to Gravity SUV ‘Around September’
Lucid Motors plans to add Android Auto to its Gravity model around September, according to the company’s head of software engineering, Jean-Philippe Gauthier. A timeline for the integration in the...
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